Semantic Information Market For The Metaverse: An Auction Based Approach
Lotfi Ismail, Dusit Niyato, Sumei Sun, Dong In Kim, Melike, Erol-Kantarci, Chunyan Miao

TL;DR
This paper proposes an auction-based system where IoT devices sell semantic information to a Virtual Service Provider to efficiently create accurate digital twins in the Metaverse, addressing bandwidth and latency challenges.
Contribution
It introduces a truthful reverse auction mechanism for IoT devices to sell semantic data, improving Metaverse digital twin creation under bandwidth and delay constraints.
Findings
Enables fast and accurate digital twin replication.
Reduces data transmission size via semantic extraction.
Achieves high-quality virtual copies in simulations.
Abstract
In this paper, we address the networking and communications problems of creating a digital copy in the Metaverse digital twin. Specifically, a virtual service provider (VSP) which is responsible for creating and rendering the Metaverse, is required to use the data collected by IoT devices to create the virtual copy of the physical world. However, due to the huge volume of the collected data by IoT devices (e.g., images and videos) and the limited bandwidth, the VSP might become unable to retrieve all the required data from the physical world. Furthermore, the Metaverse needs fast replication (e.g., rendering) of the digital copy adding more restrictions on the data transmission delay. To solve the aforementioned challenges, we propose to equip the IoT devices with semantic information extraction algorithms to minimize the size of the transmitted data over the wireless channels. Since…
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Taxonomy
TopicsBlockchain Technology Applications and Security · Advanced Steganography and Watermarking Techniques · Privacy-Preserving Technologies in Data
