{"id":25769,"date":"2024-01-23T11:02:46","date_gmt":"2024-01-23T11:02:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/china-establishes-metaverse-standardization-group-to-govern-yuanverse-platform\/"},"modified":"2024-01-23T11:02:46","modified_gmt":"2024-01-23T11:02:46","slug":"china-establishes-metaverse-standardization-group-to-govern-yuanverse-platform","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/china-establishes-metaverse-standardization-group-to-govern-yuanverse-platform\/","title":{"rendered":"China Establishes Metaverse Standardization Group to Govern Yuanverse Platform"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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The formation of a metaverse standards working group is part of the Chinese government\u2019s calculated strategy to gain control over the metaverse. The Ministry of Industry and Information Technology (MIIT) has stated that the newly established organization would include major stakeholders such as tech giants Tencent, Huawei, Baidu, Netease, and Sense Time, as well as Chinese institutions.<\/p>\n

The main goal of the Metaverse Standardization Working Group is to create complete regulations for metaverse platforms, with an emphasis on the advancement of Yuanverse, the national metaverse platform of China. China\u2019s dedication to standardizing metaverse technologies<\/a> and ensuring their systematic adoption is shown in this endeavor.<\/p>\n

Composition and Proposal Feedback<\/h2>\n

Leaders in the industry, government agencies, and educational institutions work together to form the standardizing group. Comments on the plan, which is designed to meet \u201cthe needs of industrial development and industry management,\u201d are welcome until February 18. The goal of this inclusive method is to collect information and improve the standards by taking into account the various viewpoints of stakeholders.<\/p>\n

China has been moving toward standardizing the metaverse after recently announcing a complete Web3 plan. This plan demonstrates the country\u2019s commitment to investigating and developing metaverse and blockchain technology. China continues to be a major factor in determining the direction of the sector, despite the opinions of some experts who claim that interest in the metaverse is dwindling.<\/p>\n

China\u2019s MIIT and four ministries published a three-year strategy in September to encourage the expansion of metaverse activities across the nation. By 2025, the strategy forecasts major advancements in commercial applications, use cases, and metaverse technologies, with specific milestones outlined.<\/p>\n

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China\u2019s strategic investments and actions are projected to establish the country as a prominent global metaverse hub, even as the worldwide excitement around the metaverse is slowing down. The government\u2019s dedication to promoting the development of the metaverse is a reflection of its overarching objective of continuing to be a leader in new technologies.<\/p>\n

China\u2019s standardized approach is expected to impact the industry\u2019s trajectory and make it a hub for innovation and growth as the metaverse environment develops.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) The formation of a metaverse standards working group is part of the Chinese government\u2019s calculated strategy to gain control over the metaverse. The Ministry of Industry and Information Technology (MIIT) has stated that the newly established organization would include major stakeholders such as tech giants Tencent, […]<\/p>\n","protected":false},"author":35,"featured_media":25770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25769"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25769"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25770"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}