Dubai is preparing to bring its government to Metaverse – Metaverse Bitcoin News

The Dubai government is reportedly preparing to offer some of its offices in a virtual world. According to a statement made by Cybergear Chief Metaverse Officer Sharad Agarwal at the Metaverse event, the country is currently seeking third-party help in arranging the transition to the virtual world for some sectors.

Dubai reportedly brings government functions to Metaverse

Dubai, the emirate that is part of the United Arab Emirates (UAE), is reportedly incorporating some of its government departments into virtual worlds to allow users to perform operations in these facilities in the future. This will be the next step for the country, which has previously presented its Dubai Metaverse strategy, positioning the technology as an important part of the emirate’s future.

Sharad Agarwal, Chief Metaverse Officer at Dubai-based Metaverse company Cybergear, spoke about the process at a local Metaverse-themed event.he statement:

We have started to receive a lot of inquiries from government departments and ministries to enable them to Metaverse. It is only a matter of time before Dubai becomes the cryptocurrency and metaverse hub of the world.

However, the construction of these areas and the establishment of their functions will take time. Agarwal explained further: “It involves hard work, so you need to decide what service and business model you want to offer and then join the community as if it existed in the real world.”

Countries that bet on Metaverse and apps

Dubai has been one of the countries making global plans to make the Metaverse a profitable industry in the future.This Dubai Metaverse Strategy, a set of directives aimed at making the virtual world contribute 1% to the country’s GDP by 2030, aiming to provide 42,000 virtual jobs in the same year.South Korea and other countries are also invest Vigorously develop its own Metaverse industry, investing 177 million US dollars for this.

While some don’t see the appeal of virtual worlds for Dubai, Agarwal sheds light on one of the applications virtual worlds technology could have in the future: the real estate market. He declared:

Dubai has a huge real estate market. In the future, people can fly to the community like a superman, see the villa, see the villa, and configure the interior decoration according to their own preferences. Once they are satisfied, they can make digital payments.

The country’s virtual asset regulator, which recently launched operations in Metaverse, is one of the pioneers in the field.

What do you think of the Dubai government establishing a presence in the virtual world? Let us know in the comments section below.

Sergio Goshenko

Sergio is a cryptocurrency journalist in Venezuela. He describes himself as late to the game, entering the crypto space when prices rose in December 2017. With a computer engineering background, living in Venezuela, and being affected by the cryptocurrency craze on a social level, he offers a different perspective on the success of cryptocurrencies and how it can help the unbanked and underserved.

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