• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Investing Oorbit partners LG to bring metaverse games to smart TVs
Investing

Oorbit partners LG to bring metaverse games to smart TVs

by January 5, 2023
by January 5, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Oorbit, a metaverse platform focused on advancing interoperable gaming across 3D virtual worlds, has partnered with South Korea conglomerate LG Electronics to bring metaverse games to smart TVs.

In an announcement on Thursday, Oorbit revealed that the partnership aims at promoting the adoption of blockchain and immersive games on LG TVs. The plan is to make such experiences seamlessly available to the consumers, with interoperable interactions in the metaverse as easy as using the household smart TV.

Metaverse boost at CES 2023

According to the Oorbit team, the collaboration with LG comes at a time when the metaverse is getting a lot of attention from across the board. This includes featuring prominently at the CES 2023, a global tech event that started on January 5, 2023 and will end on January 8, 2023.

Announced just in time for #CES2023, we’re excited to announce that we have partnered with @LGElectronics to bring interoperable gaming and social experiences directly to your LG Smart TVs.

READ: https://t.co/nppJZe650B

— Oorbit (@OorbitOnline) January 4, 2023

Commenting on the development, Oorbit co-founder and CTO Pooya Koosha said in a statement:

“Our proprietary technology is the connective tissue that links virtual worlds together and makes it easy for developers and brands to bring their experiences into the metaverse. Scaling our technology for millions of LG TV customers is the next step in making the metaverse accessible for all.”

With the partnership, Oorbit users are set to tap into cloud streaming technology to experience interconnected virtual worlds. That will include benefiting from offerings such as attending virtual concerts and AI generative multiplayer games.

Translatable digital identity

To help users enjoy seamless experiences across the metaverse, Oorbit is working with LG to offer a persistent digital identity to consumers.

This means those with smart TVs can access different virtual world experiences with the same device they own. Users are thus not just benefiting from interoperable purchases, but mass adoption of the technology also becomes a reality.

Ash Koosha, CEO of Oorbit, commented:

“Imagine playing with a map you bought for one game and taking that same item into a concert where it becomes your backstage pass. Translatable digital ownership is possible with virtual worlds that are connected through Oorbit…”

The post Oorbit partners LG to bring metaverse games to smart TVs appeared first on Invezz.

You Might Also Like
  • 7 Skills You Have To Master To Play In The Asset Management Space
  • FedEx is ‘setting the bar pretty low’: Expert
  • Disney shares could rally up to 45% in 2023: Wells Fargo
  • Balfour Beatty stock: A good buy after guidance boost
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Cavli Wireless Brings the Next-generation CAT1.bis Module C16QS
next post
Chesapeake Energy stock has ‘tremendous upside’ despite falling natural gas prices

You may also like

Pinduoduo at the blink of a breakout to $100. What...

November 23, 2022

Should you buy JPMorgan stock after its Q4 earnings?

January 13, 2023

World Cup shock dumps Argentina token

November 24, 2022

PageGroup share price recoils after Robert Walters warning

January 10, 2023

Is it safe to buy Lazard stock in 2023?

January 2, 2023

Five Below breaks out. Here is the next target for...

November 25, 2022

Netflix ad-supported tier is not off to a great start:...

December 15, 2022

Circle cancels plans to go public amid return to profitability

December 5, 2022

Justin Wolfers: “Inflation has clearly peaked”; CPI at 7.1%

December 13, 2022

Houlihan Lokey: The best bank stock to buy in 2023

December 20, 2022

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,308 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    The digital pound will not track...

    January 10, 2023

    Nikkei 225 price forecast for 2023...

    November 29, 2022

    Netflix stock is the ‘best recession...

    December 12, 2022
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here