Metaverse, NFTs, Virtual Reality and the Aviation Industry
- 17-Mar, 2022
- Category :Aviation Industry
The buzzword ‘Metaverse’, has risen to popularity in the recent days, since Facebook rebranded itself to ‘Meta’. While the word ‘Metaverse’ and its usage dates back to 1992, the technologies revolving around it are new-age. The rise of the digital ecosystem has boosted the possibilities and usecases it might have, through previously unexplored routes. What seemed like a science-fiction concept, a pipe-dream just 2 decades ago, is now right in front of us. Augmented Reality (AR), Virtual Reality (VR), and Digitization has made it possible to do things differently, across all the industries. And the Aviation Industry is no exception to this fact, as organizations within and beyond the sector are jumping the bandwagon. RayMach Technologies has put together a list of interesting things happening within the aviation industry around this ‘hot-topic’.
Metaverse and what it means for flyers
The concept of Metaverse has been around for quite some time now. Metaverse refers to a digital world that can be accessed by users remotely. It stands as virtual-reality (VR) space, designed as a computer-generated environment for people. Although the main purpose of Metaverse is multi-faceted, its essence lies in its ability to connect people. End users can interact with the digitally-rendered world, and interact with each other. Their actions can directly influence the experience for others, as it adds a whole new dimension to the social media. Following are two of the remarkable applications of Metaverse for the aviation industry:
Airline Loyalty Programs like never before
Airline Loyalty programs like the Frequent Flyers program offer customers with a unique experience in itself. This can be complemented with the Metaverse, through access to exclusive benefits, discounts and VR/AR usecases. Experts believe that Metaverse will change transportation as we know it, and many leisure travellers will become the prime customers for ALPs, along with business travellers. As the primary demographic of air travel shifts to younger generations, NFTs would serve to be more useful in the following ways:
Virtual Reality Airline Design Collaboration with Boeing
Building an aircraft from start to finish is a tedious task, and organizations struggle on multiple fronts. Boeing, the aeroplane manufacturing company, recently announced that their upcoming aircraft will feature a project like never before. Although a bit ambitious, they plan on building their next aircraft in the ‘Metaverse’. The digital design of the plane will be recreated to match its real version, across the industrial manufacturing stages. Recovering from the issues they faced with the 787 Dreamliner jet’s manufacture difficulties, and the 737 MAX’s groundings. This will be done to avert quality-centric issues, design faults, along with manufacturing and production defects.
Boeing will be creating a ‘digital twin’ of their aircraft, to part ways with the conventional paper-based designing process. This will ensure easier and efficient simulations, along with better accuracy across designs. Its ‘digital threads’ would hold every bit of information, from initial pre-assessments, design stages, spares, certifications, and respective set of requirements. From drafting precise designs, to building sections of the airplane that require millions of spares, a digitally collaborative environment like Metaverse will make a huge difference. This would be done by recreating a digital version of the design of the upcoming aircraft. Essentially, the speed of development and production is increased, as it did with the T-7A Red Hawk jet’s production. Thanks to the digital design tools, and next-gen technologies, Boeing could manufacture T-7As within 36 months.
Many more use-cases and applications are being conceptualized, as the world dreams of a better tomorrow with the Metaverse. Aviation experts will make sure that their systems can be improved with these technologies, both on-the-ground, and off-the-ground. RayMach Technologies realizes the vast potential held by these modern marvels. Team RayMach will continue contributing to the sector, offering our Information Technology expertise for aviation companies that wish to board these trends, towards progress. For more information about supercharging your airline business, with the power of next-gen technologies, contact us at RayMach Technologies.