This white paper defines the metaverse as a persistent, shared digital space where physical and virtual realities converge, powered by XR, AI, blockchain, and 5G. It highlights opportunities in education, healthcare, retail, entertainment, and industrial applications, where immersive experiences and digital assets create new economies. Success requires interoperability, secure identity, privacy safeguards, and clear governance. The paper stresses inclusivity, accessibility, and environmental sustainability as critical foundations. While challenges remain in regulation, infrastructure, and standards, the metaverse is positioned as the next evolution of the internet, transforming economies and human interaction.

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