Fun

Shanghai Metaverse Pilot Introduces Digital Services in 20 Urban Locations

News Feed - 2023-01-18 06:01:17

Shanghai Metaverse Pilot Introduces Digital Services in 20 Urban Locations


The city of Shanghai is bringing metaverse activities to 20 urban locations, that will allow citizens to use digital tools in different ways according to the area. The initiative is part of a pilot program of the Shanghai Municipal Commission of Economy and Informatization to push more metaverse applications to the population. Shanghai Takes the Metaverse to 20 Urban Spots


Shanghai, China is quickly moving to integrate the metaverse as part of the lives of its citizens. The Shanghai Municipal Commission of Economy and Informatization recently announced a pilot program to turn 20 different urban locations into “major metaverse application scenarios,” that will feature digital tech in several ways.


The implementation of this tech will cover various social fields, including business operations, education, branding, and entertainment. The city hopes this will allow citizens to receive smarter services from city facilities in these areas. For example, in the area of healthcare, Ruijin Hospital will establish a VR (virtual reality) facility to inspect patient rooms via metaverse representations.


In the same field, the Shanghai Eye and ENT Hospital set up a metaverse diagnostic system that will allow doctors to tend to patients using 3D scanning equipment. More Highlights


One of the biggest attractions that will offer metaverse features is the Oriental Pearl Tower, a landmark with a height of almost half a kilometer. The broadcasting tower, which is a common place for tourists to visit, will allow visitors to fly over the commercial area of Shanghai via a VR-enabled application.


Guo Yifeng, general manager of the Shanghai Tower, explained they hope this new focus might help the tower, which was recently renovated, to attract more visitors. He stated: We hope these new metaverse projects can enrich people’s visiting experience and make our online marketing more accessible and interesting.


Also, another bustling part of the city, Nanjing Road, is launching an online market that will allow customers to make purchases using the digital yuan, China’s CBDC (central bank digital currency).


All of these efforts are part of a plan the city announced back in July last year, in which Shanghai declares it aims to become a $52 billion metaverse cluster by 2025, outlining the different goals that the city will need to reach to achieve this. One of these objectives is to add a digital component to various activities and sectors. Tags in this story CBDC, China, Digital Yuan, Guo Yifeng, Metaverse, Oriental Pearl Tower, Shanghai, Shanghai municipal commission of economy and informatization, urban spots


What do you think about Shanghai’s metaverse actions? Tell us in the comments section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. WEF Predicts Metaverse Tech Will Change Industry First, Moving to the Consumer Space Later METAVERSE | 2 days ago Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023 METAVERSE | Jan 7, 2023


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleIran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil Next articleFasttoken Holds the Public Sale of Its Cryptocurrency, FTN Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItToday"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits


As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Terra"s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

News Feed

Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms
Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the c
Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year
Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere
National Assembly of Panama Advances Discussion of Cryptocurrency Law Project
National Assembly of Panama Advances Discussion of Cryptocurrency Law Project The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate crypt
SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency
SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency After the report revealing that the cryptocurrency exchange Bittrex had receiv
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says With sanctions cutting off Russia from global finances, Moscow’s motivation to es
Brazilian Securities and Exchange Commission CVM Subpoenas Mercado Bitcoin on Fixed Income Token Investments
Brazilian Securities and Exchange Commission CVM Subpoenas Mercado Bitcoin on Fixed Income Token Investments The Brazilian Securities and Exchange Commission (CVM) has sent a subpo
Nigeria Fintech Flutterwave Denies Client Account Hacking Reports
Nigeria Fintech Flutterwave Denies Client Account Hacking Reports The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million
Join Bityard’s YouTube Recruitment Competition – Win 38888 XRP
Join Bityard’s YouTube Recruitment Competition – Win 38888 XRP The new Bitcoin and cryptocurrency contracts exchange Bityard launched in early April 2020. To better spread the w
Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan
Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan Last Wednesday, the founder of the mining operation Btc.top announced a proposal that would fund Bitcoin Cas
Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges
Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers op
XRP $100 Target: Financial Expert Sheds Light On The Claim
Este artículo también está disponible en español. XRP has taken the spotlight as Linda P. Jones, a well-known figure in finance, recently sparked conversations within the
Solana Dips To 5-Month Low As Memecoin Traders Retreat Post-LIBRA Scandal
Este artículo también está disponible en español. The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep