Animoca Brands, The Sandbox Join Web3 Alliance Group in Saudi Arabia

Animoca Brands, The Sandbox Join Web3 Alliance Group in Saudi Arabia

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Saudi Arabia has launched a Web3 alliance group as part of its Saudi Vision 2030 program that aims to diversify the country’s economy. The newly construed Web3 Alliance of Saudi Arabia (WASA) will bring together players from the international Web3 industry. The group…

South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset Market 

South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset Market 

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates South Korea is collaborating with various internal authorities to develop its Web3 market. In a recent move, the Financial Services Commission (FSC) unveiled a roadmap to gradually integrate local corporations into the VDA market, which primarily consists of cryptocurrencies. Looking ahead, South Korea…

China Plans to Develop Blockchain-Focused National Data Infrastructure By 2029

China Plans to Develop Blockchain-Focused National Data Infrastructure By 2029

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates China’s government on Monday released guidelines for the development of a national data infrastructure, as part of efforts to improve its data exchange and management network. A document published by the National Development and Reform Commission and two other authorities states that China…

Explained: BWA’s ‘Cybersecurity and Fair-Trading Guidelines’ for VASPs in India

Explained: BWA’s ‘Cybersecurity and Fair-Trading Guidelines’ for VASPs in India

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The Bharat Web3 Association (BWA), a non-governmental crypto body comprising industry stakeholders, has released detailed guidelines to promote safe business practices for Web3 service providers in India. Chaired by former FICCI Secretary General Dilip Chenoy, the BWA unveiled two comprehensive sets of guidelines…

Meta’s Motivo AI Model Could Deliver More Lifelike Digital Avatars: Here’s How it Works

Meta’s Motivo AI Model Could Deliver More Lifelike Digital Avatars: Here’s How it Works

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Meta is researching and developing new AI models, that could have potential uses in Web3 applications. The Facebook parent firm has released an AI model called Meta Motivo, that can control the bodily movements of digital avatars. It is expected to make the…

Markets with Evolving Web3 Regulations Offer Exciting Opportunities: Ryan Sungho Kim at IBW 2024

Markets with Evolving Web3 Regulations Offer Exciting Opportunities: Ryan Sungho Kim at IBW 2024

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The Web3 regulatory landscape is preparing for significant reform, driven by Donald Trump’s shift in stance on the crypto industry. With Bitcoin surpassing $100,000 (roughly Rs. 84.6 lakh) shortly after Trump’s election win, Web3 stakeholders are optimistic. Speaking at India Blockchain Week (IBW…

Security Firm GoPlus Launches Web3-Focussed Extension on Chrome, Edge Browsers

Security Firm GoPlus Launches Web3-Focussed Extension on Chrome, Edge Browsers

Web3 security firm GoPlus has introduced a dedicated browser extension to enhance safety for the Web3 community. Based in the British Virgin Islands, the company has launched the GoPlus Security Extension, compatible with browsers like Google Chrome and Microsoft Edge. This move follows a surge in security breaches within the…

Ernst & Young Introduces Metaverse, AI to Its Hiring Process With New eVe Platform 

Ernst & Young Introduces Metaverse, AI to Its Hiring Process With New eVe Platform 

Ernst & Young (EY), one of the ‘Big Four’ consultancy firms, has integrated the metaverse element from Web3 into its hiring process. The London based firm, that also has offices in India, has launched a service called eVe, that essentially offers a warm-up pre-interview preparation for candidates applying for a…

What is Blockchain Gamification and How it Impacts Branding: Explained

What is Blockchain Gamification and How it Impacts Branding: Explained

The Web3 sector is teeming with thousands of products and services striving to engage a new generation of tech-savvy consumers, and blockchain gamification is one effective approach. This process involves incorporating interactive gaming elements to make non-gaming activities more engaging and immersive for users. The blockchain component enhances this concept…

Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why

Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why

The Emirate of Dubai, which in recent times has taken multiple measures to establish and promote itself as a hotspot of Web3 activities, is now identifying illegal crypto entities operating within its region. In the latest development, the Web3 governing body of Dubai has initiated an action against seven companies…