The telecommunications giant Nokia highlighted a growing increase in network demand because of upcoming advances in metaverse, Web3 and artificial intelligence (AI), highlighting its plans to fill this gap by 2030.
In your report of Technological Strategy 2030, Nokia highlighted the construction of a network architecture aimed at serving the innovation market. The company forecasts a 22% to 25% increase in network demand between 2022 and 2030.
Nokia's president of network infrastructure, Federico Guillén, characterized the recent growth in the widespread introduction of artificial intelligence generative, as well as, virtual reality.
In its strategy, Nokia will focus on investment within its portfolio in network equipment and services in the coming years. One of the six ecosystems that the telecommunications giant will serve is the Internet of Value, which will focus on decentralization, blockchain and smart contracts. Furthermore, in the metaverse, Nokia will focus on human augmentation, spatial computing, as well as split processing.
What is Metaverse in Blockchain?
Currently, there is a wide debate around the term “Metaverse” and how it is about to revolutionize our online experience. However, several interpretations of the term are in circulation, which generates some degree of confusion.
The expression “Metaverse” was initially coined in the iconic cyberpunk science fiction novel written by Neal Stephenson, titled “Snow Crash”, published in 1992. But what exactly does the term “Metaverse” mean? Metaverse? The Metaverse (always capitalized in Stephenson's work) is described as a shared “imaginary realm” that is “accessible to the public through the global fiber optic network” and is represented through virtual reality glasses in the narrative. Thus, the term can be applied to digital environments that have been enriched with virtual reality (VR) or augmented reality (AR) technology.
