{"id":557122,"date":"2023-02-27T15:05:00","date_gmt":"2023-02-27T12:05:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/tech-companies-enter-agreement-for-japan-metaverse-economic-zone\/"},"modified":"2023-02-27T15:05:00","modified_gmt":"2023-02-27T12:05:00","slug":"tech-companies-enter-agreement-for-japan-metaverse-economic-zone","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/tech-companies-enter-agreement-for-japan-metaverse-economic-zone\/","title":{"rendered":"# Tech companies enter agreement  for &#8216;Japan Metaverse Economic Zone&#8217;"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e7775aa26d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e7775aa26d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/tech-companies-enter-agreement-for-japan-metaverse-economic-zone\/#%E2%80%9D_Tech_companies_enter_agreement_for_%E2%80%98Japan_Metaverse_Economic_Zone_%E2%80%9C\" >&#8221; Tech companies enter agreement  for &#8216;Japan Metaverse Economic Zone&#8217; &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Tech_companies_enter_agreement_for_%E2%80%98Japan_Metaverse_Economic_Zone_%E2%80%9C\"><\/span>&#8221; Tech companies enter agreement  for &#8216;Japan Metaverse Economic Zone&#8217; &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvYmRkZjJmZjItMWE5Ny00MjEwLWE2MDYtNTQ3MmM5ZWJlYWM1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-48054ca8>Interest in the metaverse is accelerating at a global rate, with countries all over the world joining in the rush to get involved.<\/p>\n<p>In Japan, a country often associated with its legacy <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> sector, a group of well-known tech companies entered into an agreement on Feb. 27 to forward the creation of the \u201cJapan Metaverse Economic Zone.&#8221;<\/p>\n<p>Along with creating the Japan Metaverse Economic Zone, the agreement&#8217;s focus is on building an open metaverse infrastructure called \u201cRyugukoku,&#8221; which will spark the next wave of metaverse development.<\/p>\n<p>This open metaverse infrastructure will help create interoperable tools available for users and developers across various platforms. It will also serve as a new <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> infrastructure for enterprise digital transformation.\u00a0<\/p>\n<p>According to its terms, companies who have signed the agreement will integrate their \u201crespective technologies and services&#8221; in an effort to create Ryugukoku. This includes gamification, fintech, and information and communication technologies.  <\/p>\n<p>The Japan Metaverse Economic Zone will be an ecosystem that will ultimately be a result of the interoperability between different metaverse services and platforms available to consumers in Japan.\u00a0The agreement also mentions the future possibility of \u201cproviding this infrastructure to companies and government agencies outside of Japan.\u201d<\/p>\n<p>Japanese companies who have entered into this agreement include Fujitsu Ltd., Mitsubishi Corporation and TBT Lab Inc., among a handful of others. <\/p>\n<p><strong><em><u>Related: <\/u><\/em><\/strong><strong><em>Japan\u2019s largest mobile operator to establish Web3 consortium<\/em><\/strong><\/p>\n<p>Japanese regulators have been shifting their attention to the country\u2019s financial technology sector. On Feb. 1,\u00a0the country\u2019s prime minister recognized decentralized autonomous organizations (DAOs) and nonfungible tokens (NFTs) as a way to support the government\u2019s \u2018Cool Japan\u2019 strategy.\u00a0<\/p>\n<p>However, the exploration of DAOs as governance tools goes back to November 2022, when Japan\u2019s Digital Agency launched its own DAO. <\/p>\n<p>Most recently, the Bank of Japan announced that it plans to launch its official central bank digital currency (CBDC) pilot before May 2023.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/tech-companies-enter-agreement-for-japan-metaverse-economic-zone\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Tech companies enter agreement for &#8216;Japan Metaverse Economic Zone&#8217; &#8220; Interest in the metaverse is accelerating at a global rate, with countries all over the world joining in the rush to get involved. In Japan, a country often associated with its legacy technology sector, a group of well-known tech companies entered into an agreement&#8230;<\/p>\n","protected":false},"author":1,"featured_media":557123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/bddf2ff2-1a97-4210-a606-5472c9ebeac5.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,91498,93542,74355,20618,4965],"class_list":["post-557122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-metaverse","tag-web3","tag-adoption","tag-japan","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/557122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=557122"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/557122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/557123"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=557122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=557122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=557122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}