WEF establishes purpose-driven metaverse to tackle world’s most pressing challenges

Updated: Jan 17 2023 4:16PM

Davos, Jan 17 (PTI) The World Economic Forum on Tuesday unveiled a working prototype of its Global Collaboration Village, a purpose-driven metaverse where organisations can convene to learn about, create solutions for, and take action on the world’s most pressing challenges.

It has been launched in partnership with Accenture and Microsoft.

“With the Global Collaboration Village, we are creating the first public purpose-oriented application of the metaverse technology, building a true global village in the virtual space,” WEF Founder and Executive Chairman Klaus Schwab said.      
“Supported by a unique range of partners from the public and private sectors, the village will use the frontier capabilities of the metaverse to find solutions for addressing the big issues of our time in a more open, inclusive and sustained way,” he added.