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

Biggest Movers: LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High
Biggest Movers: LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High Unus sed leo was one of a few gainers on Tuesday, as cryptocurrency markets mostly traded lower. Beari
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), Fi
Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Companies ‘Allocate 1% of Their Cash to Bitcoin’
Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Companies "Allocate 1% of Their Cash to Bitcoin" According to the findings of a study
Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’
Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’ Amid the chaotic economy, plagued with central bank tinkering, suppl
California DMV building blockchain on Avalanche for title transfers
Alex O’Donnell5 hours agoCalifornia DMV building blockchain on Avalanche for title transfersThe DMV has successfully digitized 42 million car titles on the Avalanche blockchain.1246 Total views1 Total sharesListen to a
Craig Wright Claims Satoshi Nakamoto ‘Never Used Bitcointalk’ to Communicate
Craig Wright Claims Satoshi Nakamoto "Never Used Bitcointalk" to CommunicateThe mysterious Craig Wright, the man who claims to be Satoshi Nakamoto, was recently ordered to produce 1
Arijit Sarkar48 minutes agoNomura, CoinShares, Ledger joint venture Komainu wins Dubai crypto licenseKomainu completed the final step in VARA’s licensing process nearly 10 months after securing its MVP license in Novem
Crypto VC sees a ‘new class’ of profitable memecoins this cycle
Tom Mitchelhill3 hours agoCrypto VC sees a ‘new class’ of profitable memecoins this cycleA new class of memecoins that capitalize on politics, religion and successful consumer brands could end up going more “viral
NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot 
NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot  Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales
Over 5,000 Bitcoin Worth $97 Million from the 2016 Bitfinex Hack Spring Into Action
Over 5,000 Bitcoin Worth $97 Million from the 2016 Bitfinex Hack Spring Into Action As bitcoin surpassed its 2017 all-time high on Monday morning, a few hours la
Three Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study
Three Countries Account for Nearly Two-Thirds of Africa"s Crypto Holders — Study According to a new study, out of the estimated 55.3 million cryptocurrency holders that are sprea
The Grand WAHED PitchFest – Pitch Your Idea and Win 25,000 USDT
The Grand WAHED PitchFest - Pitch Your Idea and Win 25,000 USDT press release PRESS RELEASE.WAHED is delighted to announce the Grand WAHED Pitchfest, an opportunity for entrepreneur