Bangkok Post Tech Conference 2022: Metaverse Technology

Metaverse technology is one of the hottest topics discussed worldwide, including in Thailand. To reflect the many opportunities that can be reaped from it, the Ministry of Digital Economy and Society (DES), together with executives of leading private companies, joined the Bangkok Post Tech Conference 2022, held on June 30, 2022, at the Centara Grand at CentralWorld from 12.30-16.30 hours. The event was simultaneously streamed online via the Bangkok Post Facebook page.
The assembled experts shared their visions and ideas on how Thailand can be an early adopter of metaverse technology to drive its digital economy and overcome unforeseen challenges like Covid-19 while also making the country less reliant on tourism.

Taking “Metaverse Gold Rush: An opportunity to Reshape the World” as its theme, the event was launched by Mr Worachai Bhicharnchitr, Vice Chairman of Bangkok Post Plc, who spoke of the great opportunities the metaverse represents. These opportunities including extended reality (XR) technology and 5G adoption are deemed crucial elements to support new-tech development and drive Thailand’s digital economy, he said. 
The event was sponsored by Bangkok Post Group, Huawei Technologies (Thailand) Co Ltd, Thonburi Healthcare Group, Translucia, Krungthai Bank and Kasikorn Bank. According to Digital Economy and Society, about 70% of the Thai public currently uses the internet. The country’s advantages include IT infrastructure development, applications developed by public and private sectors, and average fixed broadband internet download speeds of 308.35 megawatts per second (Mbps), ranking third globally. Moreover, businesses and individuals have fast-adopted digital platforms especially via ultra-fast, low-latency 5G networks.

Digital Economy and Society (DES) Minister Chaiwut Thanakamanusorn said: “The government has developed wireless broadband to drive the country forward so it can benefit from the advent of virtual reality, metaverse technology and the next evolution of the digital economy.” 

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