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 via historical past. Mayaaverse permits guests to discover historic Indian cities (equivalent to Hastinapur) to present-day temples, trendy stores, in addition to photorealistic digital venues for dwell artist performances. Mai Labs plans to onboard content material creators, manufacturers, artists, and a brand new technology of tech-savvy shoppers and audiences onto its immersive Web3 ecosystem.
Gadgets360 interviewed Mai Labs Chief Business Officer Ashish Minocha and Chief Technology Officer Khoushik Ananth to be taught extra in regards to the evolution of its metaverse ecosystem and the way these platforms can strike a steadiness between making certain person privateness whereas stopping malicious exercise and safeguarding customers.
Gadgets360: How is Mayaaverse completely 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 growing Horizon OS, however its lacked preliminary content material, whereas Mayaaverse prioritises content material alongside its technological choices. As it was developed in India, Mayaaverse caters to regional and cultural nuances extra successfully, whereas MayaaSDK and the Lumyn XR headset are aimed toward creators and builders.
Meanwhile, MayaaVerse is device-agnostic, selling an open and democratised digital setting and it focuses on making extremely lifelike digital environments accessible via fundamental {hardware} in order that it’s out there to a broader viewers.
Gadgets360: How do platforms like Mayaaverse strike a steadiness between defending person privateness and stopping misuse?
Koushik Ananth: We anonymise information to guard particular person privateness, making certain private info is not uncovered, and use sturdy encryption for information in transit and at relaxation. User information is saved in a devoted and extremely secured database separate from different operational information, minimising the danger of unauthorised entry. Users may also view, edit, or delete their info and alter privateness settings.
On the opposite hand, we’ve designed Mayaaverse in such a manner that each entry is traceable to an actual human identification, by way of KYC. Regular safety audits, moral information practices, and compliance checks assist us adhere to international information safety rules whereas delivering a personalised metaverse expertise.
Gadgets360: How do photorealistic environments improve metaverse experiences?
Koushik Ananth: Creating photo-realistic environments for the metaverse entails 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. Photo-realistic environments within the metaverse create a way of presence and realism.
Additionally, physics simulation performs a vital function. It ensures that interactions with objects and actions inside the setting behave realistically, enhancing immersion. For instance, physics simulation permits objects to answer gravity, collisions, and different bodily forces identical to they might in the true world. This realism provides depth to digital experiences, making them extra partaking and plausible.
Gadgets360: Does the Zero blockchain provide options not out there on rival platforms?
Koushik Ananth: Zero Layer Blockchain is a foundational blockchain protocol which doesn’t add layers on high of present buildings like conventional blockchains. Instead, it optimises the very base of the community. For India’s blockchain ecosystem, it brings elevated transaction velocity, lowered delays, and stronger safety measures.
It additionally has an interoperability aspect that enables completely different blockchain networks to work collectively. We have additionally outfitted the Zero blockchain with safety and compliance options required by Indian rules.
Gadgets360: How can Web3 platforms ship a ‘secure and reliable’ ecosystem?
Koushik Ananth: Ensuring the security and trustworthiness of Web3 know-how requires a multifaceted method encompassing technical, governance, and regulatory concerns. This consists of using encryption algorithms, adopting safe coding practices, and implementing strong authentication mechanisms to mitigate the danger of unauthorised entry and information breaches.
KYC procedures, in the meantime, contribute considerably to constructing belief and credibility inside the Web3 ecosystem. Platforms should additionally prioritise person verification show a dedication to safety and regulatory compliance. Comprehensive sensible contract audits may also determine and rectify vulnerabilities that might compromise the integrity of decentralised functions.
Gadgets360: How has Mai Labs has been acquired in India, in gentle of the sceptical method in the direction of the Web3 sector
Ashish Minocha: Overall, 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 completely permissionless.
We imagine such a world is impractical. Instead, we champion Web H (Hybrid), or Web 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.
