3D technology will soon be accessible for up-and-coming entrepreneurs and small businesses, technology site Stuff.co.nz reports.

A research group at Auckland University has developed a low-cost, real-time 3D vision that could be applied in a variety of different ways, for example map-making, biometric security, augmented reality and forensics as well as effects in games and films.

It could also be used for 3D modeling of faces and reconstruction of scenery.

Senior lecturer and group founder Partrice Delmas said that the new technology could achieve the same effects seen in The Matrix film at a fraction of the cost.

“3-D is not just a fashion”, he said. “It’s turning into people being able to gather their own footage. It is just a matter of time before embedded 3-D applications are in our home and everyday lives.”

Source: Stuff.co.nz