The present invention discloses an implementing method and system of visual mobile terminal panoramic video. The present invention acquires multiple video images in the range of 360-degree, performs a cylindrical coordinate switch to images, extracts characteristic points in the images, jointing and amalgamating the adjacent video images according to the characteristic points to form a panoramic view video image, and then outputs the obtained panoramic view video image, thereby realizing the panoramic view video image on visual mobile terminals. The present invention can make both parties of talking to observe true environmental information of each other within the scope of 360 degrees, makes full use of the visual technique provided by 3G network, and realizes the surface to surface dialogue scene in the real world.