Home Blockchain China Mobile launches Metaverse Industry Alliance, involving tech giants like Huawei and Xiaomi

China Mobile launches Metaverse Industry Alliance, involving tech giants like Huawei and Xiaomi

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China Mobile launches Metaverse Industry Alliance, involving tech giants like Huawei and Xiaomi

Source: blockchain.news

On June 28, 2023 in Shanghai, China Mobile announced the formal establishment of the China Mobile Metaverse Industry Alliance during Mobile World Congress (MWC) Shanghai 2023. This initiative marks a significant advance in China Mobile’s strategic foray into the mobile industry landscape. rapidly expanding metaverse. .

Comprising 24 initial members including Huawei, iFlytek, Xiaomi and Mango TV, the alliance aims to foster collaboration, resource sharing and mutual development in the fields of metaverse content creation, XR devices, key technology and computer network.

Highlighting the inaugural event, alliance members such as Mango TV, iFlytek, BrightWeb, Unity China, HTC, Haima Cloud and Nolo VR participated in the establishment ceremony, signifying the first algorithmic network ecosystem alliance for the metaverse. .

To strengthen the efficient operation of the metaverse industry alliance, China Mobile also introduced a financing initiative that includes a fund and four supporting policies. The “Metaverse Investment Promotion Center” will be established under the China Mobile and Creation Fund, offering financial services to alliance members and supporting outstanding metaverse projects, technologies and enterprises.

In addition, China Mobile has introduced the first metaverse industry standard, leading the development of the first national XR GSXR device interconnection standard, which aims to guide the development of the XR industry and promote the construction of industry standards. from the metaverse.

Recognizing the metaverse as a crucial vector for the digital economy and the construction of Digital China, China Mobile envisions the alliance to promote the concept of standard co-construction, resource sharing and joint development for mutually beneficial growth in the digital economy. .

China Mobile is actively involved in cutting-edge technologies including block chain, Metaverse and Web 3.0. In April, China Mobile International launched the Hong Kong Web 3.0 Institute with the aim of increasing Hong Kong’s prominence as a key hub for Web 3.0 and Metaverse development.

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