What is Metaverse Technology

Given the fact that the concept has been around for nearly three decades, the metaverse has instantly become a major trending topic.
"Metaverse" is a combination of the words "meta-" and "verse." The prefix "meta" is of Greek origin and means "beyond," while "verse" is derived from the word "universe."
The metaverse is a simulated digital environment that merges augmented reality (AR), virtual reality (VR), blockchain, and social networking sites concepts to create spaces for rich user interaction that mimic the real world.
The metaverse is a virtual world with virtual land and objects that exists online in 3D. Imagine a world where you can work remotely, go to virtual museums to see the latest artworks, or attend a virtual concert with your friends, all from the solace of home.
Some Important cutting edge technologies that potential the metaverse are:

Blockchain
Augmented Reality
Virtual Reality
Artificial Intelligence
Internet Of things (IoT)
3D

Difference between Augmented Reality and Virtual Reality**
The real world is morphed using digital visual elements and characters. It's more user-friendly than virtual reality and can be used on almost any smartphone or digital device with a camera. Users can view their surroundings with interactive digital visuals through AR applications, similar to what we see in the mobile game Pokémon GO. Players can see Pokémons in the real world when they open the camera on their phones.
VR works in a unique way. It creates an entirely computer-generated virtual environment, similar to the metaverse concept. Users can then use VR headsets, gloves, and sensors to explore it.
The way AR and VR work demonstrates an early metaverse model. Virtual reality is already creating a digital world with fictional visual content. As VR technology advances, it will be possible to extend the metaverse experience to include physical simulations using VR equipment. Users will be able to interact with people from all over the world by feeling, hearing, and seeing them. We can predict more metaverse companies to invest in AR and VR equipment development in the nearish term, lot of hype surrounding the metaverse.
The development of the metaverse is still in its early stages. Identity verification and privacy control are two issues that need to be resolved. It's not always difficult to recognize someone in the real world. But even so, it will be difficult to tell or prove who the other person is as people explore the digital world in their personification.
While the metaverse is still in its early stages of development, many enterprises are already looking into its possibilities. Decentraland and The Sandbox are remarkable projects in the crypto space, but big businesses such as Microsoft, Nvidia, and Facebook are also actively participating. We can expect interesting new features in these virtual, nationless realms as AR, VR, and AI technologies advance.