The banking industry has undergone huge changes in recent decades. In a short period of time, with increased digitization and ever more sophisticated data protection, banks have gone from being physical institutions with paper-based systems to digital enterprises with far less emphasis on real-world branches. This has even led to the introduction of digital-only banks,…
On first hearing about virtual real estate, many people wonder why anyone would create it or how it would even work. Such reactions are understandable – after all, what would be the point in owning virtual property? Isn’t the physical property we have in the real world enough? Well, you might be surprised to learn…
What is Augmented Reality? Augmented Reality is a new technology and one of the fastest developing. Every year advances are being made in this field. The term Augmented Reality, or AR for short, refers to those solutions that combine the real world that we see every day with a 3D or 2D computer-generated one. This…
With Facebook changing their name to Meta, it may seem to some as if social media and entertainment are going to be the main applications of the metaverse. This couldn’t be further from the truth. In fact, if you dig a little deeper, you’ll realize that it has the potential to benefit society in many…
The metaverse is not only Facebook/Meta, which underwent a rebranding last year on the wave of much hype, but also a global movement driven by the development of new technologies, such as Web3, blockchain, and NFTs. How does the metaverse support the music industry? Are artists, record labels, managers, and events companies able to establish…
Over the past few decades, as the technology behind digital innovations such as the Internet and virtual reality has developed and become more sophisticated, new solutions have come about which have caused significant changes in how things can be done. One of these is blockchain technology, something which is slowly becoming more and more a…
Since their inception over a century ago, cinemas have gone through all sorts of changes. From open-air cinemas to the boom of drive-in theaters in the 1950s, all the way to today’s 5D movie experiences, which include real effects like water, smoke, and even moving platforms. But the evolution of cinema is not done yet,…
Digital twin technology is changing how complex devices and solutions for the Internet of Things, artificial intelligence, and advanced data analytics systems and applications are created, tested, and improved. What is a digital twin? What is digital twin technology used for? We explain! Digital twin – what is it? In the simplest terms, a digital…
Our world is changing. An obvious statement, but is it about to undergo a revolutionary paradigm shift? With the advent of the metaverse, this is quite possible. Most changes these days bring with them new technologies which just a few years ago no one could have imagined. Often, they can be difficult to understand and,…
Until recently, only initiated science fiction fans and high-tech enthusiasts had heard of the Metaverse, but soon, we could all be living in what we call the Metaverse. But what is it? In short, a completely virtual world where people will lead digital lives parallel to their real ones, in the form of an avatar….
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