Saudi Arabia launches ‘cultural’ metaverse to celebrate founding day

Blockchain

MARKET_WATCH

The Saudi Arabian Ministry of Culture launched a metaverse dedicated to showcasing and preserving the nation’s cultural heritage on the occasion of its founding day.

The Saudi government’s Cultural Universe metaverse initiative, which takes a user through the long history of Saudi Arabia dating back to 1727, went live on Feb. 22. The metaverse was built on top of Oracle’s Hyperledger Fabric 2.5 blockchain technology and developed by droppGroup’s Generative Media Intelligence artificial intelligence (AI) system droppPhygital.

The user interface of Saudi Arabia’s metaverse initiative. Source: cup.moc.gov.sa The virtual world takes a first-person shooter approach to help users navigate the metaverse. Users can walk freely on a common path along with other users and explore the information provided on both sides of the path. Going near the virtual representations of historical events triggers a voice audio explaining the event in detail. However, the audio is limited to Arabic and is not available in English.

The Cultural Universe also includes other sectors dedicated to music, art, history, food and crafts around Saudi heritage, as well as mini video games. The service is free to use and can be accessed via website, mobile, virtual reality headsets and other supported digital devices. The Saudi government’s official announcement read:

“This cross-platform compatibility embodies the Ministry of Culture’s commitment to inclusivity, enabling a diverse global audience to explore and engage with the rich history of Saudi culture.”

The Saudi Ministry of Culture — tasked with preserving and promoting the nation’s cultural heritage and nurturing contemporary artistic expression — views the metaverse as a “transformative moment” and considers the initiative a cultural revolution.

Saudi Arabia, along with the rest of the Middle East, has moved past the metaverse’s “era of hype” and is headed toward capitalizing on the technology to boost their economies, said Samuel Huber, the CEO of LandVault, a metaverse firm working with various government agencies in the Middle East.

Speaking to Cointelegraph, Huber said the metaverse is about building 3D experiences embedded into websites. He added:

“What we found is the biggest segment are the governments in the Middle East, especially the UAE [United Arab Emirates], Saudi and Qatar, which are trying to digitalize their infrastructure and create really interesting economies for their citizens.”

He added that, like blockchain and AI, the metaverse is “one of those pillars” the Middle East is eyeing for economic growth.

Source : Cointelegraph by Arijit Sarkar / Feb 26, 2024

rayn.finance logo

Automata FRANCE SAS

240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Filiale italiana

Via Archimede, 161,

00197 Roma

Italy

L’acquisto di asset digitali è soggetto a un elevato rischio di mercato e volatilità dei prezzi. Le variazioni di valore possono essere significative e avvengono rapidamente e senza preavviso. Le prestazioni passate non sono un indicatore affidabile delle prestazioni future. Il valore di un investimento e i rendimenti possono variare al rialzo come al ribasso e potrebbe essere che non recuperiate l’importo investito. AVVERTENZA DI RISCHIO

Automata ICO Limited ha una filiale in Italia con sede legale in Via Archimede, 161, Roma, Italia, e registrata in Italia con il numero 96550860587 presso l'Organismo Agenti e Mediatori (OAM) come fornitore di servizi di asset virtuali (VASP).

Automata France SAS è una società registrata in Francia con il numero aziendale 902 498 617. Automata FRANCE SAS è registrata presso l'Autorità del mercato finanziario francese, l’Autorité des marchés financiers (“AMF”), come fornitore di servizi di asset virtuali con il numero E2023-087.

Automata France SAS è un partner di Modulr Finance B.V., una società registrata nei Paesi Bassi con il numero di registrazione 81852401, autorizzata e regolamentata dalla Banca Centrale Olandese (DNB) come Istituzione di Denaro Elettronico (Numero di Riferimento Aziendale: R182870) per l’emissione di moneta elettronica e servizi di pagamento. Il tuo account e i servizi di pagamento correlati sono forniti da Modulr Finance B.V. I tuoi fondi saranno detenuti in uno o più conti segregati e protetti in conformità con la Legge sulla Vigilanza Finanziaria. Come teniamo al sicuro il vostro denaro.