Tech Mahindra is ready to unveil its metaverse project, TechMverse

The project will focus on driving commerce in the metaverse.

From the announcement of Meta by Mark Zuckerberg, there is a lot of movement in the digital world. Everyone is trying to take advantage of the initial opportunity of the metaverse. Introducing Blockchain was a few years before the popularization of the virtual world. Plus, introducing this digital technology focused on the evolution of web 2.0. Web 3.0 aims to develop core concepts of decentralization, openness, and user utility. Tech Mahindra aims to use the market opportunity created by web 3.0. Additionally, the company’s new metaverse project will primarily focus on driving commerce.

Before that, let us have a glance at the company, shall we?

About Tech Mahindra

The company offers various digital products and services that are client-oriented and groundbreaking. And this approach enables them to improve the growth of different parties that collaborated with the company. The company delivers services to global customers that also include Fortune 500 companies.

The company is now planning to work on cutting-edge technologies.

That is:

  • 5G,
  • Blockchain,
  • Quantum Computing,
  • Cybersecurity,
  • Artificial Intelligence

Further, technologies digitally transform the product experience for global customers. The company aims to improve the Human Centric Experience.

Snippets from the company press meet on its next metaverse project:

The TechMverse would enable seamless integration between our known expertise in 5G with our skills in AI, AR/VR, and blockchains.

 – CP Gurnani, MD & CEO, Tech Mahindra

Tech Mahindra geared up to enable limitless opportunities in the virtual world by building scalable services through foundational capabilities and device engineering expertise.

  – Manish Vyas, President, Communications, Media & Entertainment and CEO, Network Services

TechMverse the next metaverse project

After Infosys, Tech Mahindra is ready to venture into the digital and virtual world. The project would focus on empowering customers to develop immersive experiences. Plus, manage commercial transactions in the virtual world. The company will build the project on its 5G infrastructure capabilities. It will achieve this by collaborating with hyper-scalers and startups.

In the early phase, the company will work on various use cases like:

  • Dealer Verse – Car dealership,
  • Middlemist – NFT marketplace,
  • MetaBank – a virtual bank and gaming center.

The company will offer captivating digital and professional experience services that focus on:

  • Design,
  • Content,
  • Non-Fungible Tokens (NFT)
  • Blockchain platforms.

For NFT, Tech Mahindra will collaborate with its parent company to release a series of digital collectibles. Which will be available for purchase on the Tech Mahindra NFT Marketplace platform.

Tech Mahindra is using their four labs for their project. That is Hyderabad, Pune, London, and Dallas. Currently, 100 employees are working on the project.

What is next? The company has plans to hire and train up to 1000 engineers within the first year.

And that is all folks,

Are you looking forward to it?

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