Disney Moves Toward the Metaverse With Approved US Patent to Create a "Virtual-World Simulator"
A recently discovered patent shows the American multinational entertainment and media conglomerate, Walt Disney Company, was approved by the United States Patent and Trademark Office (USPTO) for a “virtual-world simulator” patent. The simulator is composed of a “three-dimensional (3D) map of the geometry of the real-world venue.” Disney’s Virtual-World Simulator Patent Follows Bob Chapek’s Discussion About the Disney Metaverse
Disney’s interest in the metaverse and blockchain technology has been showing recently as a recent patent approved at the end of December reveals the entertainment giant filed for a “virtual-world simulator” concept.
The virtual-world simulator patent follows Disney CEO Bob Chapek’s earnings call in November when he explained the firm is ready for “our own” metaverse. Chapek also highlighted that Disney was always at the forefront of the latest technologies.
“The Walt Disney Company has a long track record as an early adopter in the use of technology to enhance the entertainment experience,” Chapek remarked during the earnings call. The Disney CEO added: Our efforts to date are merely a prologue to a time when we’ll be able to connect the physical and digital worlds even more closely, allowing for storytelling without boundaries in our own Disney metaverse, and we look forward to creating unparalleled opportunities for consumers to experience everything Disney has to offer across our products and platforms, wherever the consumer may be. Cloning One of Disney’s 12 Theme Parks, Lost Sales From the Pandemic, Disney Says It Has “No Current Plans” to Launch the Virtual World
The United States Patent #11,210,843 filed by Disney explains that the virtual-world simulator features a computing protocol that includes a hardware processor and memory storing the software code. The protocol also tracks the user via a computer or handheld device in order to execute actions with the map of a geometry of a real-world Disney venue. United States Patent #11,210,843 filed by Walt Disney Company.
The control or handheld device is able to “simulate a virtual-world by conforming the identified one or more virtual effects to the geometry of the real-world venue from a present vantage point of the tracked moving perspective.”
Essentially, the technology is a clone of one of Disney’s 12 theme parks located all around the world. The company may be headstrong in delivering a virtual experience to make up for the lost revenue stemming from physical theme park closures to visitors due to the Covid-19 pandemic.
According to statistics from February 2021, Disney lost $2.6 billion from the loss of sales during the pandemic and the firm just recently started turning a profit again in August 2021. However, Disney may be keeping the virtual-world simulator concept on the back burner, as the company told the Los Angeles Times it has “no current plans” to launch the virtual world. Tags in this story 12 theme parks, blockchain technology, Bob Chapek, clone, COVID-19, Disney, Disney blockchain, Disney CEO, Disney Metaverse, Disney NFTs, Metaverse Disney, pandemic, Patent, real-world Disney venue, sales, USPTO, USTPO, virtual Disney venue, virtual-world simulator, virtual-world simulator patent, Walt Disney Company
What do you think about Disney’s recently approved patent for a virtual theme park world? Let us know what you think about this subject in the comments section below. Jamie Redman
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Defi Kingdoms Reaches Record Activity Levels on Top of Metaverse Push METAVERSE | 7 days ago Retail Giant H&M Debunks Rumor of Store Opening in Metaverse, Collaboration With Ceek METAVERSE | 7 days ago
Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleNemus Launches Platform to Bridge the Gap Between Blockchain and Land Conservation Next articleAscendEX Lists Pollen Token, PLN Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItEthereum Has Burned 1.2 Million ETH in 4 Months, Close to $5 Billion in Ether Destroyed
With three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in value in 12 months. 145 days ago, on August 5, ... read more.Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’ Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin Million-Dollar Digital Collectibles: An In-Depth Look at the Top 10 Most Expensive NFTs Sold This Year