Home KPMG Launches Metaverse In Saudi Arabia

KPMG Launches Metaverse In Saudi Arabia

Share
Share

KPMG Launches Metaverse In Saudi Arabia

KPMG invests in Saudi Arabian government commitment to metaverse technology, with the establishment of a centre of excellence in the Gulf state.

KPMG will use the centre, in collaboration with IT suppliers Microsoft, Ericsson, and Metakey, to accelerate the development and adoption of metaverse and digital twin technologies in Saudi Arabia and the wider Middle East region.

Microsoft will provide the infrastructure and gaming platform as part of the agreement, the centre will use Ericsson’s 5G technology and network, and Metakey will develop 3D objects.

Forrester defines the metaverse as an immersive experience of interoperable and interconnected environments delivered through a variety of devices. According to its report, The state of the metaverse, it will be delivered in stages, building out to a decentralised platform that puts a 3D experience on top of the World Wide Web.

(With inputs from Shikha Singh)

Share

Latest News

Polygon Launches sPOL To Unlock $330M Idle Capital As Stablecoin Activity Surges
News

Polygon Launches sPOL To Unlock $330M Idle Capital As Stablecoin Activity Surges

With the goal of releasing around $330 million in staked POL that is presently locked in safeguarding the network, Polygon Labs has...

CLARITY Act Faces Delay As Stablecoin, DeFi & Political Divides Stall Progress
News

CLARITY Act Faces Delay As Stablecoin, DeFi & Political Divides Stall Progress

Contrary to earlier predictions, Senate Banking Committee Chair Tim Scott has hinted that the CLARITY Act markup might not take place this...

Deutsche Börse Buys Stake In Kraken As IPO Plans Stay In Focus
News

Deutsche Börse Buys Stake In Kraken As IPO Plans Stay In Focus

Deutsche Börse has invested $200 million in Payward Inc., the parent company of Kraken, in a significant indication of growing institutional confidence...

Smarter Web Company Expands Bitcoin Holdings To 2,706 BTC
News

Smarter Web Company Expands Bitcoin Holdings To 2,706 BTC

The Smarter Web Company, a publicly traded company with headquarters in the UK, has taken another big step in its Bitcoin strategy...

Latest Blogs

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an AI-integrated crypto wallet? In case you are wondering what exactly...

Related Articles

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an...