Big companies such as Fujitsu and Mitsubishi hope to create Japan’s metacosmic economic zone

It is reported that a group of large Japanese companies, including Mitsubishi, Fujitsu and Mizuho, a banking giant, agreed to work together to create a “metauniverse economic zone” for the country, aiming at establishing an open metauniverse infrastructure. The big company group takes the goal of former Square Enix executives and JP Games CEO Tian Duanchuang as guidance, that is, to update “Japan” through the power of games. The new project is named Ryugukoku. The companies that signed the agreement will integrate their technologies and services, including gamification and financial technology, to build the technology infrastructure. Mizuho will provide infrastructure for the “yuan universe coin”, Mitsubishi will provide capabilities for the “web3 yuan universe financial function”, and Sompo Japan Insurance will be committed to the development of insurance and risk policies in the web3 era.

Interpretation of this information:

A group of major Japanese companies, including Mitsubishi, Fujitsu, and Mizuho, have agreed to collaborate in creating a “metauniverse economic zone” in Japan. The initiative aims to establish an open infrastructure for the metaverse, with the goal of updating Japan’s image through the power of games. The project, named Ryugukoku, will integrate various technologies and services, including gamification and financial technology, to build the necessary infrastructure. Mizuho will provide infrastructure for the “yuan universe coin,” while Mitsubishi will enable the “web3 yuan universe financial function.” Additionally, Sompo Japan Insurance will be responsible for developing insurance and risk policies relevant to the web3 era.

The metaverse is an emerging concept that refers to a virtual world that individuals can experience through digital devices. It is commonly associated with online gaming, but its applications extend far beyond entertainment. The potential of metaverse technology lies in its ability to create immersive and interactive experiences that can be used for a variety of purposes, including education, communication, and e-commerce.

The creation of a metauniverse economic zone in Japan is a significant step towards realizing the potential of the metaverse. By collaborating and integrating technologies and services, the participating companies can build a strong infrastructure that enables a range of experiences, from gaming and entertainment to financial transactions and insurance policies. This initiative is also in line with the Japanese government’s recent push to promote digitalization and innovation.

The three keywords that summarize this message are: Metaverse, Infrastructure, Collaboration.

Metaverse refers to the virtual world that individuals can experience through digital devices, which has the potential to create immersive and interactive experiences.

Infrastructure is the necessary foundation for building a metaverse, including the technologies and services needed to create a seamless and functioning environment.

Collaboration is essential for realizing the potential of the metaverse, as companies can integrate their technologies and services to create a strong infrastructure that enables a range of experiences.