Online Magazine - Mobile App & eCommerce November 2022 Issue by Rajib Roy - HTML preview

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METAVERSE

HOW ARE THE VARIOUS DUBAI GOVERNMENT DEPARTMENTS

ENTERING METAVERSE

Dubai is leading the way to be the leading hub of the metaverse. The technological prowess, thriving innovation, research and development environment, and sophisticated digital infrastructure of the city serve as a base for the construction of metaverses.

The emirate is fostering an innovative culture and making a seamless transition to a digital economy thanks to a flexible, strong regulatory environment and government-led initiatives.

The Analysis Group economic researchers estimate that the metaverse's adoption over the next 10 years might contribute $3 trillion to the world economy by 2031.

Sheikh Hamdan bin Mohammed bin Rashid Al

Maktoum, Crown Prince of Dubai, Chairman of the The Emirate is

Dubai Executive Council, and Chairman of the Board fostering an

of Trustees of the Dubai Future Foundation (DFF), innovative culture and

introduced the Dubai Metaverse Strategy with the making a seamless

goal of making Dubai one of the top 10 metaverse transition to a digital

economies worldwide. The approach, which offers a economy

road map for the future, is consistent with the recently finished "Dubai Metaverse Assembly."

10 Online Magazine - Mobile Apps & E-Commerce : Issue 24 . November. 2022

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