Shanghai, China’s busiest city Looking for ways to use the metaverse in public service in the next 5 years?
According to the Shanghai Economic and Information Technology Board’s Five-Year Development Plan for the Electronic Information Industry, there are four frontiers for exploration. And one of them is the metaverse.
followreport of CNBC The document calls for the promotion of the use of the metaverse in public services, business offices, leisure activities, industrial production, manufacturing safety, and electronic games. The Commission plans to support further studies and development of underlying technologies such as censorship, real-time interactions, and blockchain technology.
The term “blockchain” was first used in China’s 14th Five-Year Plan, a document that outlines the country’s economic goals for the next five years. which runs from 2021 to 2025
While the metaverse has become an interesting area for many big companies in the past few months. In October, Facebook changed its name to Meta in order to support the popularity of the term metaverse.
And although the People’s Bank of China warned about metaverse and nonfungible tokens in November, But more than 1,000 Chinese businesses have filed tens of thousands of trademark applications related to the term, with more than 1,360 Chinese businesses thatfiled8,534 trademark requests
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