• Microsoft HoloLens is set to aid in various fields such as medicine and constructions.

Microsoft HoloLens is set to aid in various fields such as medicine and constructions. (Photo : Twitter)

Microsoft announced there is a $100,000 reward for those who can come up with new and innovative ideas about how best to use HoloLens, the company's new augmented and virtual reality headset.

Microsoft had first unveiled HoloLens back in January but is still a work-in-progress thing. The Redmond-based company though believes HoloLens has a lot of potential for use in fields as diverse as medicine, design, education, art and psychology.

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The technology enables translucent items to be projected in a real world setting in a manner that allows the user to interact with them. The headset will run on Microsoft's upcoming Windows 10 operating system.

Another area where Microsoft is expecting an expanded application of HoloLens is in the field of gaming. The HoloLens enabled Minecraft game went in for some rave reviews at the E3 conference this year where visitors were enthralled at the way the tech allowed players new levels of interactivity and participation. Participants will have time until Sept. 5 to submit their responses.

The HoloLens Academic Research Request for Proposals (RFP) is, however, open to academic institutions within the United States only and it is not known for now if it will have an expanded scope anytime soon, Los Angeles Times reported.

Jeannette Wing, the corporate vice president of Microsoft Research stated in one of her blog posts that the company is expecting students to come up with new application areas where the HoloLens can prove effective, which can be anything from a handy teaching aid, to a novel designing tool to just about anything.

Microsoft previously attempted to find innovative ways the HoloLens can be put to use in space though all of that came to a naught once the unmanned Space X re-supply mission to the International Space Station crashed just after take-off.

Microsoft is not losing hope as CEO Satya Nadella expressed his company's support to NASA in such missions in future, eWeek reported.