Home News Baidu metaverse app would take 6 years for a full launch

Baidu metaverse app would take 6 years for a full launch


According to a senior official at Baidu, the Chinese internet giant does not intend to completely deploy its XiRang metaverse app anytime soon, despite the fact that the app’s initial release was set for Monday.

According to CNBC, Baidu vice president Ma Jie estimates that a full rollout of XiRang will take another “negative six” years. He mentioned that the app’s development began in December 2020.

Ma spoke about Baidu’s forthcoming annual developers’ conference, “Create 2021”. Which the firm touts as the first Chinese conference to take place in a metaverse space via XiRang. During the three-day conference, which begins on Monday, the software is expected to manage up to 100,000 virtual members engaging with each other using metaverse avatars.

According to the executive, Baidu plans to create an open-source platform for metaverse developers. Which will serve as building infrastructure in the virtual world.

Despite its focus on digital infrastructure, Ma explained that Baidu’s metaverse app will not enable digital currency or trading assets related to virtual property. Despite the fact that XiRang uses underlying technologies that are similar to blockchain, he added. The move is in keeping with China’s recent announcement of a renewed ban on cryptocurrencies. Which made in September 2021.

Other Chinese companies are working on metaverse technologies

Baidu, China’s largest internet search engine company, entered the metaverse business in October 2021. By filing a trademark application for the term “metapp”. The company then introduced XiRang, which translates to “Land of Hope”. As its first metaverse software. With some of the first virtual XiRangs supposedly becoming available for users as early as November.

Baidu isn’t the only Chinese corporation working on metaverse technology; local behemoths Tencent and Alibaba are also working on metaverse-related projects. The China Institutes of Contemporary International Relations, a research tank linked with China’s Ministry of State Security, issued an official warning of the Metaverse’s national security threats in early November, citing potential political and social difficulties.

Previous articleJust 1.3 million Bitcoin left circulating on crypto exchanges
Next articleDfinity’s Internet Computer Opens Ethereum Bridge