A couple in the US recently wedded on the metaverse. They met on a virtual reality interview seven years ago and decided to tie the knot on the metaverse. Even though there was also a physical wedding, it was combined with avatars that were hosted in digital channels, mimicking real-life events that were taking place in the wedding. Guests could also join the event from any location in the world, and even did a toast. They could also dance to the music that was played. One could see avatars of the guests make dance moves. This is the new reality
In October of 2021, Facebook, one of the largest tech companies in the world with a market cap of over $800 billion, rebranded its parent company name to Meta. It now trades under this company name. Facebook says they believe that metaverse is the future and are committed to spending over $10 billion in the next 5 to 10 years to further development of the metaverse. It is also investing heavily into virtual and augmented reality to make this a possibility.
The recent Covid-19 pandemic made it clear that the world will have a shift in the way it considers work. Work from home became the new norm. However, even with this new normal, it is clear that certain aspects of the “old” world like being in an office and having “physical one on one” meetings are still considered important. Creating virtual environments where work can be done and also having online meetings such as through Zoom and Skype have enabled people foresee a future where the border between VR and physical may be blurred. Zoom, a video conferencing company, is currently valued at over USD 50 billion.
Virtual real estate research companies, analytics company Metametric Solutions and Brand Essence Market recently stated that over $500 million of virtual real estate was sold in the metaverse in 2021. “There should be an average growth of over 30% annually from 2022 to 2030 in the metaverse,” they stated. “We expect that by 2022, sales should reach at least $1 billion.”
The metaverse can be defined as an online universe that can exist independent of the physical world. However, activities and events in the metaverse may be similar to what is taking place in the real world. Marriages can take place, real estate sold, businesses set up and ownership of digital assets can take place in the metaverse. Current technologies and especially blockchain technology have made it possible to achieve a digital world where assets are scarce, unique and can’t be replicated.
High-performance computing (HPC) is a service that uses the high-level computer processing capacity needed for powering AI platforms and also performing other complex scientific calculations. The entire process uses high-powered hardware and software infrastructure because of the limiting factors found on desktops and laptops.
Because the whole process usually involves computing power to get much higher power, desktops and laptops might not be used. They can only run a single simulation at a time, which in most cases is overburdening them. The desktops and laptops are too slow and are not built to perform complex scientific calculations and research; hence, they may even break down.
More power has necessitated extensive research to constantly increase the scope by integrating more information, modifying and making improvements to their models and expanding the area to include more regions. This also calls for supercomputers to handle such heavy tasks fast and efficiently.
A fully-functioning HPC can perform quadrillions of calculations per second compared to desktops, whose performance is about three billion calculations per second. Supercomputers (GPUs) are good examples of HPC service because their work is fast and they complete more tasks. AI, 3D imaging, and IOT (Internet of Things) depend entirely on HPC services.
HPC Solutions or Services
HPC solutions or services are naturally composed of compute, network, and storage components. Compute has servers joined together into a cluster managed by software algorithms that dictate their functions. The cluster is converted into data storage, where the output is captured.
Each of the three components works in harmony to achieve maximum efficiency. Most HPC solutions use Linux or Microsoft as their operating system. HPC services have lots of benefits, including:
- They offer unmatched speed. This is because of the clusters a configuration has. The more it has, the faster the calculations will be.
- They save costs for their clients. HPC services are mostly found on the cloud. Therefore, computing services are only accessed on demand and when the clients choose and when additional computing is needed.
- They handle heavy computation. Each part of the system is powerful. If one part fails, the other can take over the completion of the task.
HPC Challenges on Metaverse
HPC solutions have had a lot of success. Despite the achievements, HPC still faces challenges that hinder its adoption on the metaverse. These challenges are:
DeepSquare Services That Will Benefit The Metaverse
DeepSquare is currently the next-generation platform designed to democratise HPC in any environment. DeepSquare is a platform that seeks to address HPC solutions’ challenges in the metaverse world. AI systems can encourage smart grids and optimise the energy consumption of other systems. However, the techniques will consume vast amounts of energy.
DeepSquare will address the challenges in the metaverse by offering the following services that are beneficial to the metaverse world. The platform is based on an ecosystem of HPC clusters, a marketplace, and a smart contract protocol matching high-density workloads between the users and content creators
The platform addresses challenges by intensively computing loads in energy consumption, idle resource management, monopoly, and governance.
While the energy and nuclear powers are a significant contribution, fossil fuels supply 84% of the vast majority of energy consumed globally. This means that when it comes to AI and the conduction machines’ learning and training, power consumptions are so high and stunning, and are to a greater extent unsustainable, both environmentally and economically.
The idle resources have also been a big challenge for HPC solutions. The servers compound a lot. The EU recently put a law in place to tackle this issue to save up to 9TWh per year. The GPUs will also be used to process workloads, ensuring efficiency. DeepSquare is set to address these challenges through:
1. DeepSquare Association
This is a community-owned association building decentralised hardware infrastructure and hosting HPC applications. The association also supports the development of social and environmental-driven tasks. This will improve the efficiency of the computing industry, thereby being beneficial to the metaverse universe.
2. DeepSquare Grid Clusters
This service is a decentralised network participating in HPC clusters. This will deliver more sustainable and cost-competitive compute resources. The service’s location is strategical for geographic and environmental efficiency.
The grid clusters are hyper-efficient, using specialised HPC architectures, renewable power, and immersion cooling with heat recapture and storage. The cluster is about 30 to 40% more efficient, making it the best choice to address the metaverse challenges when compared to the current sets in use.
3. DeepSquare Marketplace
The marketplace is a management that has been set to deliver high-density workloads to the hardware and software clusters. The system is designed to draw all applications and workloads that can use the resources.
The marketplace will be loaded with the AI machine before use. It includes the csquare – a deep learning training platform, and isquare – an intuitive AI platform for trained models. The marketplaces aim at hosting additional software to enhance the service.
4. DeepSquare tokens
DeepSquare implements a two-token system. DPS or DeepSquare token is an asset/security token that grants its holders community membership and voting and staking rights. SQUARE token is a utility token used for payment in the ecosystem, and delegated voting and staking. The ratio between two tokens is 1:1. The platform uses tokens to democratise fairness.
5. DeepSquare Smart Contract
The smart contract will run on the Ethereum blockchain. However, the full implementation of the protocol will run on high-performance smart contracts on blockchains like Solana, Avalanche and Cardano. However, plans are underway to establish a standalone blockchain.
Features of the DeepSquare platform
DeepSquare is significantly going to reduce the energy demands of HPC providers. The platform uses hyper-efficient clusters that will leverage renewable energy and cooling technologies. For efficiency, DeepSquare will employ InfiniBand – a high-performance network fabric with latency to enable the nodes to communicate fast and reduce idle time.
The metaverse is seen as the intersection of virtually enhanced physical reality and persistent virtual space. Metaverse is trying to go beyond the online phenomenon and become the breeding of both the physical and the virtual environment, creating a whole new thing. The industry has rapidly expanded in just a short period.
Users access the metaverse world by using virtual reality headsets, which have been projected to surpass 34 million units by 2024. Virtual reality is slowly becoming a commodity. By 2030, virtual headsets will be used as game consoles. Already, big tech companies have begun revolutionising their IT systems to submerge into the metaverse space.
Metaverse exists in the space where realities like virtual worlds, mirror worlds, augmented reality, and lifelogging overlap are creating a mutually-reinforced user experience. When technologies become commonplace and as vital as we believe, the people who choose not to participate will be left out.
The future is virtual, as significant technology companies like Microsoft, Zoom, and Facebook clearly show that the metaverse has massive potential. According to Mark Zuckerberg, metaverse will be substantially mainstream in 5-10 years.
What kind of technological advancement do we need? There is a need for hardware for both users and content creators, a need for auxiliary processing power to support the massive computing power, and a need for the network that will support the infrastructure.
Hopefully, you have enjoyed today’s article. Thanks for reading! Have a fantastic day! Live from the Platinum Crypto Trading Floor.
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