BTCPlayers reports that the authorities controlling the UAE’s healthcare sector have hired a firm to train doctors to provide virtual treatment to patients. However, the fee for doctors has not been fixed for this. This may be similar to the charges for consultation over the telephone. Thumbay Group plans to use technologies such as Artificial Intelligence, Augmented Reality and Virtual Reality to enhance the patient experience of the metaverse.
Recently, Emirates Airlines of the UAE forayed into the Metaverse and Non-Fungible Token (NFT) segments. Many countries in the Middle East are planning to connect their digital economy with the crypto segment. VARA, the recently created authority in Dubai to regulate the crypto segment, has started working on its presence in the metaverse. For this, VARA has partnered with the Metaverse-related firm Sandbox. VARA plans to create a virtual headquarters. It will be called MetaHQ. With this VARA aims to move forward in Web3. VARA also has the right to punish those who violate the new law related to crypto. Apart from imposing fine on violators, it can also shut down their business. Residents of Dubai must register with VARA before engaging in crypto-related activities.
VARA will be the first crypto regulatory authority to enter the metaverse. Sheikh Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, had said, “By augmenting VARA’s resources through the metaverse, Dubai is building a prototype decentralized regulator model. For this, authorities from various countries and industry experts are involved. will be invited.
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