The new Web3 Initiative
One of the rapidly expanding global digital trends in recent years is the metaverse. The idea behind the hoopla around the virtual world is that it will represent the future and everything that is good. As a result, several businesses, organizations, sectors, and even national governments are developing their own versions of the Metaverse for various objectives.
According to a recent article, Beijing’s city administration has unveiled its two-year strategy for the growth and innovation of the metaverse. 2022 through 2024 is the government’s timeframe of execution. Additionally, it stated that it will follow through on its innovation strategy for the new Web 3 initiative with all districts.
Government Focusing on Supporting Education
The development programme would use technology strategies including 3D visualization and Geographic Information System. Additionally, it intends to develop a digital platform for metropolitan areas. Additionally, it will guarantee rapid progress for the design of intelligent digital infrastructure.
The districts are also expected to build the necessary technology infrastructure at various city levels. They must also use industries like tourism and education to promote the strategy. Municipalities and districts are given instructions on how to promote the creation of a virtual reality as part of the action plan for the Metaverse. The Beijing city administration also insists on following non-fungible token technology advances.
Additionally, the area will start looking towards sandbox programme laws that would encourage innovation. A Google Translate transcript of the official Metaverse paper showed that the government is focused on supporting digital education. Additionally, it will encourage collaboration between educational institutions and technological companies relevant to the Metaverse. Its strategy spans the creation of digital teaching platforms as well as the growth of intelligent and interactive online learning models.
Source: https://www.thecoinrepublic.com/2022/08/28/beijing-and-its-two-year-vision-for-metaverse/