A Systematic Review in the World of the Metaverse

Metaverse uses “virtual reality” in e-commerce to create immersive virtual spaces. The philosophy behind it is to make people addicted to virtual 3d reality, and with the options of “teleportation, changing environment, and using cryptocurrency to shop,” this will be the ultimate future of technolog...

Full description

Bibliographic Details
Main Authors: Salman Hassan, Sohaib Uz Zaman, Syed Hasnain Alam
Format: Article
Language:English
Published: Karachi Institute of Economics and Technology 2023-06-01
Series:Market Forces
Subjects:
Online Access:https://kiet.edu.pk/marketforces/index.php/marketforces/article/view/622
_version_ 1797392405992833024
author Salman Hassan
Sohaib Uz Zaman
Syed Hasnain Alam
author_facet Salman Hassan
Sohaib Uz Zaman
Syed Hasnain Alam
author_sort Salman Hassan
collection DOAJ
description Metaverse uses “virtual reality” in e-commerce to create immersive virtual spaces. The philosophy behind it is to make people addicted to virtual 3d reality, and with the options of “teleportation, changing environment, and using cryptocurrency to shop,” this will be the ultimate future of technology. Apart from the benefits of the metaverse, it has many challenges, including “cyber security.” This study has synthesized past literature into nine themes based on a systematic review. All nine themes deal with the potential challenges and opportunities for users, including buyers and sellers. People can live an ideal life in the metaverse, leading to the denial mode of not accepting the real world and prefer living in the metaverse. For example, bald individuals can get a head full of hair in the metaverse. Someone with a disability can walk and fly in the metaverse. All these lucrative features will make virtual life more like heaven and real life like hell.
first_indexed 2024-03-08T23:47:47Z
format Article
id doaj.art-8f6e171e35e14cbe97da7c96869acf9d
institution Directory Open Access Journal
issn 1816-8434
2309-866X
language English
last_indexed 2024-03-08T23:47:47Z
publishDate 2023-06-01
publisher Karachi Institute of Economics and Technology
record_format Article
series Market Forces
spelling doaj.art-8f6e171e35e14cbe97da7c96869acf9d2023-12-13T15:47:06ZengKarachi Institute of Economics and TechnologyMarket Forces1816-84342309-866X2023-06-01181135150A Systematic Review in the World of the MetaverseSalman Hassan0Sohaib Uz Zaman1Syed Hasnain Alam 2University of Karachi, Karachi University Business SchooUniversity of Karachi, Karachi University Business SchoolUniversity of Karachi, Karachi University Business SchooMetaverse uses “virtual reality” in e-commerce to create immersive virtual spaces. The philosophy behind it is to make people addicted to virtual 3d reality, and with the options of “teleportation, changing environment, and using cryptocurrency to shop,” this will be the ultimate future of technology. Apart from the benefits of the metaverse, it has many challenges, including “cyber security.” This study has synthesized past literature into nine themes based on a systematic review. All nine themes deal with the potential challenges and opportunities for users, including buyers and sellers. People can live an ideal life in the metaverse, leading to the denial mode of not accepting the real world and prefer living in the metaverse. For example, bald individuals can get a head full of hair in the metaverse. Someone with a disability can walk and fly in the metaverse. All these lucrative features will make virtual life more like heaven and real life like hell.https://kiet.edu.pk/marketforces/index.php/marketforces/article/view/622virtual commerce; immersive technology; metaversecyber securityaddiction
spellingShingle Salman Hassan
Sohaib Uz Zaman
Syed Hasnain Alam
A Systematic Review in the World of the Metaverse
Market Forces
virtual commerce; immersive technology; metaverse
cyber security
addiction
title A Systematic Review in the World of the Metaverse
title_full A Systematic Review in the World of the Metaverse
title_fullStr A Systematic Review in the World of the Metaverse
title_full_unstemmed A Systematic Review in the World of the Metaverse
title_short A Systematic Review in the World of the Metaverse
title_sort systematic review in the world of the metaverse
topic virtual commerce; immersive technology; metaverse
cyber security
addiction
url https://kiet.edu.pk/marketforces/index.php/marketforces/article/view/622
work_keys_str_mv AT salmanhassan asystematicreviewintheworldofthemetaverse
AT sohaibuzzaman asystematicreviewintheworldofthemetaverse
AT syedhasnainalam asystematicreviewintheworldofthemetaverse
AT salmanhassan systematicreviewintheworldofthemetaverse
AT sohaibuzzaman systematicreviewintheworldofthemetaverse
AT syedhasnainalam systematicreviewintheworldofthemetaverse