Japanese giants such as Mitsubishi, Fujitsu and other technology companies want to build an interoperable metaverse infrastructure to provide a “metaverse economic zone” in Japan, called “Ryugukoku”.
On Monday, JCB, Mizuho, Sumitomo Mitsui, Mitsubishi UFJ, Resona, Sompo Japan Insurance, Toppan, Fujitsu, Mitsubishi Corporation and TBT Lab announced that they have signed an agreement to develop an open metaverse infrastructure.
A base for the “Japan Metaverse Economic Zone
Named Ryugukoku, the infrastructure will leverage the Pegasus World Kit metaverse framework developed by TBT Lab, according to a statement. It aims to integrate elements of an online role-playing game into an alternative world called “RPG” based on a unique fantasy worldview of its own.
In other words, it will serve as an interoperable foundation for the “Japan Metaverse Economic Zone,” an ecosystem of various metaverse-oriented services and platforms.
In response to the growing demand for DX using the virtual domain among businesses and government agencies, the companies that signed this agreement will integrate their respective technologies and services, including gamification, fintech and ICT, to build an open metaverse infrastructure,” Fujitsu wrote.
It is learned that the metaverse services included in Ryugukoku will take the form of a moving “city,” “castle” or “vehicle” in the virtual world. “Users will be able to enjoy an RPG-like experience by traveling through different domains and encountering a variety of content and services,” the Japanese firm says.
The initiative will be led by Hajime Tabata, the head of JP Games and ex-figure of the popular video game studio Square Enix.