Chapter 14The Metaverse Technology in Revolutionizing the Insurance Industry
Krishna Saraf, Swagatika Mohapatro and Yamasani Keerthi Reddy
Woxsen University
Hyderabad, Telangana, India
Neelam Kumari
Dublin Business School
Dublin, Ireland
DOI: 10.4324/b23404-14
14.1 Introduction
The metaverse refers to a theoretical version of the internet that merges virtual reality (VR) and augmented reality (AR) with the physical world, creating an entirely immersive and interactive digital environment. It is described as an embodied virtual space where users can engage with a computer-generated environment and other users in a way similar to the physical world[1]. This concept was first introduced in Neal Stephenson's novel Snow Crash in 1992 and has since ...
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