Global companies Fujitsu and Mitsubishi will join forces for Japan-based metaverse project Ryugukoku.
Japan-based companies Mitsubishi and Fujitsu have focused on creating a “Metaverse Economic Zone” to create an open metaverse infrastructure for the country. Japan-based banking giant Mizuho is also involved in this move of global companies.
The name of this new project created by giant companies was determined as Ryugukoku. Ryugukoku brings companies together to create a common metaverse for knowledge dissemination, marketing and work style reform for local businesses.
Fujitsu and Mitsubishi Take Strong Steps to the Metaverse with Ryugukoku
A joint project was created in Japan for the purpose of the metaverse. A group of Japanese companies, including giants such as Fujitsu and Mitsubishi, focused on the “Metaverse Economic Zone” project to create an open metaverse infrastructure for Japan.
Companies participating in this project will integrate their technological structures and company services into the project in order to create the technical infrastructure of Ryugukoku.
Banking giant Mizuho, which is involved in the project, will provide infrastructure for “metaverse coins” in the Ryugukoku project. In addition, Mitsubishi will provide capacity for “Web3-type metaverse financial functions”. On the other hand, Sompo Japan Insurance will work on insurance and risk policy development for Web3.
This metaverse move by Japan’s largest companies also raises the question of what could happen in the future.
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