JP Morgan Looking Forward to Testing ‘Immersive Training Applications’ of Metaverse

JP Morgan Looking Forward to Testing ‘Immersive Training Applications’ of Metaverse

The world of banking is gearing up to explore the use cases of up-and-coming technologies like Artificial Intelligence (AI) and the metaverse to benefit their present working conditions. JP Morgan, for instance, is excitedly looking to try out immersive training applications for new bank staff members, all through the metaverse…

Bharat Web3 Association Signs MoU with Maharashtra State Skills University to Grow Ecosystem

Bharat Web3 Association Signs MoU with Maharashtra State Skills University to Grow Ecosystem

As India braces itself to get its crypto laws hopefully in December, several states in the country are taking brisk steps to establish themselves as lucrative locations for Web3 entrants to set their shops. Recently, India’s crypto-focussed group of industry players called the Bharat Web3 Association (BWA) has signed an…

Growing Metaverse Platform Zep Chooses Near Protocol to Create Games, Boost Userbase

Growing Metaverse Platform Zep Chooses Near Protocol to Create Games, Boost Userbase

South Korean metaverse platform Zep announced a new partnership with Near Protocol. Using the Layer-1 blockchain platform Near Protocol, Zep aims to create online games in the metaverse ecosystem and onboard more users onto its platform. Zep is a joint venture between online game developer Supercat and creator platform Zepeto….

‘Discover India Through Digital Art’: Club Mahindra on its First Ever NFT Series

‘Discover India Through Digital Art’: Club Mahindra on its First Ever NFT Series

Club Mahindra, a travel and hospitality firm in India, has announced the launch of its first ever NFT series called ‘Discover India’. Built on the Polygon blockchain, this series of digital collectibles will be generated by Artificial Intelligence (AI), fusing paintings by international artists with must-visit destinations that the country…

Microsoft Shuts Industrial Metaverse Project Airsim to Focus on AI, Lays Off Team Members

Microsoft Shuts Industrial Metaverse Project Airsim to Focus on AI, Lays Off Team Members

Microsoft, earlier this week, sent an internal message to select team members notifying them that it was pulling down the shutters on its Airsim project. This industrial metaverse project was preparing to use AI-based drone simulation software to be part of its industrial metaverse vision. As per Microsoft’s blog published…

Web3 Firm Mixin Network Hacked, $200 Million Stolen in Centralised Exploit: All Details

Web3 Firm Mixin Network Hacked, $200 Million Stolen in Centralised Exploit: All Details

Web3 firm Mixin Network has officially informed its community members about a mega exploit that has drained $200 million (roughly Rs. 1,662 crore) from its account. The platform offers a decentralised wallet service, and it was launched in 2017 with a billion dollars worth of total value secured. Over the…

China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers

China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers

China’s tech giant Ant Group has launched a sub-brand called Zan, that will help blockchain developers bring out solutions for Web3. While China has maintained a stringent anti-crypto stance for two years now, some tech giants there have taken gradual steps to explore the use-cases of blockchain, which also makes…

Germany’s Lufthansa Airlines to Offer NFT Loyalty Rewards, Let Flyers Indulge in Web3

Germany’s Lufthansa Airlines to Offer NFT Loyalty Rewards, Let Flyers Indulge in Web3

Germany’s Lufthansa airline is planning to soon let its flyers collect rewards in the form of non-fungible tokens (NFTs) and engage with Web3. Lufthansa is rolling out a new loyalty programme, that will let flyers collect reward points in the form of NFTs trading cards. From business lounge vouchers, to…

Web3 Telco World Mobile Launches Service in US, UK, Australia: Here’s What Its About

Web3 Telco World Mobile Launches Service in US, UK, Australia: Here’s What Its About

World Mobile has launched its services in the US, UK, Australia, Canada, and Tanzania through an app first available to Android users. World Mobile is a network operator, that has integrated mobile network services with blockchain and crypto technologies, both of which are part of the Web3 family. Through its…

Microsoft, Aptos Labs Partner to Unite Web3, Artificial Intelligence: Details

Microsoft, Aptos Labs Partner to Unite Web3, Artificial Intelligence: Details

Microsoft and blockchain developer Aptos Labs have come together to use their expertise in bridging the gap between Artificial Intelligence (AI) and the blockchain technology. The buzz around combining Web3 and AI seems to be expanding all over the global tech industry. Nascent in existence, Web3 firms are looking to…