Mai Labs — a Web3 agency headquartered within the Cayman Islands — showcased its Mayaaverse metaverse platform in India earlier this week. The agency demonstrated the platform that digitally traces India’s journey by historical past. Mayaaverse permits guests to discover historic Indian cities (resembling Hastinapur) to present-day temples, trendy shops, in addition to photorealistic digital venues for stay artist performances. Mai Labs plans to onboard content material creators, manufacturers, artists, and a brand new technology of tech-savvy customers and audiences onto its immersive Web3 ecosystem.
Devices360 interviewed Mai Labs Chief Enterprise Officer Ashish Minocha and Chief Know-how Officer Khoushik Ananth to study extra concerning the evolution of its metaverse ecosystem and the way these platforms can strike a stability between guaranteeing consumer privateness whereas stopping malicious exercise and safeguarding customers.
Devices360: How is Mayaaverse totally different from Meta’s foray into the metaverse?
Ashish Minocha: Mayaaverse differs from what Mark Zuckerberg is constructing with Meta in a number of methods. Meta is creating Horizon OS, however its lacked preliminary content material, whereas Mayaaverse prioritises content material alongside its technological choices. Because it was developed in India, Mayaaverse caters to regional and cultural nuances extra successfully, whereas MayaaSDK and the Lumyn XR headset are geared toward creators and builders.
In the meantime, MayaaVerse is device-agnostic, selling an open and democratised digital surroundings and it focuses on making extremely sensible digital environments accessible by fundamental {hardware} in order that it’s obtainable to a broader viewers.
Devices360: How do platforms like Mayaaverse strike a stability between defending consumer privateness and stopping misuse?
Koushik Ananth: We anonymise information to guard particular person privateness, guaranteeing private info is not uncovered, and use robust encryption for information in transit and at relaxation. Person information is saved in a devoted and extremely secured database separate from different operational information, minimising the danger of unauthorised entry. Customers may view, edit, or delete their info and regulate privateness settings.
Alternatively, we’ve designed Mayaaverse in such a approach that each entry is traceable to an actual human identification, through KYC. Common safety audits, moral information practices, and compliance checks assist us adhere to world information safety laws whereas delivering a personalised metaverse expertise.
Devices360: How do photorealistic environments improve metaverse experiences?
Koushik Ananth: Creating photo-realistic environments for the metaverse includes crafting digital areas that carefully resemble real-world settings. This consists of utilizing superior graphics rendering for lifelike textures, correct lighting with dynamic shadows, and immersive spatial audio. Picture-realistic environments within the metaverse create a way of presence and realism.
Moreover, physics simulation performs an important function. It ensures that interactions with objects and actions throughout the surroundings behave realistically, enhancing immersion. For instance, physics simulation allows objects to answer gravity, collisions, and different bodily forces similar to they might in the true world. This realism provides depth to digital experiences, making them extra participating and plausible.
Devices360: Does the Zero blockchain supply options not obtainable on rival platforms?
Koushik Ananth: Zero Layer Blockchain is a foundational blockchain protocol which doesn’t add layers on prime of current constructions like conventional blockchains. As an alternative, it optimises the very base of the community. For India’s blockchain ecosystem, it brings elevated transaction pace, decreased delays, and stronger safety measures.
It additionally has an interoperability ingredient that permits totally different blockchain networks to work collectively. We now have additionally outfitted the Zero blockchain with safety and compliance options required by Indian laws.
Devices360: How can Web3 platforms ship a ‘secure and reliable’ ecosystem?
Koushik Ananth: Making certain the security and trustworthiness of Web3 know-how requires a multifaceted strategy encompassing technical, governance, and regulatory issues. This consists of using encryption algorithms, adopting safe coding practices, and implementing sturdy authentication mechanisms to mitigate the danger of unauthorised entry and information breaches.
KYC procedures, in the meantime, contribute considerably to constructing belief and credibility throughout the Web3 ecosystem. Platforms should additionally prioritise consumer verification show a dedication to safety and regulatory compliance. Complete sensible contract audits may determine and rectify vulnerabilities that might compromise the integrity of decentralised functions.
Devices360: How has Mai Labs has been obtained in India, in mild of the sceptical strategy in direction of the Web3 sector
Ashish Minocha: General, working a Web3 enterprise in India has been a singular expertise for us. As an organization, we do not absolutely subscribe to the idealised imaginative and prescient of Web3 — one with out intermediaries or boundaries, the place the world turns into solely permissionless.
We consider such a world is impractical. As an alternative, we champion Internet H (Hybrid), or Internet 2.5. We function as a permissioned ecosystem, regulated by design, combining the most effective of each Web2 and Web3. Transparency and decentralisation stay our core values.
Some responses have been condensed and barely edited for readability.
