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PolyU and Accel Group establish Metaverse+ Joint Laboratory to promote the development and innovation of smart cities related fields

9 Aug 2023

Events Department of Computing

Ms Lillian Cheong, Under Secretary for Innovation, Technology and Industry (centre); Prof. Jin-Guang Teng, President of PolyU (4th from left); Mr Ko Lai-hung, Chairman and CEO of Accel Group (4th from right); Ms Iris Ping-fan Wong, Hong Kong delegate to the National People’s Congress (3rd from right); Mr Chan Han-pan, LegCo Member (3rd from left); Dr Miranda Lou, Executive Vice President of PolyU (2nd from left); Mr Jamie Wine-him SZE, Honorary Advisor, HK Federation of Fujian Associations (2nd from right); Prof. Li Qing, Chair Professor of Data Science and Head of the Department of Computing of PolyU (1st from left); and Mr Chi-shing HO, Board of Directors, The Hong Kong Green Building Council (1st from right) officiated at the kick-off ceremony.

Prof. Jin-Guang Teng said PolyU is committed to becoming an innovative world-class university and its contributions to blockchain technology and Web3 development have been widely recognised.

Mr Ko Lai-hung hopes to collaborate with academia by integrating Accel Group’s extensive industry experience and funding resources into research to promote the construction of a more competitive and sustainable Hong Kong with metaverse technology.


The Hong Kong Polytechnic University (PolyU) and Accel Group Holdings Limited (Accel Group) have established the “PolyU-Accel Group Metaverse+ Joint Laboratory” (Joint Lab). The Joint Lab aims to foster the research and application of metaverse technology in various sectors, accelerate the ongoing development of Hong Kong as a green and smart city, strengthen industry-academia-research collaboration and cultivate professional talents. The Accel Group plans to donate HK$10 million to PolyU in the next five years to support the project development and operation of the Joint Lab.

The kick-off ceremony was held today on the PolyU campus, officiated by Ms Lillian CHEONG, Under Secretary for Innovation, Technology and Industry; Prof. Jin-Guang TENG, President of PolyU; Mr KO Lai-hung, Chairman and CEO of Accel Group; Ms Iris Ping-fan WONG, Hong Kong delegate to the National People’s Congress; Mr CHAN Han-pan, LegCo Member; Dr Miranda LOU, Executive Vice President of PolyU; Prof. LI Qing, Chair Professor of Data Science and Head of the Department of Computing of PolyU; together with other guests.

Prof. Jin-Guang Teng said, “To better equip students for societal needs, PolyU has taken the lead in launching new Master’s degree programmes in areas including blockchain technology, metaverse technology, and artificial intelligence and big data computing. ‘Artificial Intelligence and Data Analytics’ (AIDA) and ‘Innovation and Entrepreneurship’ (IE) have also been incorporated into the undergraduate curriculum. PolyU is committed to becoming an innovative world-class university and its contributions to blockchain technology and Web3 development have been widely recognised. The University topped the ‘Best Universities for Blockchain 2022’ list by CoinDesk, and our scholars recently won the international ZPRIZE award to recognise the breakthroughs achieved by the team in zero-knowledge crypto technology in Web3.”

Dr KO Lai-hung said, “The establishment of the Joint Lab with PolyU will benefit the diversification of our business development and as such is a milestone in the Group’s process of technological innovation. We will cooperate with academia by integrating our extensive industry experience and leveraging our financial resources into research in order to propel the construction of a more competitive and sustainable Hong Kong with the utilisation of metaverse technology. Our Group will also seize the enormous business opportunities brought by the metaverse and actively apply innovative outcomes in our business so as to increase our competitive advantage and support our long-term development.”

The Joint Lab will conduct diversified research, including into the metaverse’s role in enterprise cooperation, industrial applications, green and smart city initiatives, energy management, and sustainable supply chain systems. It is expected that the establishment of the Joint Lab will improve production efficiency and quality while at the same time reducing risk and cost, accelerating the ongoing development of Hong Kong as a green and smart city, and cultivating professional talents. Weaving together the knowledge and research capability of academia with the experience and resources of industry, this collaboration between PolyU and Accel Group will further strengthen cross-disciplinary cooperation and explore the potential and value of metaverse technology in industrial applications and environmental protection.

 

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Press Contacts

Ms Samantha Leung

Executive Officer, Department of Computing

Press Contacts

Ms Angela Lui

Senior Manager, Communications and Public Affairs

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