METAVERSE
The metaverse refers to a virtual universe or digital realm where people can interact with each other and the environment in real time, typically through virtual reality (VR), augmented reality (AR), or a combination of both. It is an immersive and interconnected space that leverages blockchain technology and other innovative technologies to create a decentralized and secure environment. In the metaverse, a shared value is created between the virtual space and the real world, and it allows for the establishment of new monetary and financial systems based on blockchain technology. This enables the secure management and verification of digital assets, identities, and transactions within the metaverse. By integrating blockchain, the metaverse provides transparency, trust, and the potential for the development of unique economic ecosystems and digital economies. The metaverse is often envisioned as a vast and evolving network of interconnected virtual worlds, applications, and experiences that can be accessed and experienced by individuals through various devices and platforms.
Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse
To optimize customer satisfaction rates, Emirates Airline has revealed plans to adopt advanced digital solutions, such as cryptocurrency, metaverse, and blockchain.
Animoca Brands Partners with Untamed Planet to Develop Untamed Metaverse
Animoca Brands has announced a partnership with Untamed Planet to develop and publish Untamed Metaverse, a game to help nature conservation efforts.
Dubai Regulator Establishes Virtual HQ in the Sandbox Metaverse
Dubai is committed to growing the domestic digital asset sector, a local crypto regulator announced on Tuesday that it has created a virtual headquarters in The Sandbox metaverse platform.
ByteDance Taking a Deep Dive into the Metaverse
TikTok’s parent company, ByteDance is making moves to escalate its influence on this nascent ecosystem - metaverse - in the East.
Standard Chartered Enters The Sandbox Metaverse
Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.
Nissan and Toyota Enter the Metaverse in Grand Style
Japanese auto giants Nissan and Toyota have entered the metaverse, aiming at occupying a bigger proportion of the vehicles market.
Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen
Hong Kong's Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022.
XVI Citizens to Introduce 16 Personalities as NFTs
The 16 Personalities idea is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project.
MetaHollywood Aims to Become Largest Hollywood-Themed Metaverse
MetaHollywood is building the largest online community within a Hollywood-themed metaverse following a joint venture between Animoca Brands and the Planet Hollywood Group.
Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse
SFLMaven, a luxury jewellery and goods provider, has started accepting Bitcoin payments in the real world and the metaverse for high-end vintage jewellery items.