g-f(2)921 THE NEW WORLD (2/10/2022), PwC, Demystifying the metaverse

ULTRA-condensed knowledge

"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, Metaverse (2/10/2022)  g-f(2)426 

Opportunity, PwC  

EXCEPTIONAL “Full Pack Golden Knowledge Container”

6 ways to start preparing for the metaverse era

Golden knowledge (GK) Juice

• Since no true metaverse exists yet, but many of its concepts are already business-relevant, many companies would benefit from taking six measured actions. The first three focus on opportunities and use cases available today. The next three will help build the capabilities that will help support metaverse success tomorrow.
• Near-term actions
• 1. Get up to speed. Most companies — even many technology companies — lack institutional familiarity with the metaverse’s concepts, which are evolving quickly.
• 2. Develop a strategy. Identify gaps to close and long-term opportunities to build from the metaverse and its key concepts, then work on foundational measures.
• 3. Test the waters. Select a few opportunities available within the metaverse’s underlying trends today.
• Long-term foundations
• 4. Focus on trust. The metaverse and its currently existing components offer new challenges for cybersecurity, privacy rights, regulatory compliance, brand reputation and anti-fraud efforts.
• 5. Rethink core competencies. What offers competitive advantage in a shared, decentralized digital environment may be different from what you have today. 
• 6. Align physical and digital. If you have added or plan on adding digital services and/or assets to your portfolio, drive for a consistent brand experience across both the physical and digital constructs. 

Genioux knowledge fact condensed as an image

References

Demystifying the metaverse, February 2022, PricewaterhouseCoopers, PwC.

ABOUT THE AUTHORS

PricewaterhouseCoopers (PwC)

Extracted from Wikipedia

PricewaterhouseCoopers is a multinational professional services network of firms, operating as partnerships under the PwC brand. PwC ranks as the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY and KPMG.

PwC firms operate in 157 countries, 742 locations, with 284,000 people. As of 2019, 26% of the workforce was based in the Americas, 26% in Asia, 32% in Western Europe and 5% in Middle East and Africa. The company's global revenues were $42.4 billion in FY 2019, of which $17.4 billion was generated by its Assurance practice, $10.7 billion by its Tax and Legal practice and $14.4 billion by its Advisory practice.

The firm in its present form was created in 1998 by a merger between two accounting firms: Coopers & Lybrand, and Price Waterhouse. Both firms had histories dating back to the 19th century. The trading name was shortened to PwC (stylized pwc) in September 2010 as part of a rebranding effort.

PricewaterhouseCoopers International Limited, based in London, England, is a co-ordinating entity for the global network of firms. It manages the global brand, and develops policies and initiatives, to create a common and coordinated approach in areas such as risk, quality, and strategy. It does not provide services to clients.

As of 2021, PwC is the fourth-largest privately owned company in the United States.

Extra-condensed knowledge

Lessons learned, PwC  

The metaverse is an evolution, not a revolution — with opportunities today

Golden knowledge (GK) Juice

• The metaverse was first described and named almost 30 years ago — but we’re still in the early days. That’s true even though some digital platforms are calling themselves metaverses. Computing power, headsets, software protocols and networking capacity just aren’t ready yet to support a truly immersive and shared metaverse.
• Yet this future is coming, as the culmination of a long-running trend: for innovative new technologies to blend into a greater whole. 
• Still largely missing is the metaverse’s promised interoperability: a digital world where you and your customers can transition seamlessly among multiple experiences offered by various providers. This connectivity will require a new architecture for the internet, often called web 3.0. The idea is that first came static web pages (web 1.0). Then came our current internet (web 2.0) with dynamic content, but only within platforms that companies own and govern. Web 3.0, which internet innovators and investors are currently working on, is supposed to be a decentralized structure with countless interoperable platforms.
• Whether or not this vision ever arrives, enough components of the metaverse already exist to offer opportunities, along with risks, today.

Condensed knowledge

• CONTEXT: The Golden Knowledge Path ("GKPath") digital highway
• Opportunity, Discovering and exploiting the treasure of the digital age
  • "genioux facts", the online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, builds The Golden Knowledge Path (GKPath) digital highway to discovering and exploiting the treasure of the digital age, accelerating everyone's success in the digital age. g-f(2)254, g-f(2)260, g-f(2)261, g-f(2)251, g-f(2)312, g-f(2)256, g-f(2)257, g-f(2)272, g-f(2)271, g-f(2)270, g-f(2)268, g-f(2)269, g-f(2)289, g-f(2)283, g-f(2)287, g-f(2)313, g-f(2)293, g-f(2)294, g-f(2)296, g-f(2)298  
  • The inverted mini pyramid of knowledge, g-f(256), is essential to travel on the "GKPath" highway.
  • g-f(2)256 The Big Picture of the Digital Age (5/2/2021), geniouxfacts, The fundamental knowledge mini-pyramid for traveling on the "GKPath" highway.
• Key "genioux facts" to travel on the "GKPath" highway.
• g-f(2)261 The Big Picture of the Digital Age (5/5/2021), geniouxfacts, You are unique. Grow without limits in the digital age.
• g-f(2)257 The Big Picture of the Digital Age (5/3/2021), geniouxfacts, At any moment you take the fastest path (GKPath) to your greatness.
• g-f(2)254 The Big Picture of the Digital Age (5/1/2021), geniouxfacts, The Golden Knowledge Path (GKPath) to accelerate everyone's success.
• g-f(2)260 The Big Picture of the Digital Age (5/4/2021), geniouxfacts, Alerts, Warnings and Relevant Lessons Learned Traveling at High Speed ​​on GKPath.

Lessons learned, PwC  

What makes a metaverse: key concepts to master

Golden knowledge (GK) Juice

• One way to think of the metaverse is as a set of opportunities from which your company can select a few to focus on. Based on our years of work with the technology trends that are now converging to form the metaverse, we’ve identified six concepts that we believe will be its foundation. Most are not yet fully mature and the full value of true convergence is still unrealized by most organizations. 
1. Economy
• Cryptocurrencies, non-fungible tokens (NFTs) and other blockchain-based digital currencies, assets and exchanges will likely underpin value exchange across the metaverse.
2. Interoperability
• A true metaverse requires seamless interoperability among users and platforms, based on web 3.0 and still-to-be-determined standards. 
3. Governance
• The metaverse will need rules of engagement for users, rules for how the metaverse itself can change over time and enforcement mechanisms, including for tax collection, data governance and regulatory compliance.
4. Identity
• In the internet today, identity is often linked to platforms. It may be true, pseudonymous or anonymous. The metaverse, decentralized and interconnected, will need trusted digital identities — for people, assets and organizations — that port across platforms.
5. Experience
• A shared, persistent and immersive 3D digital world will offer unique experiences, based on its own aesthetics — beliefs, ideals and tastes as expressed in individual choices. 
6. Persistence
• A true metaverse should reflect in real time the changes made in it by different participants, entering and leaving it in different ways, in different places, at different times. 

Some relevant characteristics of this "genioux fact"

• Category 2: The Big Picture of the Digital Age
• [genioux fact deduced or extracted from PwC]
• This is a “genioux fact fast solution.”
• Tag Opportunities those travelling at high speed on GKPath
• Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
• Type of validity of the "genioux fact". 

• Inherited from sources + Supported by the knowledge of one or more experts.

• Authors of the genioux fact
• Fernando Machuca

References

“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)921, Fernando Machuca, February 10, 2022, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.

ABOUT THE AUTHORS

Fernando Machuca

CEO ‎Genioux.com Corporation

PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.

Key “genioux facts”

• Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age.
  Opportunities those travelling at high speed on GKPath
  • Opportunities updates (2/10/2022) for those traveling at high speed on GKPath!
  • Tag Alerts those traveling at high speed on GKPath

  1. g-f(2)920 THE NEW WORLD (2/10/2022), WSJ, Forget the Office—Salesforce Is Making a Wellness Retreat for Workers
  2. g-f(2)919 THE NEW WORLD NEWS (2/10/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
  3. g-f(2)918 THE BIG PICTURE OF THE DIGITAL AGE (2/10/2022), Media, Nathan Chen brilliantly won the Olympic gold his talent deserved
  4. g-f(2)917 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, The list of “genioux facts" of the day
  5. g-f(2)916 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, Free bet, do you know how to value golden knowledge (GK)?
  6. g-f(2)915 THE NEW WORLD (2/9/2022), Forbes, Why Do Startups Fail And Can We Create An AI Formula To Prevent Failure? An Interview With Harvard Business School Professor Tom Eisenmann
  7. g-f(2)914 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
  8. g-f(2)913 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
  9. g-f(2)912 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
  10. g-f(2)911 THE NEW WORLD NEWS (2/8/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
  11. g-f(2)910 THE NEW WORLD (2/8/2022), Accenture, Fjord Trends 2022: The new fabric of life
  12. g-f(2)909 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, The list of “genioux facts" of the day
  13. g-f(2)908 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
  14. g-f(2)907 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
  15. g-f(2)906 THE NEW WORLD (2/7/2022), Forbes, 6 Most Compelling Qualities Of Digitally Transformed Enterprises
  16. g-f(2)905 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
  17. g-f(2)904 Lighthouse of the big picture of the digital age (2/7/2022), Visionary and Foundational Facts from the Playbook for Successful Personal Digital Transformation (PDT)
  18. g-f(2)903 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the month
  19. g-f(2)902 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the week
  20. g-f(2)901 THE NEW WORLD NEWS (2/5/2022), geniouxfacts, The list of “genioux facts" of the day
  21. g-f(2)900 THE NEW WORLD (2/5/2022), Fortune, How Microsoft’s Satya Nadella rejected a ‘know-it-all’ mentality and became the world’s most admired CEO
  22. g-f(2)899 THE NEW WORLD (2/5/2022), Fortune, World’s Most Admired Companies
  23. g-f(2)898 THE NEW WORLD (2/5/2022), Financial Times, Satya Nadella: ‘Being great at game building gives us permission to build the next internet’
  24. g-f(2)897 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, The list of “genioux facts" of the day
  25. g-f(2)896 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
  26. g-f(2)895 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
  27. g-f(2)894 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
  28. g-f(2)893 THE NEW WORLD (2/4/2022), Media, Amazon Profit Shows Resilience Even as Labor, Supply Crunch Weigh on Results
  29. g-f(2)892 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, The list of “genioux facts" of the day
  30. g-f(2)891 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
  31. g-f(2)890 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
  32. g-f(2)889 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
  33. g-f(2)888 Lighthouse of the big picture of the digital age (2/3/2022), The big winners of the New World are insatiably hungry for golden knowledge (GK)
  34. g-f(2)887 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, The list of “genioux facts" of the day
  35. g-f(2)886 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
  36. g-f(2)885 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
  37. g-f(2)884 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
  38. g-f(2)883 THE BIG PICTURE OF THE DIGITAL AGE (2/2/2022), Media, Google Parent Caps Blockbuster Year With Sales Gains
  39. g-f(2)882 Lighthouse of the big picture of the digital age (2/2/2022), How to learn fast when you have the “g-f Superpower”
  40. g-f(2)881 THE NEW WORLD NEWS (2/1/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
  41. g-f(2)880 THE NEW WORLD (2/1/2022), MIT SMR, Leading Disruption in a Legacy Business
  42. g-f(2)879 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, The list of “genioux facts" of the day
  43. g-f(2)878 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
  44. g-f(2)877 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
  45. g-f(2)876 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
  46. g-f(2)875 THE NEW WORLD NEWS (1/31/2022), TechCrunch, Google to invest up to $1 billion in Indian telecom operator Airtel
  47. g-f(2)874 THE NEW WORLD (1/31/2022), Forbes, Microsoft CEO Nadella’s Brilliant Depiction Of The Digital Age
  48. g-f(2)873 Lighthouse of the big picture of the digital age (1/30/2022), Essential FACT 6: GKPath is the digital highway with no speed limit to grow
  49. g-f(2)872 THE NEW WORLD NEWS (1/30/2022), geniouxfacts, The 10 most read "genioux facts" of the month
  50. g-f(2)871 THE NEW WORLD NEWS (1/30/2022), geniouxfacts, The 10 most read "genioux facts" of the week
  51. g-f(2)870 The New World (1/29/2022), geniouxfacts, The "g-f superpower" is within everyone's reach
  52. g-f(2)869 "g-f" fishing (1/29/2022), geniouxfacts, 10 Golden Knowledge (GK) Juices on Metaverse
  53. g-f(2)868 "g-f" fishing (1/28/2022), geniouxfacts, 10 Golden Knowledge (GK) Juices on Digital Transformation (DT)
  54. g-f(2)867 "g-f" fishing (1/28/2022), geniouxfacts, 10 GK juices on Artificial Intelligence (AI)
  55. g-f(2)866 THE NEW WORLD (1/28/2022), Harvard Business Review, Celebrate to Win
  56. g-f(2)865 The New World (1/28/2022), Insead Knowledge, Carpe Diem: Don’t Postpone Your Dreams
  57. g-f(2)864 "g-f" fishing (1/27/2022), geniouxfacts, 10 GK juices on Metaverse
  58. g-f(2)863 "g-f" fishing (1/27/2022), geniouxfacts, 10 GK juices on Digital Transformation (DT)
  59. g-f(2)862 "g-f" fishing (1/27/2022), geniouxfacts, 10 GK juices on Artificial Intelligence (AI)
  60. g-f(2)861 THE NEW WORLD NEWS (1/26/2022), Quanta magazine, Researchers Build AI That Builds AI
  61. g-f(2)860 THE NEW WORLD NEWS (1/26/2022), MIT Initiative on the Digital Economy, Get Ready for Quantum Computing
  62. g-f(2)859 THE NEW WORLD (1/26/2022), MIT SMR + BCG, Transforming a Technology Organization for the Future: Starbucks’s Gerri Martin-Flickinger
  63. g-f(2)858 THE BIG PICTURE OF THE DIGITAL AGE (1/26/2022), Media, Microsoft beats on earnings and revenue, delivers upbeat forecast for fiscal third quarter

• A list of relevant "genioux facts" that describe a "Classical CONTEXT" of the Digital Age
1. g-f(2)45 "The Big Picture of the Digital Age": Knowledge opens the way to staggering opportunities, risks and challenges
2. g-f(2)50 The Big Picture of the Digital Age: Mines of Golden Knowledge Growing Every Day
3. g-f(2)74 THE BIG PICTURE OF THE DIGITAL AGE: Rapid change, incertitude and disruption, in a hypercompetitive environment
4. g-f(1)28 The pyramid of knowledge of a “genioux fact”: From GOLD FRUITS to GOLD JUICES
5. g-f(2)51 The Big Picture of the Digital Age: The Value of Golden Knowledge is Relative
6. g-f(2)99 THE BIG PICTURE OF THE DIGITAL AGE, The “genioux facts”: Essential knowledge to unleash your limitless growth.
7. g-f(2)75 THE BIG PICTURE OF THE DIGITAL AGE: “Infinite Learners” to keep pace with change, incertitude and disruption, in a hypercompetitive environment
8. g-f(2)151 The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation.
9. g-f(2)153 The Big Picture of Business Artificial Intelligence (3/3/2021) in a Single “g-f KBP” Chart
10. g-f(2)174 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2021), geniouxfacts, Executive guide of golden knowledge to fire up your unlimited growth.
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