Industrial Metaverse: the autonomous business ecosystem paving the way toward Industry 5.0

We have not yet fully understood the Metaverse in its actual functions — aside from virtual reality — and some global players are declining the concept from the corporate perspective, raising more questions. But apart from the sparkling marketing activities of multinational corporations, let’s independently see what Industrial Metaverse means and what it could represent for our organizations.

I have already addressed the topic of the metaverse in a previous article beyond the user interface — the tool with which we will interact in the metaverse — to focus on the engine that will manage digital identities, ownership titles, and transactions. In my vision as a software designer, I always distinguish what is visible from what is not but makes the system work: in this case, blockchain and Decentralized Autonomous Organizations (DAOs).

And even in the metaverse, declined for the business world, I will do the same thing: I will independently analyze the facts and then try to predict an approach that is functional, operational, and in line with a company’s objectives. Only in this way will organizations be able to exploit the potential of this new tool to stay on trend without losing competitiveness.

The differences with the ‘general’ metaverse

Before we get into the details, let’s look at how the metaverse changes when we approach the consumer model or interact as industries and private…