Wed, April 24

Erich Schmidt Former Google CEO Unclear of Metaverse Relevance

Schmidt recently discussed the metaverse at a conference in Colorado. South Korea stated in May that it would spend $177 million on metaverse platforms. Many businesses and organizations have already invested money in and bet on the expansion of the metaverse idea, but not everyone is persuaded. This latter group

July 4, 2022 1 min read

Leading Kuwait-based ‘Warba Bank’ Establishes Metaverse Presence

The bank would also integrate new technology, such as artificial intelligence. The advantages of digital services are now at the forefront of the banks efforts. The term “metaverse” is now one of the most used in the digital age. It’s a good idea to look at this new digital world

July 3, 2022 2 mins read

Meta (Facebook) Announces Shut Down of Digital Wallet ‘Novi’ Pilot

Novi’s “small pilot” was made available to Meta users in the United States and Guatemala. Facebook Pay was renamed Meta Pay last month. The pilot phase for Novi, Meta’s digital wallet and the only surviving element of its failed cryptocurrency project, has been canceled, per the report from Bloomberg. “As

July 2, 2022 2 mins read

Meta (Facebook) Users Will Soon Be Able To Deploy NFTs on Profiles

Meta Product Manager Navdeep Singh posted pictures on Twitter. Connecting crypto wallets with Facebook accounts will be possible in the future. There have been several changes to Meta’s main social network since it was once known as Facebook. The tech giant Meta (Facebook) is beginning with Ethereum and Polygon NFTs

July 1, 2022 2 mins read

HTC Launches Metaverse Phone With Built-in Wallet For Crypto and NFT

Users can wirelessly mirror content from the smartphone to the HTC Vive Flow VR headset. It offers a 6.6-inch Gorilla Glass display with 1080p resolution and 120Hz refresh rate. First HTC “Viverse” phone, meant to work with HTC’s metaverse platform and include crypto and NFT features, has been released. One

June 29, 2022 2 mins read

Catalonia Innovation Minister Reveals Plans for Creation of Metaverse

In order to have a significant influence on the financial industry, one must see how Web3 and platform adoption evolves, as well as how widely people use them in their everyday lives. Catalonia’s director-general for innovation, Daniel Marco, spoke at the European Blockchain Convention (EBC) 2022 about some of the

June 27, 2022 2 mins read

Chinese IT Giant Tencent Launches Extended Reality Unit For Metaverse

Tencent’s extended reality unit isn’t just another corporate unit. This new unit will contain all of Tencent’s projects to break into the metaverse. Chinese IT giant Tencent has taken another step toward entering the metaverse. According to Reuters, an extended reality unit has been launched by Chinese technology and entertainment

June 27, 2022 2 mins read

Mark Zuckerberg Said Metaverse Will Generate Massive Revenue

According to McKinsey & Company Metaverse will create $5 trillion by 2030. A metaverse standards forum was launched by Meta, Microsoft, and 31 additional firms. In a recent interview Mark Zuckerberg, the CEO of Meta Platforms, formerly Facebook, explained the metaverse with Jim Cramer. The co-founder of Meta (Facebook) stated

June 27, 2022 1 min read

Meta and Microsoft Are Founding Members of Metaverse Standards Forum

The Forum will concentrate on pragmatic, action-based initiatives. With the Metaverse Standards Forum, SDOs and corporations may work together. In order to establish the open metaverse, the Metaverse Standards Forum brings together prominent standards organizations and enterprises from throughout the sector. The lack of interoperability hampers metaverse adoption. The Forum

June 26, 2022 2 mins read

KPMG Enters Metaverse Sector With Collaboration Hub in USA And Canada

It is the next phase in the journey of both organizations to guide their staff and customers. The initiative aims to aid the increasing convergence of the physical and digital worlds. With today’s inauguration of the first KPMG metaverse collaboration hub, KPMG in the United States and KPMG in Canada

June 22, 2022 2 mins read