In Japan, a country often associated with its legacy technology sector, a group of well-known tech companies entered into an agreement on Feb. 27 to forward the creation of the “Japan Metaverse Economic Zone."
This open metaverse infrastructure will help create interoperable tools available for users and developers across various platforms. It will also serve as a new social infrastructure for enterprise digital transformation.
Along with creating the Japan Metaverse Economic Zone, the agreement focuses on building an open metaverse infrastructure called “Ryugukoku,” which will spark the next wave of metaverse development.
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