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Our Metaverse project
Orbit World Metaverse is a metaverse project that we are working on that bridges the gap between customers and traditional forms of businesses within the metaverse. Our goal is to provide a realistic world that acts as your home away from home. When you enter Orbit World Metaverse, you’ll be stepping into a city where…
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AI can be used to detect the risk of developing multiple diseases
Scientists have developed an artificial intelligence (AI) tool capable of diagnosing and predicting the risk of developing multiple health conditions — from ocular diseases to heart failure to Parkinson’s disease — all on the basis of people’s retinal images. AI tools have been trained to detect disease using retinal images before, but what makes the…
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Deutsche Bank aims to enter the metaverse and engage with customers virtually
Buying clothes, going to the stadium or meeting friends – in just a few years, our leisure time could take place in the metaverse. Companies are already opening stores in the new virtual worlds to reach their customers on even more channels. With the help of artificial intelligence, they could soon be recommending products and…
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The UAE is launching Arabic AI software
An artificial intelligence group with links to Abu Dhabi’s ruling family has launched what it described as the world’s highest-quality Arabic AI software, as the United Arab Emirates pushes ahead with efforts to lead the Gulf’s adoption of generative AI. The large language model known as Jais is an open-source, bilingual model available for use…
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India is hoping to begin meaningful conversations on crypto regulations at the G20 summit
Indian Prime Minister Narendra Modi has called for global collaboration on formulating crypto regulations during the annual Group of 20 (G20) summit. As president of the G20, India has taken up the task of advocating for a comprehensive global framework for regulating cryptocurrencies. The G20 comprises 19 countries and the European Union, representing the world’s…
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Islamic Coin partners with Republic Crypto
Marking a new chapter in Shariah-compliant digital currency, Islamic Coin has partnered strategically with the esteemed Republic Crypto, a renowned web3 advisory division of the global digital finance trailblazer, Republic. At the crux of this collaboration is a mutual commitment to refining Islamic Coin’s market approach and ensuring its successful implementation. Moreover, the partnership’s scope includes specialized…
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China looks to utilize the metaverse
China wants to define how a new, promising technology called the metaverse works — and it is pushing proposals that bear an eerie resemblance to the country’s controversial social credit systems, proposals reviewed by POLITICO showed. The proposals, drafted by the state-owned telecoms operator China Mobile, floated a “Digital Identity System” for all users of online virtual…
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Singapore aims to support Web3 fintech solutions
The Monetary Authority of Singapore (MAS), the country’s central bank, has announced that it is committing up to 150 million Singapore dollars (around $112 million), to support various financial technology solutions like Web3. In an announcement, MAS highlighted that the funds will be spent in three years under its renewed Financial Sector Technology and Innovation (FSTI) scheme. According…
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How stablecoins can help small and medium enterprises
Small businesses in developing countries face many financial challenges that stablecoins can address. DLTPAY, a Web3 payment and DeFi platform, offers a unified solution to access stablecoin operations and other Web3 services. Small and medium enterprises (SMEs) serve as the backbone of global economic development, comprising 90% of all businesses and accounting for 50% of…
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