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A Memorandum of Understanding has been Signed
Jordan Airmotive, or JALCO, has signed a Memorandum of Understanding with LivaatVerse, the Arab’s first Metaverse platform. Per the agreement, JALCO officially announces its step into the Metaverse by building a Digital Twin of its headquarters using the technology of LivaatVerse.
Mr. Mahmoud Bashir, CEO of JALCO, stated that “JALCO will carry on this path to be a pioneer in leading the aviation sector’s companies towards the future. This step lines up with the company’s strategic vision to be the region’s first company, and among the leaders internationally, to step into the Metaverse.”
Mr. Walid Hamdan, CEO, and partner, of UBITC Group, confirmed that, through this step, JALCO will play an important role in developing the infrastructure for the aviation sector and transferring it to the smart and sustainable future, in line with the future stages and rapid development. Where training platforms will be established for this sector in the near future based on simulation technology of reality, so that they are in a safer environment, and expand the segment of people with their ability to carry out training and interact from all parts of the world.
On his turn, Mr. Mohamed Ismail, co-founder of Ultra Brains Investment & Trading (UBITC); the owner and developer of Livaatverse, added “Jalco’s presence in the world of LivaatVerst will be the support that companies in the aviation sector need to keep abreast of the latest and most advanced technological breakthroughs and utilize these breakthroughs to build fast and sustainable communication and interaction means, supported by virtual reality, augmented reality, and artificial intelligence technologies, to facilitate the work of individuals in charge in this sector.“
It is worth noting that LivaatVerse was created to be a real metaverse to serve the community and that UBIT has come a long way in building the infrastructure for the Metaverse, as it consists of a number of integrated units that are based on supporting and managing this virtual world, of which JALCO will be a part of per the signed agreement.