Japan to Create Open Meta Universe Infrastructure for Digital Transformation

02/28/2023 00:34 • Tech Ticker • 139 views

It is reported that Mitsubishi, Fujitsu and other technology companies said that they would create the “Japan Meta Universe Economic Zone”, and jointly create an open Meta Universe infrastructure to promote the country’s Web3 strategy. Japan has been trying to incorporate Web3 technology into its national agenda. In October, Japanese Prime Minister Shinsuke Kishi said that his country would invest in digital transformation services, including NFT and Metauniverse. （Coindesk）

Mitsubishi, Fujitsu and other science and technology companies will create the “Japanese Yuan Universe Economic Zone”

Interpret the above information:

In recent years, there has been a global shift towards embracing digital transformation, and Japan is no exception. The country has been focusing on incorporating Web3 technology into its national agenda for some time now. This includes the recent announcement by several technology companies, including Mitsubishi and Fujitsu, about the creation of the Japan Meta Universe Economic Zone, to promote Japan’s Web3 strategy.

The Japan Meta Universe Economic Zone aims to create an open Meta Universe infrastructure that will be accessible to all, including individuals, businesses, and government agencies. This open infrastructure will not only enable Japan to drive its digital transformation, but it will also create a platform for the development and deployment of innovative and cutting-edge technologies.

The decision to create the Japan Meta Universe Economic Zone is a significant development in Japan’s digital transformation journey. It shows a great commitment to promoting the use of the open Meta Universe infrastructure, which will serve as a key driver of economic growth and development in the country.

Furthermore, Japan’s Prime Minister, Shinsuke Kishi, has already announced Japan’s intention to invest in digital transformation services, including NFT and Metauniverse, highlighting the country’s readiness to take on the challenges and opportunities presented by the digital age.

In conclusion, the emergence of the Japan Meta Universe Economic Zone is a welcome development for Japan’s digital transformation journey. It presents an opportunity for Japan to reap the benefits of a rapidly evolving digital landscape and secure its position as a leading technology-driven economy. This initiative has the potential to open up many opportunities for new and innovative technologies, providing a significant boost to the country’s economy, and improving the lives of its citizens for years to come.

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