Indonesia launches own metaverse to promote its small businesses


Details are scant on how metaNesia will operate and what its scope will be. — Vr glasses photo created by Lifestylememory - www.freepik.com

Indonesia has tasked the state carrier with creating a metaverse to promote local firms that compete with foreign services, its latest effort to take back control of the Internet from Google and Facebook.

PT Telkom Indonesia launched "metaNesia,” a virtual world meant to help Southeast Asia’s largest economy adapt to the fast-changing online landscape frequented by its young population, State-Owned Enterprises minister Erick Thohir said in a statement.

"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,” he said on Sunday.

Details are scant on how metaNesia will operate and what its scope will be. Thohir said it will act as a platform for Indonesia’s micro-, small, and mid-sized enterprises to showcase their goods on an equal footing with larger foreign businesses. Organisations will also be able to offer crucial social services like online health consultations to more people on metaNesia, he said.

The service includes a Metaverse Mall to feature shops, service centres and entertainment, as well as a Metaverse Concert for events. It aims to host an NFT marketplace, virtual meetings, and even yoga and esports functions later this year. – Bloomberg

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Metaverse

   

Next In Tech News

Trump media shares gain as it alerts Nasdaq of 'potential market manipulation'
Apple's offer to open up tap-and-go tech to be approved by EU next month, sources say
Dutch privacy watchdog recommends government organisations stop using Facebook
Nigerian court adjourns Binance and executives' tax evasion trial to May 17
Pornhub, XVideos, Stripchat face strict EU rules, Commission says
India's Wipro scrapes past lowered revenue expectations, prioritises growth pick-up
Japanese doctors demand damages from Google over ‘groundless’ reviews
Meta releases beefed-up AI models
Netflix slides as move to end sharing user count sparks growth worries
Explainer-Bitcoin's 'halving': what is it and does it matter?

Others Also Read