The Metaverse allows the integration of physical and digital versions of users, processes, and environments where entities communicate, transact, and socialize. With the shift towards Extended Reality (XR) technologies, the Metaverse is envisioned to support a wide range of applicative verticals. It will support a seamless mix of physical and virtual worlds (realities) and, thus, will be a game changer for the Future Internet, built on the Semantic Web framework. The Metaverse will be ably assisted by the convergence of emerging wireless communication networks (such as Fifth-Generation and Beyond networks) or Sixth-Generation (6G) networks, Blockchain (BC), Web 3.0, Artificial Intelligence (AI), and Non-Fungible Tokens (NFTs). It has the potential for convergence in diverse industrial applications such as digital twins, telehealth care, connected vehicles, virtual education, social networks, and financial applications. Recent studies on the Metaverse have focused on explaining its key components, but a systematic study of the Metaverse in terms of industrial applications has not yet been performed. Owing to this gap, this survey presents the salient features and assistive Metaverse technologies. We discuss a high-level and generic Metaverse framework for modern industrial cyberspace and discuss the potential challenges and future directions of the Metaverse’s realization. A case study on Metaverse-assisted Real Estate Management (REM) is presented, where the Metaverse governs a Buyer–Broker–Seller (BBS) architecture for land registrations. We discuss the performance evaluation of the current land registration ecosystem in terms of cost evaluation, trust probability, and mining cost on the BC network. The obtained results show the viability of the Metaverse in REM setups.
With the rapid growth in the data and processing over the cloud, it has become easier to access those data. On the other hand, it poses many technical and security challenges to the users of those provisions. Fog computing makes these technical issues manageable to some extent. Fog computing is one of the promising solutions for handling the big data produced by the IoT, which are often security-critical and time-sensitive. Massive IoT data analytics by a fog computing structure is emerging and requires extensive research for more proficient knowledge and smart decisions. Though an advancement in big data analytics is taking place, it does not consider fog data analytics. However, there are many challenges, including heterogeneity, security, accessibility, resource sharing, network communication overhead, the real-time data processing of complex data, etc. This paper explores various research challenges and their solution using the next-generation fog data analytics and IoT networks. We also performed an experimental analysis based on fog computing and cloud architecture. The result shows that fog computing outperforms the cloud in terms of network utilization and latency. Finally, the paper is concluded with future trends.
In the current era, the skyrocketing demand for energy necessitates a powerful mechanism to mitigate the supply–demand gap in intelligent energy infrastructure, i.e., the smart grid. To handle this issue, an intelligent and secure energy management system (EMS) could benefit end-consumers participating in the Demand–Response (DR) program. Therefore, in this paper, we proposed a real-time and secure incentive-based EMS for smart grid, i.e., RI-EMS approach using Reinforcement Learning (RL) and blockchain technology. In the RI-EMS approach, we proposed a novel reward mechanism for better convergence of the RL-based model using a Q-learning approach based on the greedy policy that guides the RL-agent for faster convergence. Then, the proposed RI-EMS approach designed a real-time incentive mechanism to minimize energy consumption in peak hours and reduce end-consumers’ energy bills to provide incentives to the end-consumers. Experimental results show that the proposed RI-EMS approach induces end-consumer participation and increases customer profitabilities compared to existing approaches considering the different performance evaluation metrics such as energy consumption for end-consumers, energy consumption reduction, and total cost comparison to end-consumers. Furthermore, blockchain-based results are simulated and analyzed with the help of deployed smart contracts in a Remix Integrated Development Environment (IDE) with the parameters such as transaction efficiency and data storage cost.
The topic addressed in this article is part of the current concerns of modernizing power systems by promoting and implementing the concept of smart grid(s). The concepts of smart metering, a smart home, and an electric car are developing simultaneously with the idea of a smart city by developing high-performance electrical equipment and systems, telecommunications technologies, and computing and infrastructure based on artificial intelligence algorithms. The article presents contributions regarding the modeling of consumer classification and load profiling in electrical power networks and the efficiency of clustering techniques in their profiling as well as the simulation of the load of medium-voltage/low-voltage network distribution transformers to electricity meters.