What Is The Metaverse?

What Is The Metaverse?

A space created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the internet.

In an educational context, the metaverse could potentially be used in a number of ways:

Virtual classrooms: The metaverse could be used to host virtual classrooms, allowing students and teachers to participate in real-time, interactive lessons from anywhere in the world.

Collaborative learning: The metaverse could facilitate collaborative learning by providing a platform for students to work together on projects and assignments in a virtual environment.

Virtual field trips: The metaverse could be used to take students on virtual field trips, allowing them to visit and explore locations that may be difficult or impossible to access in person.

Simulation and training: The metaverse could be used to create realistic simulations and environments for training purposes, such as preparing students for careers in fields such as healthcare or emergency response.

Distance learning: The metaverse could be used to support distance learning, allowing students to take courses and earn degrees without having to be physically present on campus.

Case study

The All India Council for Technical Education (AICTE) has revolutionized the Indian education system, allowing students to collect credits from multiple approved universities. This landmark decision was a major step forward in making education more accessible and less restrictive. Furthermore, AICTE became the first accreditation body in the world to have a virtual office in metaverse (and it is known as Polyversity), further demonstrating their commitment towards modernizing the educational experience. The introduction of this innovative system has enabled students to better manage their multiple certificates and broaden their academic horizons.

Polyversity is revolutionizing the way students attend university classes by allowing them to take courses that are delivered live online. Attendance is automatically recorded when the student enters the lecture space digitally, providing an authenticated valid record of their participation. This structure also enables both the student and lecturers to access digital artifacts, ensuring a secure and accurate learning experience.

Information Data Systems (IDS) team in collaboration with AICTE build Polyversity Metaverse and has already onboarded over 100,000 students from more than 70 universities to the Metaverse platform. This is a learning experience like we have never had before, a new way of collaboration between universities and students.

How will Education Metaverse contribute to ESG

It is difficult to say exactly how the metaverse will contribute to ESG (environmental, social, and governance) efforts, as it is still a relatively new and rapidly developing technology. However, it is possible that the metaverse could potentially have both positive and negative impacts on ESG. Some potential ways in which the metaverse could contribute to ESG include:

Positive impacts:

1) Reduction in carbon emissions: The metaverse could potentially reduce the need for travel, resulting in a decrease in carbon emissions.

2) Increased access to education: The metaverse could facilitate distance learning and make education more accessible to people in remote or underserved areas.

3) Improved communication and collaboration: The metaverse could facilitate communication and collaboration among people from different parts of the world, potentially leading to increased understanding and cooperation.

Negative impacts:

1) Energy consumption: The metaverse could potentially require a significant amount of energy to run, which could have negative environmental impacts.

2) Displacement of physical jobs: The metaverse could potentially displace some physical jobs, such as those related to travel and tourism.

3) Data privacy and security: The metaverse could potentially raise concerns about data privacy and security, as it involves the collection and storage of large amounts of personal data.

Overall, it is important to carefully consider the potential impacts of the metaverse on ESG, and to take steps to minimize any negative impacts and maximize the positive ones.

Author : Anju De Alwis, Managing Director of Ultimate Access Education 

Keynote speaker and founding director of an education company Ultimate Access, based in UAE. Doctoral candidate researching the topic of Blockchain in Education. Senior executive with extensive experience in the corporate commercial world. Experienced in partnering with senior executives to carry out research activities related to emerging technologies such as Blockchain, AI, Machine Learning, alternate financing, DeFi (de-centralised finance) with industry partnerships. Qualifications Manchester Business School - MBA Chartered Institute of Management Accountants CIMA - UK Chartered Global Management Accountants CGMA CPA - Australia Chartered Institute of Marketing - UK I hold the following leadership positions at both CIMA UK and CPA Australia; CIMA UK - Global Council Member CIMA UK - Member of Thought Leadership & Business Ethics Committee CPA Australia - Member of Ethics and Professional Standards Centre of Excellence.

Anju's Linkedin : https://www.linkedin.com/in/anjudealwis/

Article From : https://ultimateaccess.net/

Contact Anju Here: anju@ultimateaccess.net