Changwon, a South Korean coastal city on the southeast end of the peninsula, aims to exhilarate its industrial network in the metaverse to develop its businesses and products.
The project will take advantage of the digital twin technology, which will build a virtual model that is an exact copy of a physical object to build an inch-by-inch copy of the physical complex. Changwon’s metaverse industrial complex will also be used to test out and predict future developments in digital art, technology, and the environment.
The moderate-sized industrial city with a population of a little over a million boasts 2,871 businesses as tenants in the industrial complex, which in total staffs 122,625 people, according to the city’s official website.
“The city of Changwon will win the first position in the fourth industrial revolution through focusing on rebuilding the industrial structure with mobility, artificial intelligence, hyper-connection [technology], and more,” said Changwon mayor Hong Nam-pyo at Changwon’s digital platform conference last Friday.
The city will allocate 13 billion Korean won (about US$9.07 million) to build the industrial complex in the metaverse under the administration of the Korea Land and Geospatial Informatix Corporation, which is under the Ministry of Land, Infrastructure and Transport.
Changwon’s metaverse project isn’t the first major case in South Korea that has employed key technologies in Web3 to nurture the local life and economy.
Seoul, South Korea’s capital city, last year stated a five-year plan to build a replica of the mega city on the metaverse to provide another avenue for citizens to access municipal services, and promote virtual tourism. The Seoul metaverse launched a beta test run of its first stage last month.
This news is published and verified by the NFT News media team.
2 thoughts on “South Korea’s Industrial City Is Revamping Itself In The Metaverse”