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East Asia leads in Metaverse development
South Korea in February 2022 seemed to be in a position to become East Asia’s leader in metaverse development — defined by the country’s science ministry as an immersive, online, 3D virtual world that enables the development of social and economic relations through digital avatars. In the same year, the government of former president Moon Jae-in announced…
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Mitsubishi, Fujitsu and Other Tech Firms to Create ‘Japan Metaverse Economic Zone’
Several major Japanese technology, manufacturing and finance firms are teaming up to create the infrastructure for an open metaverse in order to propel the nation’s Web3 strategy forward. IT services company Fujitsu said Monday in a press release that it’s collaborating with nine other companies, including automobile manufacturer Mitsubishi and global bank Mizuho, to create an interoperable…
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University of Tokyo offers classes on the metaverse
Back in July 2022, University of Tokyo announced that it would offer students and the general public classes to learn about the metaverse. The courses aim to provide students of all ages, be it in high school or the work force the ability to gain more knowledge in the fast developing sector. The publication stated…
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Japan looks to the metaverse for education support
A new education support system that uses the metaverse to help children who refuse to go to school is drawing attention in Japan. The government is looking into what environments children feel they belong in, amid an increase in nonattending students due to various factors such as complex home environments and the COVID-19 pandemic. The…
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Japan is looking to invest in NFTs and the Metaverse
Japan’s Prime Minister Fumio Kishida said in a policy speech on Monday that the country’s plans for investing in digital transformation include non-fungible tokens (NFT) and metaverse services. The country has steadily been promoting investment in digital technology, including through tax incentives for companies that embrace a digital future. In his speech to Japan’s parliament, Kishida said the country…
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