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Metaverse News Europe


Indonesia to build its own metaverse to promote local businesses

8/1/2022

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With a handful of regions making metaverse plays at a national level, the government of Southeast Asia’s largest economy has asked the state carrier to create a metaverse to support local firms.
In a bid to promote local firms that compete with foreign services and take back control from tech giants like Google (NASDAQ:GOOGL) and Meta, Indonesia has tasked its state carrier with exploring developments in the budding metaverse sector.
To this end, Indonesian multinational telecommunications conglomerate PT Telkom Indonesia has launched “metaNesia,” a metaverse world meant to help businesses adapt to the fast-changing online landscape. In a Sunday statement, State-Owned Enterprises Minister Erick Thohir reportedly said:
Don’t let other countries create a new world with their own payment system, while the market remains in Indonesia. Then we will regret it.

Although the details of the new initiative are still scanty, Thohir said that metaNesia would become a platform for Indonesia’s micro-, small, and mid-sized enterprises to showcase their products on the same playing field as larger foreign businesses. Additionally, organizations will be able to offer important social services like online health consultations on the platform, he said.The metaverse is expected to include a mall for shops, service centers, and entertainment, as well as a platform for metaverse events. Later this year, metaNesia hopes to host an NFT marketplace, esports functions, and virtual meetings.
Elsewhere in South Korea, the government wants to become the fifth-largest metaverse market in the next couple of years.

Full story here

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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022