South Korea and GSMA ink MoU towards a metaverse ecosystem cooperation

South Korea and GSMA ink MoU towards a metaverse ecosystem cooperation

The South Korean government has reportedly signed a memorandum of understanding (MoU) with the GSM Association, a global mobile network organization, to support their mutual interest in developing metaverse and its ecosystem, according to Lim Hye-sook, Minister of Science and ICT.

As per the agreement, the South Korean ministry will be sharing information on the country’s progress in the metaverse ecosystem with GSMA, who in return will be presenting South Korea to the association’s members and developers to help the country’s businesses seek further global opportunities.

Minister Lim made the announcement at the Mobile World Congress (MWC) 2022, organized by GSMA and taking place in Spain, where she said that she learned about the metaverse and how it is approaching the people’s daily lives in various ways, otherwise thought to be too distant and elusive.

Hye-sook also stated that during the four-day convention, she experienced a metaverse platform, the apps that work on it, as well as head-mounted display headsets.

The minister also met major Korean exhibitors’ representatives while visiting Barcelona, which included SK Telecom President and CEO, Ryu Young-sang and Samsung Electronics CEO, Han Jong-hee, as well as her American, Finnish, Indonesian counterparts.

Hye-sook also pledged to support a subway Wi-Fi solution, such as the wireless backhaul technology used in South Korea, during her talk with Johnny Plate, the Indonesian Minister of Communication and Information Technology.

The concept of a joint rural 5G network, a network sharing scheme for remote areas by South Korea’s three major telecom carriers- KT, SK Telecom, and LG U+, was also shared with the chairwoman of the US Federal Communications Commission (FCC), Jessica Rosenworcel. 

Rosenworcel and Lim have also pledged to offer mutual support at the upcoming election in the UN International Telecommunication Union, where Lee Jae-sup, Head of ITU Telecommunication Standardization Sector (ITU-T) is nominated for Deputy Secretary General.

Source credit: http://www.koreaherald.com/view.php?ud=20220303000886&np=1&mp=1