Metaverse Coming Soon- How would Taiwan go down in history?

by Han-Ru Xie

What is the Metaverse? What kind of charm and potential does it possess? Can Taiwan keep up with the trend and seize the opportunities brought by the Metaverse?

The Metaverse bringing movies to life

The term was coined in Neal Stephenson’s 1992 science fiction novel Snow Crash. Here is how Stephenson put it: “put on your headphone and glasses, find a connection point on the Internet, and you can enter a computer-simulated virtual space that is parallel to the real world with a virtual identity.”

In the real world, the Metaverse is regarded as the next stage of the Internet development. Imagine an Internet world that simulates reality, with the combination of augmented reality (AR), virtual reality (VR), 3D technology, artificial intelligence (AI), and the 5G network. A world that goes beyond the limits of time and space, yet can fulfill functions in reality such as socializing and having entertainments.

Taiwanese companies seize opportunities in the Metaverse era

As foreign companies are busy making arrangements for the era of Metaverse, Taiwan, as an island known for its technology development, also keeps up with the latest trend. VIVE ORIGINALS, a brand under HTC Corporation, has long been working on the idea of the Metaverse, and will be the first in Taiwan to hold a virtual concert.

Different from concerts that are simply going live online, VIVE ORIGINALS has designed Beatday, a virtual concert platform that allows audiences to interact with the performers and other participants through a personal avatar on their mobile phone. This brings the audiences more fun and makes them feel like they are at a real concert.

VIVE ORIGINALS taking the lead in unveiling virtual concert Metaverse

In addition to concerts, VIVE ORIGINALS also looks forward to building a virtual space with special settings that feature independent systems for social connections, economic activities, and growth and development. In this space, people would be able to have fun, interact with others, learn new things, and make transactions using their digital identity.

Conclusion

The coming of the Metaverse may be a chance for an industry reshuffle in Taiwan. In terms of hardware in practice, there are VR headset by HTC Corporation, AR glasses by Jorjin, and Taiwan Semiconductor Manufacturing Co. (TSMC) as well as United Microelectronics Corporation (UMC) that manufacture VR processors and chips for 3D graphics through OEM productions. In addition, industrial automation companies such as Delta Electronics, Inc. and Advantech Co., Ltd. have come up with applications of Internet of Things (IoT) and digital identities, whose development in the Metaverse is also potential.

Facing the coming of the Metaverse era, as long as Taiwanese companies seize business opportunities and make the best of their advantages, they are sure to secure a seat in the game.

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