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Tag Archives: China

China Discusses Metaverse for the First Time at the National Level

Mar 8, 2022

The subject of Metaverse was discussed for the first time in China at the national level during the latest “Two Sessions”, an event that is held once every year in the country. The interests of the majority of the delegates at the event revolved around regulation to ensure data security and ...

Carbon Emission Risen Since China’s Crypto Mining Ban – Study

Mar 4, 2022

Olusegun Ogundeji

China’s exit from the cryptocurrency mining space may not have abated the carbon footprint left behind by the industry, a new study has suggested. Rather, it has increased the emission since China - which used to have the largest concentration of crypto miners - banned related activities last ye...

How Metaverse in China will be Different From the Rest of the World

Mar 2, 2022

The Metaverse is experiencing a rapid increase in awareness and development. While parts of the western world appear to be at the forefront in pursuing the Metaverse development, China, like in many other areas of technological advancements, is joining the trend. Metaverse development in C...

Here Are The Top Five Metaverse Companies in China

Feb 24, 2022

There is a keen interest in the Metaverse from Chinese tech investors. Developments around the innovation are moving at a fast pace with over a thousand Metaverse applications already submitted. Games, remote working environments, and other forms of virtual interactions have been the attractio...

The Chinese Government Approves NFTs on One Condition

Feb 17, 2022

The government of China has provided clarity over its regulatory allowances concerning the trading of NFTs. In what is perceived as conditional approval, China will permit only NFTs that run on the BSN Open Permissioned Blockchain (OPB).  There will be a total of ten permissi...

China’s Major Cities are Embracing the Metaverse

Feb 17, 2022

There is a clear objective across some major cities in China towards the adoption of the Metaverse. Down to the grassroots, local governments are taking the initiative and launching into the emerging tech space mainly for economic development. These efforts are shooting China into the forefron...