DIFC Unveils Metaverse Platform
- Mridul Srivastava
- February 1, 2023
- 0 Comments
The Dubai International Financial Centre (DIFC) has launched a new platform that will allow Dubai’s aspiring metaverse start-ups to attract the global metaverse community and investors who are constantly looking to invest in the virtual world.
The platform, called the Metaverse, is designed to help businesses create their virtual worlds and digital experiences. It will allow businesses to create virtual spaces for accomplishing multiple tasks. The platform is powered by blockchain technology and is designed to be secure and private.
The platform is part of the DIFC’s broader strategy to create a digital economy in the region. The DIFC, which is already home to several financial institutions comprising over 29,700 professionals, is looking to expand its digital infrastructure. The Metaverse Platform is the latest in a series of initiatives from the DIFC to accelerate the digital economy in the region.
The Metaverse Platform is expected to be a major step forward in the development of a digital economy in the region. It is hoped that the platform will help businesses to create innovative digital experiences and products. The DIFC is confident that the platform will help to attract more global businesses and investors to the region.
Why is DIFC focusing on the Virtual World?
With the launch of this new platform, DIFC aims to become a metaverse hub. In today’s digital era the world is pushing toward the metaverse hence, Dubai also doesn’t want to lag behind. To compete with the other parts of the world Dubai is pushing towards the metaverse.
DIFC aims to contribute $4 billion to the GDP of Dubai and accelerate more than 40,000 virtual jobs by 2030. This initiative is also expected to draw the attention of over 1,000 blockchain and metaverse technology-based businesses.