Polaris Office Accelerates Development of Metaverse and NFT Trading Platform... Signs MOU with Artizen

[Asia Economy Reporter Jang Hyowon] Polaris Office announced on the 22nd that it has signed a Memorandum of Understanding (MOU) with ARTIZEN, a metaverse and NFT (Non-Fungible Token) specialized company, to develop metaverse and NFT platforms and officially launch its blockchain business.

Starting with this agreement, Polaris Office and ARTIZEN will jointly develop a virtual collaboration space called the ‘Metaverse Office’ and an NFT trading platform. Additionally, they plan to collaborate on developing NFT coins using the IP (intellectual property) of games developed by Polaris Office’s subsidiary, I&V Games.

ARTIZEN is a metaverse and NFT specialized company that has received investment from Blockwater, a global major crypto-focused fund. Blockwater, which has also invested in the global blockchain game platform PlayDapp, is known to have decided to invest after highly evaluating ARTIZEN’s technical and business success potential as well as its potential for expansion into global business. ARTIZEN supports customized development guides and convenient development tools so that even non-experts can easily enjoy the metaverse and engage in creative activities, and is currently in the process of patenting related technologies.

To develop the ‘Metaverse Office,’ Polaris Office will provide document sharing and collaborative editing technology within the virtual space built by ARTIZEN. In particular, it plans to solve the biggest issue in online collaboration?security?by utilizing blockchain-based document security technology. They are also promoting the development of a robust document security service that manages document viewing and tampering records through a blockchain-based storage system.

Furthermore, by securing various game IPs including games from its subsidiary I&V Games, ARTIZEN plans to launch an NFT marketplace next year where NFT trading will be possible within the metaverse.

A Polaris Office representative stated, “We expect that the combination of Polaris Office’s document editing and sharing technology and ARTIZEN’s metaverse technology will create a new virtual collaboration space, the ‘Metaverse Office,’ focused on documents and work processing rather than avatars.” They added, “Through the development of the ‘Metaverse Office,’ which enables smooth collaboration without a physical offline office, we will provide an efficient and secure work environment in the era of remote work.”

They continued, “Moreover, by leveraging the strengths of both companies, we have decided to jointly research and develop various services and broadly expand our business,” and said, “We will develop new value and revenue models through continuous cooperation with ARTIZEN.”

This content was produced with the assistance of AI translation services.