logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Industry

Nokia's Ambitious 2030 Strategy Aims for Metaverse Expansion

By Barry Stidham
Mar 4, 2024
4.5 
★
★
★
★
★
★
★
★
★
★
 93 User Rating
Share

Nokia, a leading telecom infrastructure company, anticipates a significant surge in network demand driven by forthcoming advancements in the Metaverse, Web3, and artificial intelligence (AI), and aims to address this increased demand by 2030. According to Nokia's 2030 technology strategy report, network demand is projected to grow by 22%–25% from 2022 to 2030, attributed to the mainstream adoption of generative AI and virtual reality devices.

To meet the evolving needs of emerging innovative markets, Nokia is strategically focusing on enhancing its network architecture and expanding its portfolio of network equipment and services in the coming years. One of Nokia's key strategic areas is the Internet of Value, emphasizing decentralization, blockchain, and smart contracts. Within the Metaverse domain, Nokia's focus will encompass human augmentation, spatial computing, and segmentation processing.

The company has outlined six ecosystems it aims to serve, including artificial intelligence, Industry 5.0, the application programming interface (API) economy, and the cloud continuum. With the establishment of laboratories dedicated to studying the Metaverse and its supporting technologies in 2022, Nokia has been actively pursuing initiatives related to industrial and large-scale Metaverse applications since 2023.

Utilizing network digital twin technology, Nokia has developed a future network architecture that leverages simulations of physical objects for prototyping and testing purposes. Notably, Nokia has implemented virtual universes in real-world applications, such as assisting Cessna aircraft technicians at remote airports in South Australia using 5G-connected Microsoft HoloLens for augmented reality guidance.

In parallel, Finnish scientists have conducted experiments involving digital twins referred to as "metahumans" to showcase the potential of the Metaverse in gamifying employee management compared to conventional optimization programs. These digital twins not only provide visual representations but also incorporate internal characteristics such as emotional and cognitive states. Real-world data gathered through digital twins in industrial simulations holds promise for informing optimal work strategies, enhancing safety protocols, and optimizing performance and output for on-site teams.


Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Biconomy
BiconomyBICO

$0.0182

+50.70%
Rats
RatsRATS

$0.00006279

+30.08%
Bitway
BitwayBTW

$0.1039

+29.10%
Core
CoreCORE

$0.0234

+22.98%
OVERTAKE
OVERTAKETAKE

$0.0393

+19.77%

Top Trending

View more
Rats
RatsRATS

$0.00006266

+29.83%
SK Hynix
SK HynixSKHYB

$140.170

-4.55%
Sandisk
SandiskSNDK

$1,281.19

+3.40%
Monero
MoneroXMR

$363.170

+0.05%
Zcash
ZcashZEC

$490.730

+4.01%

Recently added

View more
Grvt
GrvtGRVT

$0.2724

+11.01%
Direxion Semiconductor Bear 3X ETF
Direxion Semiconductor Bear 3X ETFSOXSB

$54.3400

+6.55%
VanEck Semiconductor ETF
VanEck Semiconductor ETFSMHB

$544.000

-1.11%
PayPal
PayPalPYPLB

$57.7100

+0.30%
Goldman Sachs
Goldman SachsGSB

$1,016.33

-0.52%

Learn

View more
  1. 1What Are ARC-20 Tokens? How Do ARC-20 Tokens Work?
  2. 2What Is the Usual Protocol? How Does Its Tokenomics Work?
  3. 3What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  4. 4What Is JPYSC? How Japan’s Regulated Stablecoin Works
  5. 5Are AI Agents Safe for Crypto? How to Secure Your Assets
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com