The metaverse is reshaping the operations and strategies of Chinese e-commerce platforms, as futuristic marketplaces are built that can better serve consumers' real and virtual needs, industry experts said.
The upcoming marketplace, whose name translates to "China Digital Asset Trading Platform," runs on the blockchain called the "China Cultural Protection Chain."
Discussion of the tech buzzword "metaverse" has been going on for some time, with the focus chiefly on its application in virtual games, online retail and social media. But now, the industrial metaverse has become the latest talk of the town, as it is seen as one of the most promising ways to revolutionize manufacturing in the years to come, experts said.