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YELO cooperates with KIOS to build digital infrastructure

25 November 2021 14:40

JAKARTA - PT Yelooo Integra Datanet Tbk (YELO), a technology issuer in the field of communication technology equipment rental services, officially cooperates with PT Kioson Komersial Indonesia Tbk (KIOS) in order to build digital infrastructure. This step was taken to assist micro, small and medium enterprises (MSMEs) on boarding to Metaverse technology. Through this collaboration, the two companies hope to accelerate the application and use of Metaverse technology in Indonesia.

The President Director of YELO, Wewy Suwanto stated, "Internet infrastructure is crucial in preparing MSME entrepreneurs to welcome the Metaverse technology era. For this reason, the two companies collaborated to collaborate on their respective expertise in the digital world.

“In the world of Metaverse technology in developed countries, internet infrastructure is no longer a problem. Meanwhile, in developing countries such as Indonesia, especially in tier-2 and tier-3 cities, it is still an unresolved issue due to the vast geographical conditions. The company is committed to building fiber optic-based internet infrastructure with high speed and affordable costs for all levels of society," he said.

For information, Wall Street analyst Morgan Stanley* said, Metaverse has great potential in the future. Metaverse itself can be interpreted as a digital reality that combines aspects of social, gaming, augmented reality (AR), virtual reality (VR) and cryptocurrency. Users in it are free to interact virtually, have meetings, work, or play. (LM)

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