South Korea’s Telecom Giant KT Unveils B2C Metaverse Platform March 15, 2023 March 15, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsMarch 15, 2023 by Kelly Cromley

South Korea’s Telecom Giant KT Unveils B2C Metaverse Platform

KT Corporation has released its metaverse platform, the “Genieverse.” By incorporating adaptive AI platform technology, the organization intends to include additional content to this virtual world, such as artificial intelligence (AI) motion dance and AI avatar messages. In the virtual realm, KT’s Genieverse is capable of rendering any housing framework a reality, and this represents a few of the aspects you should investigate. The South Korean telecom behemoth announced the release of the beta variant of its business-to-consumer (B2C) Genieverse metaverse platform on Monday.

According to The Korea Economic Daily, there exists an aspect known as the AI home duplicate, which is an innovation that can build buildings based on blueprints. This allows the user to construct a residence on the metaverse with ease. Additionally, users can select from a thousand distinct products to customize their own identities. Downloading the application from the Apple App Store or Google Play Store is all that is required for users to access Genieverse.

According to Aju Business Daily, users must submit their phone numbers in order to converse and engage with their actual peers who are also using the platform via avatars. This feature distinguishes GenieVerse from various other metaverse platforms in that customers can interact with their real-world peers, whereas in various virtual worlds they predominantly partake in actions with strangers.

The president of the KT Institute of Convergence Technology, Kim Yi Han, stated in a press release, “We will attempt to offer a variety of services by integrating KT’s AI technology with media information.”

In the meantime, numerous Korean technology companies are establishing their in-house metaverse platforms, with Generation Z as the most web- and technology-savvy demographic. KT’s competitor, SK Telecom, also has its own ifland metaverse, which is currently being enabled in several nations.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.