Dubai prepares to take its government into the metaverse

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The Dubai government is preparing to make some of its offices available in the metaverse, according to reports. The country is currently looking for third parties to help organize the transition of some of its departments to the virtual world, according to statements made during a metaverse event by Sharad Agarwal, director of the metaverse of Cybergear.

Dubai would have transferred government functions to the metaverse

Dubai, an emirate that is part of the United Arab Emirates (UAE), would bring some of its government departments into the metaverse, to allow users to perform actions in those facilities in the future. This would be the next step for the country, which has previously presented its Dubai Metaverse strategy to position this technology as an important part of the future of the emirate.

Sharad Agarwal, Metaverse Director of Cybergear, a Dubai-based Metaverse company, spoke about this process at a local Metaverse-themed event. He stated:

We started to receive many requests from government departments and ministries to make them compatible with Metaverse. It is only a matter of time before Dubai becomes the global crypto and metaverse hub.

However, building these areas and setting up their functions will take time. “It’s hard work, so you have to decide what services you want to offer and the business model, and then the community on board, just as it exists in the physical world,” Agarwal explained.

Countries betting on metaverse and apps

Dubai was one of the countries that put in place a global plan to make the metaverse a profitable industry in the future. The Dubai Metaverse Strategy, a set of guidelines aimed at having the metaverse contribute 1% to the country’s GDP by 2030, aims to provide 42,000 virtual jobs by the same year. Other countries like South Korea are also investing heavily in developing their own metaverse industry, allocating $177 million to the venture.

While some don’t see the appeal of the metaverse for Dubai, Agarwal explained one of the applications that the metaverse technology may have in the future: the real estate market. He stated :

Dubai has a huge real estate market. In the future, people can fly like a superman to a community, look at the villas and see the villas and also configure the interior decoration to their liking. Once they’re satisfied, they can pay digitally.

The country’s virtual asset regulator recently established its operations in the metaverse, being one of the pioneers in this space.

What do you think of the Dubai government establishing a presence in the metaverse? Tell us in the comments section below.

Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late in the game, entering the cryptosphere when the price surge happened in December 2017. Having a background in computer engineering, living in Venezuela and impacted by the cryptocurrency boom at social, it offers a different point of view. on the success of crypto and how it helps the unbanked and underserved.

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