42_European business magazine autumn 2021

Page 27

Profile Interview:

THOMAS JOHANN LORENZ CEO and co-founder of JOURNEE

our daily lives. 
For this to be possible, we need technical innovations that enable new digital experiences - such as our JOURNEE solution, which provides metaverse experiences directly in the browser on any device. How is the metaverse shaping the future of our online experience? First, there will be less and less of a hard-line separating our online experience and physical experience.

 Fundamentally, the metaverse will ensure that "online" is not just about efficiently accessing information. Hard information is only 7% of human communication. That's what the internet has been about for the last few decades. But the remaining 93% addresses human emotions - proximity, gestures, feelings, sound, subtle memories, and so on.
 The metaverse will tap into that unaddressed 93%. What does doing business in the metaverse look like for companies? The metaverse will fundamentally change and improve the way digital communication works. This also applies to how brands communicate with their customers, how celebrities connect with their fans, and how knowledge content is shared. Here we will see a multitude of new business models, the true scope of which we only see hints of today. What is your background in and what led you to work with this cutting-edge technology?

W

e catch up with Thomas Johann Lorenz (pictured), CEO and co-founder of JOURNEE and discuss the metaverse and what can we expect from this new technology, How does the metaverse work and how does it differ from virtual reality and how is the metaverse shaping the future of our online experience. What exactly is the metaverse and what can we expect from this new technology?

The metaverse is the next iteration of the internet. It is a more humanistic technology experience, blurring the

lines between the physical and digital world. It is a meta-technology, enabling eg new business models, forms of commerce, entertainment, community, culture, learning, and experiences. How does the metaverse work and how does it differ from virtual reality? Virtual reality requires us to wear complicated and unusual hardware. But the metaverse is not accessible only through technical gimmicks on the contrary, it will become much more organically integrated into

I have been an entrepreneur since I was 10 years old and decided to launch a family magazine. Since then, I've gone through various stages always with the goal of bringing people together. Most recently I founded a global digital B2B platform for the fashion industry, Veee. com, which was acquired in NYC in 2019. I then teamed up with my longtime friend Christian Mio Loclair one of the most talented creative technologists of our time. Together, we have made it our mission to drive fundamental innovations in technology. We then started research on JOURNEE in Q4-2020. europeanbusinessmagazine.com 27


Turn static files into dynamic content formats.

Create a flipbook

Articles inside

Saint Lucia: Beyond the Beaches

2min
pages 90-91

Stealing Ideas – Prevention is Better than Cure

6min
pages 92-96

Can Bitcoin Even Be Regulated?

3min
pages 88-89

What You Need to Know About Ad Fraud

8min
pages 84-87

As cities fill tech gaps, power of smart cities unleashes, report finds

4min
pages 80-81

AI In Banking - Hype Or Revolution

5min
pages 82-83

Not all Intent Data is created equal

5min
pages 78-79

Why is Skills Management important? And how can you succeed in your strategy?

7min
pages 74-75

CEO Interview: Anders Hagberg

6min
pages 76-77

Businesses Are Using Skills Management Software To Build For The Future

4min
pages 72-73

Forget ChatBots – here’s why Conversational AI is the future of workplace training

4min
pages 68-69

How to create a culture that unlocks growth

4min
pages 70-71

Now is the time for finance leaders to take on a more strategic and valuable role

5min
pages 66-67

The Circular Economy: Where We Are and Where We Will Be in Five Years

4min
pages 64-65

Turning back the crypto clock and answering the ‘what ifs’

4min
pages 62-63

Educating and Training The Next Generation Of Data Scientists, Lab Technicians, Cyber Defenders and Programmers

6min
pages 55-57

Getting the start-up infrastructure right to support tech entrepreneurs

3min
pages 58-59

The art(s) of data science: Advocating for storytellers in analytics

4min
pages 60-61

How Search Engines Really Work

24min
pages 48-54

DP WORLD at the forefront of sustainable industry efforts in Europe

6min
pages 45-47

European Business Magazine Interviews OenoGroup Founders Michael Doerr and Daniel Walker

10min
pages 40-44

Wine Investment: Diversifying and De-Risking Portfolios

5min
pages 38-39

Sweden - A Fintech Mecca

4min
pages 32-33

ASEAN Digital Generation Survey Calls for Joint Action for an Inclusive and Sustainable Digital Economy

3min
pages 30-31

What Is Jewellery? Criss-cross through the Jewellery Museum’s collections

7min
pages 36-37

IBM Unveils AI-Driven Software for Environmental Intelligence Helping Businesses Address Sustainability Objectives and Climate Risk

4min
pages 28-29

The great “return to work” and why we need to look at office space differently

4min
pages 34-35

Profile Interview: Thomas Johann Lorenz

2min
page 27

Uncapped Offers 1000 European Founders £50,000 in Fee-Free Capital

2min
page 26

Remote possibilities: can your organisation unlock greater ROI from hybrid working?

4min
pages 16-17

How we stop the next petrol panic in its tracks?

4min
pages 22-23

Bottomline Announces New Strategic Partnership With MRI Software

2min
page 13

Questionnaire

2min
page 18

How businesses should prepare for changes in the commercial real estate sector

5min
pages 20-21

News

8min
pages 8-12

Richard Ells explains what the ETN-Network future holds after the most exciting blockchain update yet!

3min
pages 14-15

Leamington Spa (studio 1 Leamington Spa,Cv324tf, UK

3min
page 19
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.