Dubai, part of the United Arab Emirates (UAE), plans to open representative offices of some governmental organizations in the metaverse.
State agencies and ministries in Dubai may soon get representation in the metaverse to provide their services in virtual space. Sharad Agarwal, CEO of the metaverse development company Cybergear, made this announcement, local media reported.
At the MetaDecrypt Web 3.0 summit, Agarwal said that government departments and ministries are interested in providing services in virtual space. Industry members are currently looking for third-party companies that are able to implement branches of some government departments there.
Thanks to the UAE government’s commitment to making Dubai the blockchain industry hub, according to Agarwal, “it is only a matter of time before Dubai becomes the world’s crypto and metaverse hub.” And once the UAE government approves the Dubai Metaverse, everyone can visit state offices in the metaverse and make transactions.
The Dubai Metaverse was initiated in May by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and First Deputy Chairman of the Dubai Council. He tasked a committee to strategize its development. The Sheikh said that the metaverse would strengthen Dubai’s position as a global center of new technologies. Metaverse technology is also expected to add about $4 billion to Dubai’s economy and provide about 42,000 virtual jobs by 2030.
The prospects of the metaverse are estimated by the governments of many countries. For example, the authorities of Catalonia are planning to launch their own Cataverse, and the Central African Republic authorities are going to create a virtual economic zone in the metaverse — The Crypto Island — as part of the Sango crypto hub project. The Metaverse R&D Center in Australia is scheduled to be launched in November this year.
