How did “Metaverse” become a hot word for “breaking the circle” across multiple levels of technology, finance, and society?

Recently, “Metaverse” has been written into the “14th Five-Year Plan for the Development of Shanghai Electronic Information Industry”. The plan proposes to strengthen the forward-looking research and development of the underlying core technology and basic capabilities of the “Metaverse”, promote the development of new terminals that deepen perception and interaction, and the construction of systematic virtual content, and explore industry applications. In order to further explore the development relationship between “Metaverse” and “Shuzhi Shibei”, and to optimize and strengthen the industrial characteristics of “cloud, data, intelligence and chain”, on January 21st, the Metaverse Industry Symposium was held in Shibei High-tech Park .

How did "Metaverse" become a hot word for "breaking the circle" across multiple levels of technology, finance, and society?

How did “Metaverse” become a hot word for “breaking the circle” across multiple levels of technology, finance, and society? At the meeting, a number of important guests from the industry, education, and finance circles brought the theme of the “Metaverse” from multiple perspectives and angles, focusing on the origin, background, industry status, and future trends of the “Metaverse”. share.

Industrial Opportunities Brought by ” Metaverse “

Zhang Liangwei, Co-Director and Managing Director of Soochow Securities Research Institute, sorted out the core features, technical elements, and industrial development trends of the “Metaverse” for the guests in the opening sharing.He said that the boom brought by the “Metaverse” will promote the rapid development of underlying technologies and bring development momentum to related industries. In addition, the “Metaverse” will also open up new imaginations in the fields of virtual humans, exhibitions, industrial manufacturing, design planning, and public services.

How did "Metaverse" become a hot word for "breaking the circle" across multiple levels of technology, finance, and society?

From the digital age to the ” Metaverse ” age

Li Hui, chairman of Shanghai Fengyuzhu Culture Technology Co., Ltd., mainly introduced the company’s new exploration from the digital age to the “Metaverse” era, and shared the company’s cases of “Metaverse” technology and scene applications. He said that the company has now made an in-depth layout of the “Metaverse” segment, established a “Metaverse” track subsidiary, invested in companies in the fields of VR, pan-entertainment, and digital collections, and will focus on the development of 3D virtual buildings and the construction of digital public spaces. Continue to move towards the new position of “Metaverse planner”.

How did "Metaverse" become a hot word for "breaking the circle" across multiple levels of technology, finance, and society?

The development trend of ” Metaverse “

Dr. Xiao Feng, chairman and general manager of Wanxiang Blockchain, focused on the three key words of “WEB1.0”, “blockchain” and “Metaverse”, and introduced the underlying logic behind it in simple terms. He pointed out that the “Metaverse” not only breaks the constraints of time and space in real life, but also breaks the constraints of physical properties. At the same time, the commercial nature of “Metaverse” may bring exponential growth to future commercial development, but there are still many problems to be solved in terms of management system, ethics, legal supervision, etc., which need to be paid attention to by relevant departments .

How did "Metaverse" become a hot word for "breaking the circle" across multiple levels of technology, finance, and society?

Governance of the ” Metaverse “: Prospects for Agile Governance in the Future Digital World

Zhao Xing, Ph.D. supervisor and deputy director of the Department of Economics and Management of East China Normal University, shared content from the academic level, and said that the research on “Metaverse” has been around for nearly 20 years. At the same time, he pointed out that the theory of “agile governance” can be used to face key risks in the development of the “Metaverse”. From the perspective of this theory, the effective regulation of the mechanism, the high integration of intelligence and the dynamic coordination of government, industry and academia form a synergy, which can transmit the power of government wisdom from the top down and release the innovation vitality of the industry from the bottom up. “Agile governance” is expected to provide important new ideas for the government’s “Metaverse” industry development policy formulation and management regulations.

How did "Metaverse" become a hot word for "breaking the circle" across multiple levels of technology, finance, and society?

Fusion: The Exploration of the Known and the Unknown

Liu Wencai, Senior Vice President of Haitong Creative Private Equity Fund Management Co., Ltd., introduced the CCTV Convergence Media Industry Investment Fund, the first national-level industrial investment fund with the theme of media integration, with Haitong Creative as the executive partner. He said that the establishment of the fund effectively conforms to the country’s policy orientation and the development trend of the times for the development of the digital economy. As one of the first demonstration bases of ultra-high-definition video industry in Shanghai, Shibei High-tech aims at cutting-edge technologies such as 5G+8K ultra-high-definition video, and catalyzes the upgrading and fission of the ultra-high-definition video industry.

How did "Metaverse" become a hot word for "breaking the circle" across multiple levels of technology, finance, and society?

A Preliminary Probe into the Bottleneck of ” Metaverse ” Industrialization

From the perspective of the industry, Duanmu Haiying, deputy secretary general of Shanghai Multimedia Industry Association, objectively analyzed the supporting technologies and main bottlenecks of the “Metaverse”. She said that Shanghai should continue to make efforts in the advantageous industries of integrated circuits, 5G, and XR (VR/AR/MR), adhere to the principle of “internal education and external introduction, and market verification”, open up a number of scenarios, create a number of demonstrations, and establish A batch of platforms and a batch of standards are formed, which in turn effectively promotes the coordinated development of “cloud, tube, terminal, network intelligence”.

How did "Metaverse" become a hot word for "breaking the circle" across multiple levels of technology, finance, and society?

At the same time, innovative system builders from Microsoft China, Tianyi Digital Life, a subsidiary of China Telecom, and Cognitive Intelligence, Huayuan Computing, Xinlian Information with information resource management as the core, Rheinland, a leading international technology service provider, The pilots of the low-altitude digital economy passed through Qianji and other representatives of more than ten companies, based on actual observations, and shared relevant thoughts and suggestions. Some companies said that Shanghai has significant industrial and resource advantages, and it is necessary to seize the beginning of the next-generation Internet and create a new strategic highland. Some companies said that they should strive to play a key role in the development of the “Metaverse” pan-entertainment platform on the basis of their existing business. Some companies said that through the strength of the MIT team, material data collection and physical engine research and development have been realized, filling the gaps in related fields.  

As one of the first digital transformation demonstration zones in Shanghai, Shibei High-tech is making every effort to build a pilot data flow pilot based on a trusted digital base, speed up the realization of data life cycle management, break down data barriers, and promote the digital transformation of the park. At the same time, in the future, it will better grasp the empowering role of “Metaverse” technology, and promote the park to seize the opportunity in the new industrial track and establish development advantages.

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