Finland Outlines an Ambitious Metaverse Roadmap

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    Finland has joined the race for Metaverse supremacy, releasing a strategy document to guide the country towards becoming a global leader in the Metaverse industry within the next decade.

    The strategy also outlines the country's aspiration to become a global champion of “digital rights and ethics in the Metaverse,” an area that remains unclear given the surfacing of allegations of abuse in the Metaverse. Needs attention.

    According to the roadmap, Finland is focused on cultivating fertile soil for start-ups and large companies to flourish, creating job opportunities and promoting economic growth.

    The strategy is expected to guide the country in implementing five types of policies. Metaverse in action programs namely, Business Network, Technology Enabler, Metaverse Society, Metaverse Health, and Industrial Metaverse.

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    Finland's Metaverse

    The strategy, titled “The Metaverse Initiative with the Finnish Ecosystem: Virtual Potential for the Real World,” envisions Finland becoming a world metaverse leader by 2035. The strategy also predicts that by then, Metaverse's annual sales will exceed her 30 billion euros. The ecosystem is estimated to include approximately 250 companies.

    The country lags behind countries such as the UK, China, Japan and the United Arab Emirates, which have already begun working on similar strategies.

    according to Euracticthese other countries have already started working on the strategy, but Finland will be the first Metaverse strategy by an EU member state.

    The European Commission published its strategy in July and uses the term. “Virtual world” Metaverse was seen as closely related to social media giant Meta (formerly Facebook).

    Several definitions of the metaverse have been proposed; Finland's Metaverse Strategy believes that it describes “various visions of virtual worlds that are immersive, experiential, and have the potential to incorporate elements of the physical and digital worlds.”

    Patrick Grady, editor of policy hub Metaverse EU, said Finland's “definition of Metaverse rather than virtual worlds helps clarify, rather than confuse, important elements of new immersive technologies.” That's my opinion.

    “The Metaverse is a new dimension of the Internet, and we need a strategy that reflects its potential and diversity.” Said Jani Vallirinne, Metaverse Strategy Leader at the University of Oulu and the Finnish VTT Technology Research Center.

    “We are looking for partners who share our vision and want to create a harmonious and impactful Metaverse strategy.”

    leave no one behind

    The strategy also focuses on inclusivity. Unlike other examples where the metaverse field is dominated by one or a few companies, Finn wants a “diverse and dynamic metaverse system” that connects different sectors, actors and domains. . ” This must be done without losing sight of the importance of regulation, cybersecurity, and education.

    Overall, Finns want a metaverse that is “inclusive and accessible to all people, regardless of their background, location, or ability, while also supporting startups and investors in a regulatory and funding environment.”

    “Together, we can build a better digital world for everyone,” said Valilyn.

    The country also emphasizes the importance of making people aware of Metaverse technology in order to “better educate the public about new opportunities in the Metaverse.” This forms part of the Metaverse in Action programme.

    Implementing this includes making the Metaverse accessible to everyone in “hubs, public libraries, and other public locations.”

    Furthermore, the strategy indicates that the Finnish education system plays a key role in this effort, citing the current Smart Cities Working Group and the University of Tampere.


    The Metaverse strategy also emphasizes Finnish values ​​such as cooperation with other countries.

    “Finland's geopolitical position among the world's superpowers allows it to balance the interests of different actors and regions and build mutual trust with other countries,” reads part of the document. ing.

    Finland is home to top companies in the augmented reality space such as Varjo, OptoFidelity and Dispelix, while also being home to important companies in the communications sector such as Nokia and Cinia. The company is known for its gaming, mobile technology and software innovations, as well as its “tradition in photonics research and consumer electronics design, particularly its XR technology.”

    This also forms the basis for collaboration between domestic companies.

    The document highlights the importance of various stakeholders “inextricably linked to the Metaverse, including software applications, networking technologies, advanced computing (including quantum technologies), artificial intelligence, fintech, gaming, and the Metaverse environment.” I'm emphasizing.


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