The prototype of WEF’s metaverse-based global collaboration village has been developed by technology companies Accenture and Microsoft. It also houses a town hall and a virtual congress center for future meetings and conferences.
The World Economic Forum (WEF) on Tuesday unveiled a working prototype of its ‘Global Cooperation Village’ based on the Metaverse. Companies can be a part of this metaverse to innovate and create solutions to the world’s grand challenges. The prototype of WEF’s metaverse-based global collaboration village has been developed by technology companies Accenture and Microsoft. It also houses a town hall and a virtual congress center for future meetings and conferences.
Speaking on the occasion, WEF Founder and Executive Chairman Klaus Schwab said, “With the Global Collaboration Village, we are building the first public purpose-oriented application with Metaverse technology. We are creating a true global village based in a virtual world.” Built with public and private sector partners, the village will harness the cutting-edge capabilities of Metaverse technology and address big issues of our time in a more open, inclusive way, he added. And can be removed in a sustainable manner.
Accenture’s chairperson and chief executive officer, Julie Sweet, claimed that the metaverse will “massively transform every part of every business” by building a bridge between the digital and physical worlds. “Over time, this will enable companies to deliver innovative new consumer products and services, revolutionizing the way they manufacture and operate,” he said. Brad Smith, vice chairman and president of Microsoft, said, “Our believe that the metaverse has the potential to fundamentally change the way we communicate and collaborate. This will open the way to transcend the limitations of the physical world.
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