In an advance report, the Financial Services Commission (FSC) in Mauritius revealed plans to gather valuable inputs from key industrial players on the significance of incorporating the metaverse in the financial sector. With the rapid growth of the financial sector, the FSC…
On Tuesday, October 31, the German-based automation company Siemens entered into a partnership agreement with Microsoft to explore viable opportunities in artificial intelligence (AI) technology. The announcement revealed that Siemens and Microsoft will focus on developing AI assistive tools. The partnership coincided…
Coinbase, the largest crypto exchange by daily trading volume in the US, has issued a report outlining the future of the crypto sector. A statement by the chief executive of Coinbase, Brian Armstrong, highlighted the strategies the developers can utilize during the…
An announcement conveyed by the chief executive officer of Hive Digital, Aydin Kilic, revealed that artificial intelligence and blockchain technology have massive potential to transform the Web3 sector. The CEO stated that AI and blockchain are the core pillars of Web3 development….
A recent update issued by Neal Stephenson founder of Lamina 1 reveals that the firm will work closely with best-performing tech companies to launch an open metaverse. The report stated that Lamina 1 team would hire professionals from HTC, Mira and Qualcomm…
The leading consumer electronic company in South Korea LG has submitted a patent to the World Intellectual Property Organization (WIPO). The patent allows LG users to trade their nonfungible tokens (NFTs) on the TV set. The team behind LG’s latest development confirmed…
Many traditional investors consider Real estate a good investment. But what about digital real estate? NFTs (Non-Fungible tokens) representing virtual land have made headlines since the birth of the metaverse, with some selling for over a million dollars. Virtual land is the…
These days, metaverse technology is being discussed across the globe however it has become something more important for Siemens (an engineering platform based in Germany). After moving in line with its declaration of carrying out a partnership with Nvidia, which was witnessed…
Instant non-fundable tokens collecting and trading through the Launchpad application was made possible by the Opera Crypto Browser. According to the service’s administrator, S. Batt, the instrument won’t have any additional fees incorporated and its utilization costs and would let users openly…
Burberry, a fashion house based in the United Kingdom, recently introduced the latest capsule collection while partnering up with Minecraft. With this, the platform is developing a world comprising clothes to be worn not just during the catwalk but additionally during the…
Visa, a worldwide provider of payment services, has expressed ambitions to start providing services related to digital wallets. The fintech company has submitted trademark applications to utilize its name in software to access, store and view NFTs and crypto assets. Visa Moves…
On 23rd August, the municipal government of Beijing declared to initiate a 2-year program for development and innovation in the Metaverse space from 2022 to 2024 in which the entirety of the districts would need to abide by the exclusive innovation plan…
Juniper Research published unique research analyzing the non-fungible token (NFT) market’s trajectory during the coming 5 years. As per the study, the worldwide transfers dealing with NFTs will witness a boost from this year’s 24M to approximately 40M by 2027. One of…
The Hong Kong University of Science and Technology (HKUST) declared to organize the launch event of a virtual reality-based classroom on the Metaverse on 1st September. The event indicates the determination of HKUST’s strategy to advocate for additional learning via the construction…
KPMG, considered to be among the top 4 accounting companies operating within Canada as well as the U.S., has disclosed introducing its initial metaverse collaboration center to assist its consumers and employees in pursuing advancement opportunities within the digital zone. The platform…
A Brazilian university, the USP (University of Sao Paulo), reported that research will be done on the metaverse by the research groups that have an interest in human behavior and psychology, 3D modeling, as well as the efficiency of the devices related…
With a passion towards development of the future of the gaming space, investment firm Andreesen Horowitz recently revealed a massive $600Million fund, focused on the gaming industry. Introduction of the Games Fund One Andreessen Horowitz, popularly known as a16z recently revealed a…
Almost everyone is familiar with the name of the Zara fast-fashion brand. Zara has introduced its latest collection named Lime Glam. The customers can wear these garments inside the virtual world and also purchase them from stores. As wearable things instantly turn…
Ethereum witnessed some selling momentum within the past few days, but that didn’t mean an end to ETH’s upward actions. Instead, it was a slight plunge to $3,315 before the token launched another leg-up. Axie Infinity recorded a pullback towards a logical…
Formerly known as Facebook, Meta Platforms, Inc. has found itself in hotwater because the Australian Competition and Consumer Commission (ACCC) has decided to take the company to Federal Court. The competition regulator has alleged that the company, along with its branch in…
