Dubai’s Metaverse Plan Targets 40000 Virtual Jobs In Next Five Years
DUBAI is aiming to enter the world’s top 10 metaverse economies under a new strategy that envisages the sector supporting up to 40,000 additional virtual jobs and boosting the city’s GDP by US$4 billion in 5 years dollars increased. The government is aiming to develop standards for building secure platforms for users and to develop infrastructure and regulations to speed up the adoption of these technologies, state news agency WAM said.
bin Mohammed, the plan aims to support the government’s goal of increasing the number of blockchain companies fivefold in five years. Dubai is already home to more than 1,000 companies in the blockchain and metaverse sectors, contributing $500 million to the national economy, said Sheikh Hamdan.
“The strategy emphasizes nurturing talent and investing in future skills by providing necessary Metaverse education support to developers, content creators and digital platform users in the Metaverse community,” said WAM. The city’s largest corporations are already entering the Metaverse. Healthcare company Thumbay will deploy a hospital in the metaverse for virtual consultations over the next few months, the Khaleej Times reported. Meanwhile, Dubai has already tried to attract crypto companies from around the world.
Some of the world’s largest financial technology and crypto companies, including Binance and FTX, have received licenses in the city.
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