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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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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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Universities can nurture Web3 talent but need to understand how to cultivate it
Universities have a “critical” role to play in nurturing the next generation of Web3 talent, and academia must understand it to guide students toward the right vision, according to Czhang Lin, an IC board member of Web3 venture fund LBank Labs. On Aug. 2, the venture capital firm announced the winners of its Summer Bootcamp…
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The UN in collaboration with The Game, has entered the metaverse to promote real-world action
HEALV3RSE, a groundbreaking new game promoting real-world action for the planet, launches today on Metaverse. HEALV3RSE, which brings together the worlds of gaming and sustainability, invites players to become the heroes our planet desperately needs. It takes players on an epic journey through captivating realms, each representing a vital element of our planet’s well-being.…
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The Middle East is spearheading the metaverse revolution
The metaverse technology is set to transform the global competitiveness of companies, and Saudi Arabia is embracing this vision. Spearheading the initiative is the Royal Commission for AlUla, which has unveiled a captivating metaverse experience. Users can now virtually explore and interact with the Tomb of Lihyan, Hegra’s largest tomb, providing a unique glimpse into the country’s…
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Flightcatchers joins the Metaverse to reach new customers
An online travel agency has claimed an industry first by joining the metaverse in a push for a “new audience” and continued growth. Hounslow-registered Flightcatchers has teamed up with King Meta Ltd to open a virtual store in the World Travel Village, accessible through a virtual reality headset. Robin Sohdi, a consultant at Flightcatchers, said:…
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The EU believes there is no need to regulate the Metaverse right now
Margrethe Vestager has provided an update about user privacy and regulation of the metaverse. The EU antitrust chief believes there is no need to start regulating the 3D virtual world yet. Speaking on Thursday, Vestager said the raft of legislation drafted in the last five years to regulate Big Tech gives the body time to explore…
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India’s Punjab National Bank opens a virtual branch in the Metaverse
Punjab National Bank (PNB) has opened a virtual branch in the metaverse. The institution joins a growing list of financial services companies that have launched metaverse experiences including HSBC, Ned Bank, South Korea’s Woori Bank and Shinhan Bank, and Commercial Bank International of the United Arab Emirates, among others. PNB’s metaverse platform will provide virtual experiences to new and existing…
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Headset competition heats up due to Apple’s arrival
Apple launched an augmented reality (AR) headset last month, marking a shift forward in the technology that could help bring the realization of the metaverse a step closer. Apple’s Vision Pro headset – the brand’s first new product launch in over a decade – is being billed as a “spatial computer” that “lets users interact with…
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- AI can be used to detect the risk of developing multiple diseases
- How the healthcare sector can benefit from the Metaverse
- The sports industry can benefit from the emerging metaverse space
- Deutsche Bank aims to enter the metaverse and engage with customers virtually
- The UAE is launching Arabic AI software