Page 58 - Citiverse Use Case Taxonomy Overview - Use Case Identification Track
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Economic Development, Education and Tourism
                                                                                                                                                                       Horizon
                                                                                                                                                                            2
     Digital Twins for Sustainable Economic Development




      Description                                                Example                                           Impacts                                      SDG Alignment
      What if we can make Virtual Actions have Real-             Madalia is the first Digital Twin with Land
      World Impact? It´s exactly what Digital Twins can          and Under Sea Structure of Madeira                    Sustainable            Decent
      bring to the economy. By replicating the real              Islands and surrounding ocean. This                    economic           employment
      world, both land and sea structures, Metaverse             fractal computing platform works as a                    growth           opportunities
      can be used to simplify testing, execute                   gateway for metaverse technology
      simulations,  play out risks and consequences              including XR, AI, Digital Twins, Virtual                                                                Target 13.3
      proactively and analyze possible outcomes. City            Reality and Blockchain, optimizing                     Reduced               Marine
      and business stakeholders can leverage these               experiences and delivering remote                     Inequalities         protection
      features in their decision making processes                computing power on a functional based
      scaling it up or down as they see fit before               method thus giving any device the power
      implementation and use it as a transparency tool           to access XR, Blockchain and AI of the              Climate change           Citizen
      .As this technology can be accessible anywhere,            highest quality as well as other high-tech             adaptation         Engagement
      anytime, on any device, it can serve as a gateway          processes in a simple and seamless way                                                             Target 14.1, 14.2, 14.7
      to the virtual world providing a simple and                accessible to all.
      sustainable path to use reality based immersive
      experiences, allowing user engagement in an                                                                 Risk Level
      highly personalized manner, materialize
      transparency of policy making, provide for better                                                               Public safety                Low        Medium       High
      informed choices and present  the impact of
      actions in the real world.                                                                                      Stakeholder acceptance       Low        Medium       High
                                                                                                                      Data privacy and security    Low        Medium       High

      Key Technologies                                                                                                Financial/operational        Low        Medium       High


        Digital     Metaverseerse   AR           VR        Blockchain      GAI           AI AI        IoT
                    M
                      etav
         Twin                                                                                                                                      itu.int/metaverse/virtual-worlds/
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