What's Next for Businesses in the Metaverse? Experts Weigh In
The Metaverse, the world we live in when we enter virtual reality, has the potential to completely disrupt businesses as we know them today. But what will really happen? How will it impact the ways in which we work and interact with one another? And how will it affect our day-to-day lives and the roles that businesses play in them?
Victor Yang: CEO, Wangxiang Blockchain Technology Co., Ltd.
The business world is on the cusp of a new era – one in which the physical and digital worlds will merge to create entirely new experiences. This metaverse will provide endless opportunities for businesses to connect with customers and create immersive, interactive experiences. But what does this shift mean for businesses? We asked a few experts to weigh in on what they think is next for businesses in the metaverse.
Peter Shi: Founder & CEO, Deep Cloud AI Inc.
With businesses already starting to move into the metaverse, it's only a matter of time before we see even more integration between our physical and digital worlds. But what does that mean for businesses? We asked some experts to weigh in on what they think is next for businesses in the metaverse.
Thomas Saunders: Founder & Managing Director, BlockHub Pte. Ltd.
The internet as we know it is evolving. The Metaverse is a shared, virtual space where people can meet, interact and do business. It's a natural extension of the online world, and businesses need to start thinking about how they can operate in this new environment. They will have to consider privacy, identity management, data ownership and security. But what excites me most about the Metaverse is that it provides an opportunity for people from all over the world who couldn't previously work together, due to constraints like language barriers or distance, to now connect and collaborate with each other.
Yu-Ting Liu: Co-Founder, VP Development and CTO, DeepCloud AI Inc.
A new business doesn't just mean a new website or a new product. It means a whole new way of thinking about how you reach your customers and how they interact with your brand. The metaverse provides an unprecedented opportunity to engage with customers on a deeper level, creating loyalty and driving sales. But businesses need to be thoughtful about their approach, says Yu-Ting Liu, Co-Founder, VP Development and CTO of DeepCloud AI Inc.
Dr. John Choi: Adjunct Professor of Digital Economy Institute, Singapore University of Social Sciences (SUSS)
As businesses increasingly enter the metaverse, it is important to consider what this means for the future of business. Dr. John Choi, Adjunct Professor of Digital Economy Institute at SUSS, believes that businesses will need to focus on three key areas in order to succeed in the metaverse: community, content, and commerce.
Steve Tsang : Chairman , Distributed Ledger Technologies Association (DLTA)
The COVID-19 pandemic has forced businesses of all types to re-evaluate how they operate. Many have turned to digital solutions to keep their doors open, and it’s likely that this trend will continue even after the pandemic ends. One area that businesses are turning to is the metaverse.