Human centric platforms for personalized value creation in metaverse

The term Metaverse first used in Neal Stephenson's sci-fi book Snow Crash in 1992, refers to a fusion of virtual and real existence. Nearly 30 years later, that definition is taking shape and promises to alter how people live and operate. This next evolution of Internet also known as Web3.0 will combine digital and physical elements. Multiple definitions can be found in the literature, with the most prevalent being the new internet, among others such as democratized virtual society, persistent virtual spaces, a digital twin of our own world for personalized value creation. Consequently, the common consensus dictates that Metaverse can be realized as a new form of the Internet, totally reshaped from what is already known. As we are heading towards the coexistence of Industry 5.0 and Society 5.0 (super smart and intelligent society), this paper attempts to present the definition of Metaverse, its evolution, the advantages and disadvantages, the pillars for the technological advancement which could be the fuel to spark future investigation and discussion as well as to accelerate the development of Metaverse towards the human centric and personalized society. Furthermore, in this manuscript, challenges and opportunities are presented (including Manufacturing), a brief comparison is performed versus Virtual Reality, and a conceptual framework for integrating Metaverse in Manufacturing is also presented.

Automated summary

The term "Metaverse" was first used in Neal Stephenson's sci-fi book Snow Crash in 1992, referring to the fusion of virtual and real existence. Nearly 30 years later, the definition of Metaverse is taking shape and has the potential to alter people's lives. Known as Web3.0, this next evolution of the Internet will combine digital and physical elements. Metaverse can be seen as a new form of the Internet, fundamentally reshaping what is already known.