European Commission to Unveil Vision for Metaverse and Web 4.0
The European Commission is gearing up to reveal its vision for the metaverse and Web 4.0, with a focus on virtual reality (VR) and virtual worlds. Thierry Breton, the European Commissioner for Internal Market, will present the Commission’s plans, aiming to position Europe as a leading force in the VR sector. The metaverse refers to a shared virtual space where people can interact, while Web 4.0 represents the next generation of the internet, incorporating immersive technologies like VR.
By outlining its vision for the metaverse and Web 4.0, the European Commission aims to establish Europe as a global leader in the VR industry. The plans are expected to emphasize the importance of innovation, research, and development in virtual reality technologies. With the metaverse gaining traction and immersive technologies becoming increasingly prevalent, Europe seeks to seize the opportunities presented by these emerging fields.
The metaverse and Web 4.0 have the potential to revolutionize various industries, including gaming, entertainment, education, and business. The European Commission’s vision is likely to highlight the transformative power of VR and virtual worlds, envisioning a future where individuals can engage in immersive experiences, collaborate remotely, and explore new possibilities. This forward-looking approach aligns with Europe’s ambition to embrace technological advancements and secure its position as a global innovation hub.
As the European Commission unveils its plans for the metaverse and Web 4.0, stakeholders across industries will eagerly await the details. The Commission’s vision is expected to shape policies, investments, and collaborations in the VR sector, fostering an environment conducive to innovation and growth. By embracing these emerging technologies, Europe aims to harness their potential for economic development, job creation, and societal advancement.
Source: LEAK: EU Commission to set out its vision on the metaverse, Web 4.0
