A conference on the metaverse will be held in Dubai, and leaders from around the world are expected to come to talk about its potential.
Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, announced the first Dubai Metaverse Assembly, which will take place on September 28 and 29 at the Museum of the Future and Emirates Towers, according to a statement released by the Dubai Media Office.
In line with Dubai Metaverse Strategy, the Museum of the Future will host Dubai Metaverse Assembly in September 2022. The global event gathers over 300 experts and 40 specialized organizations to discuss the unlimited opportunities offered by the metaverse to serve humanity. pic.twitter.com/HWpypHHjqm— Hamdan bin Mohammed (@HamdanMohammed) July 19, 2022
More than 300 experts, decision-makers, and representatives from 40 metaverse organizations will attend the gathering.
According to Sheikh Hamdan, “The metaverse is a promising digital world. We aim to harness this technology to enhance the quality of life in the UAE and across the globe,”
“We want Dubai to lead globally in adopting the technology of the future, understanding its developments, harnessing its potential and driving change.” The initiative is the “next revolution in the technological and economic field that will affect all aspects of life over the next two decades”, Sheikh Hamdan said.
In the metaverse, avatars or three-dimensional likenesses of people can interact with each other in virtual environments. It is a part of Web3, the subsequent evolution of the internet, whose fundamental elements include blockchain, decentralization, openness, and increased user utility.
The UAE has taken a number of major steps to integrate the metaverse and its related technology, including cryptocurrencies, into the economy, government and society.
Sheikh Hamdan said the assembly “embodies the vision” Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has for the emirate to become a “global hub for innovation and futuristic transformations and a key driver for digital and knowledge-based economies around the world”, the statement said.
In order to maximize the impact of the metaverse on both real-world and virtual society, the assembly will present reports, strategies, and action plans.
It will also feature real metaverse experiences in key sectors — including tourism, logistics, retail, education and health care — and an “unprecedented” experience of hosting official meetings in the digital space.