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Scalable metaverse-based wireless ecosystem: networked economic valuations

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

A scalable metaverse-based wireless ecosystem is a network of interconnected devices\r\nand infrastructure that can support the massive volume of data traffic generated by\r\nmetaverse applications. The concept illustrates a digital environment where many users\r\nand devices are connected wirelessly to interact within a metaverse. The Understanding\r\nthe intricate dynamics of networked economic valuations in this setting is vital for\r\nassessing the scalability of digital economies. The target would be not only enabling\r\nthese interactions but also measuring and analyzing the economic value generated with\r\nnetworked economic valuations within this interconnected virtual world. This view,\r\nunderpinned by the idea of networked economic valuations, represents a significant\r\nleap in the evolution of digital environments. This approach not only emphasizes the\r\ntechnological aspects but also places a strong focus on understanding and harnessing\r\nthe economic potential within the metaverse. The scalability of this ecosystem is\r\nparamount for supporting diverse social, economic, and cultural activities as metaverse\r\ntechnology evolves. As technology evolves, the metaverse could become a significant\r\nspace for social, economic, and cultural activities, and the ability to scale this ecosystem\r\nwhile understanding its economic impact would be crucial for stakeholders and\r\nbusinesses involved in it. This idea may evolve further as technology advances and\r\nnew developments occur in the fields of augmented or virtual reality, wireless communication,\r\nand the metaverse. This chapter examines the concept of economic scalability\r\nthat fosters volumes of sales, enhancing corporate profitability.
Original languageEnglish
Title of host publicationAdvanced Metaverse Wireless Communication Systems
PublisherInstitution of Engineering and Technology (IET)
Pages153-180
Number of pages28
ISBN (Print)9781839539077
DOIs
Publication statusPublished - 2025

All Science Journal Classification (ASJC) codes

  • General Engineering

Keywords

  • 6G
  • Artificial Intelligence
  • Avatar
  • Blockchain
  • Digitalization
  • Metaverse
  • Profitability

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