SINSO is fueling the construction of the Metaverse with a SINSO DAC to be launched in 2023

SingaporeAnd January 29, 2023 /PRNewswire/ — How is “Metaverse” defined? It is not the same as “VR + AR” or “Brain-computer interfaces + AI”, and its involved content is much more than “Play to Earn” and Defi. What is the core of the Metaverse? Although we tend to focus a lot on the technical presentation of the Metaverse, it’s not practical to ignore its nature. As the Metaverse, Meta (the former Facebook) has branded its VR technology; Microsoft is crowning its mixed reality; Apple promoted augmented reality to avoid loss of voice. Google has launched VR and AR products suitable for smartphones, as well as 3D videos; Nvidia promotes the Metaverse concept in order to commercialize computing power; Intel suggests that computing power must be increased a thousand times to create the Metaverse… Yet all of these utilitarian-oriented explanations have deviated from the very essence of the Metaverse. Existing products launched as the Metaverse can only paint tantalizing glimpses of the full potential of the Metaverse.

This article will help increase your understanding of the Metaverse, and at the same time provide an explanation of the role of SINSO, as a Web3.0 infrastructure, in building the Metaverse.

First of all, the Metaverse is primarily aimed at “individuals”, which makes it essential to maintain justice and protect individual information with infrastructures. What isolates an individual from the crowd and makes him feel powerless or follow rumors like sheep is the lack of a balanced and fair gaming environment for ordinary people. Throughout the evolution of human society, group cooperation has often taken place in such “non-cooperative games”. In fact, when multiple parties enter the “prisoner’s dilemma”, the final situation is undoubtedly a losing situation. Whether it’s corporate collaborations or games between political groups, these dilemmas abound. The ultimate goal of the Metaverse is to break down ambiguity and injustice, to protect individual rights to the fullest extent, and to effectively coordinate the relationship between individuals and society as a whole.

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Imagine if the interests and goals of each “individual” could be programmed into a partnership, the cooperative model would move from a “rat race” to an open collaboration. Technically, it’s a transition from “reciprocity” to “indirect reciprocity,” the latter meaning “when I help others, I don’t get a reward right away, but my kindness will pay off in the end.” It should be noted that the payback is not just money. In the Metaverse, it is flexible to define a value system, with money being only one part. Such a paradigm shift in cooperation will lead human development to a higher level. In the next 10 years, we could see a company (alternatively, a human co-operative) whose economic aggregate might reach 100 times the market value of Amazon.

Looking at the current social structure with reference to the ideal society, you will find that our information storage methods and personal rights system are morally flawed, so we need to build new soil. This soil is one of the infrastructures of the Metaverse – Web3.0 infrastructure architecture built on distributed storage. Basically, distributed storage is to keep individual information protected and asserted from the infrastructure. While immersive technologies and artificial intelligence are rapidly evolving, there is still an apparent “non-cooperative game” in ownership of the data generated, which fundamentally restricts the development of the Metaverse. Above all, the Metaverse is not a product created by a specific company; Instead, it refers to an environment contributed by individuals, which has a “bottom-up” structure. If individual information storage does not have a high-quality model, there will be no perfect interaction cooperation between individuals and organizations, and it will not be possible to define goals and cooperative relationships through programming. To make human collaboration go beyond limitations, we need to redefine the basic information storage paradigm.

At the current stage, the most feasible Metaverse infrastructure is Web3.0, which is “readable, writable, and ownable” and has seen milestones. While IPFS-based Filecoin has become the largest storage network in the world, its roadmap reveals its vision for the future in distributed computing. As a cache network that quickly connects DAPPs to distributed storage, the SINSO Getway launched by SINSO provides a convenient “read-write-able-own” technology architecture with API. Web3.0 infrastructures can ensure ownership of data by individuals so that the collaborative relationship between individuals and organizations can be further defined. SINSO DataLand, as a personal data browser, has a user interface and functional design that intuitively reflects the interpretation of user needs. In the future, SINSO DataLand will be the Metaverse asset manager for both individuals and organizations.

After completing the personal data confirmation, the next step is to select the new cooperation model. AmStar Chain launched by SINSO is the operating environment for smart contracts. First of all, it provides the soil for applications built on top of the SINSO environment as well as a general EVM environment that can flexibly deploy various Metaverse applications. It can be understood as a data-oriented programmable virtual machine environment. SINSO DAC is a production tool coming out next year to identify “individual partnerships and organizations.” Through its structure, organizations can define their goals and set incentive distribution mechanisms. For the “indirect reciprocal” cooperation model, SINSO DAC ensures that everyone can receive benefits. In this way, SINSO enables the market to play its role.

In short, Metaverse is not only about using dazzling virtual reality technologies, but also about maximizing “individual values”.

To understand SINSO’s role in building the Metaverse infrastructure, let’s take a quick look at the components of SINSO.

The above is a brief introduction of how SINSO can help build the Metaverse. With continuous iteration and perfection, SINSO components will be launched one after another; According to the roadmap, SINSO DAC will be launched in 2023.

It can be concluded that the Metaverse is an environment that integrates many interdisciplinary sciences, and Web3.0 is only an investigation in the technical field and does not completely constitute the entire infrastructure of the Metaverse. SINSO plays an important role in relaying the core rules in the Metaverse environment. Behind migration is a quantum leap in productive relations and human cooperation.

In 2023, Metaverse will further promote its concepts in various industries, especially ushering in high potential in the medical world. Virtual healthcare scenarios will connect doctors and patients faster and more directly. The fundamental issues in building Metaverse medical infrastructures lie in the seamless integration of medical infrastructures, how to offset start-up costs and ensure data security/privacy. SINSO, as a Web3.0 infrastructure extended from its predecessor – Medical Infrastructure, will undertake the practical implementation of Web3.0 infrastructures and lead the incubation of global medical projects to realize medical treatment in Metaverse while providing Web3.0 standard infrastructure components for Medical Metaverse.

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Source: SINSO