Here’s How Artificial Intelligence Is Transforming the IoT

The business world has seen a steady rise in adoption of the internet of things (IoT) over the past years. Many businesses have been built and optimized using IoT, enhancing their capabilities and overall performance. However, the next phase of advancement in artificial intelligence (AI) and machine learning is the development of IoT devices leveraging…

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Mogul Productions Inks Partnership With Trace Network Labs To Stream Movies In The Metaverse

The Metaverse is going big on entertainment as Mogul Productions, a platform promoting NFT and DeFi in the entertainment sector has penned a new deal. Accordingly, Mogul Productions aims to use its new partnership with Trace Network Labs to bring entertainment to the Metaverse. A Surge in Metaverse Growth The emergence of blockchain technology has…

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Australia Create First Quantum Circuit For Quantum Computers

According to reports, an Australian tech company, Silicon Quantum Computing, has made a breakthrough. The team has developed the first atomic integrated circuit for the next generation of computers.  Over ten years have gone since the SQC created the first atomic transistor. However, this recent development brings them close to the production of quantum computers. …

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EU DLT Expert Reveals How Blockchain Can Expand Energy Markets

Amid the buzz generated by the Web3 movement, a less catchy concept is Industry 4.0, which details the revolutionary move of the next industrial disruption. Industry 4.0 cannot perform optimally in the absence of energy. The energy industry needs further expansion to enhance efficiency. However, blockchain technology is at the heart of Web3, Industry 4.0,…

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Meta Plans To Start Testing NFTs On Instagram Stories With AR

The parent company of Facebook and Instagram, Meta, announced its plans to start testing non-fungible tokens (NFT) on Instagram stories. For the upcoming test, Meta wants to use its augmented reality (AR) protocol, Spark AR. Meat is on an expansion drive that integrates crypto, NFT, and Metaverse into many of its platforms. Additionally, the company…

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Afropolitan Raises $2.1M Funding To Engage Africa’s Diasporan In Web3

The history of Africa is filled with institutional wrongs against the continent, and Afropolitan is looking to change the narrative. The platform wants to create a global digital space having a real-world impact on Africans living outside Africa. According to Afropolitan, it has raised $2.1 million in funding to realize its vision of a digital…

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Web3 Browsers Are The Path To Decentralization

The world is rapidly changing, and new things, patterns, and features come with each evolution. The term “Web3” was unknown until last year, and fast forward to 2022, it has become the buzzword in the tech space. Web3 is the new internet era that tech companies have adopted, and decentralized blockchain platforms are using it.…

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Introducing Spatial, A Platform Providing Full-body VR Experience

The concept of virtual reality (VR) is rapidly evolving as manufacturers continue to develop innovative ways to deliver immersive VR experiences. However, the idea of floating around in VR and feeling yourself in your material body with your eyes covered by a headset is one experience you could like to have. Welcome to the era…

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Meta Introduces Voice Mode To Horizon Worlds Quest 2 VR Headset

After unveiling the Quest 2 VR headset, Meta is moving further ahead by adding a new setting to the Horizon Worlds. The Voice Mode feature gives users an added experience and control in VR. The new development will be unveiled over the coming weeks and will give Quest 2 users audio options to choose from.…

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UAE Begins Project To Increase The Amount of Rainfall With AI Technology 

Recently, the clamor for freshwater has been increasing, especially in regions with low rainfall. Among the various countries experiencing low rainfall due to weather conditions is the UAE.  However, the country’s meteorological center is set to solve the problem. According to reports, the National Centre of Meteorology (NCM) has commenced a new project. The NCM…

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Apple Plans To Launch AR Glasses In 2024 Alongside AR/VR Gadgets

The development and expansion of augmented reality are growing and gaining momentum, with Apple being the latest to come up with a product. Mashable reported that Apple is currently working on releasing an AR device that is expected to be ready by the second quarter of 2022. However, this is not the first time that…

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The UAE Developed A Pricey Modern Postage Stamp Via Blockchain

In furtherance of its pledge to become the leading blockchain hub in the world, the United Arab Emirates has done it again. The UAE has announced its adoption of blockchain technology to develop the world’s most expensive postal system. The new postage stamp is sponsored by the Emirati government and managed by the Emirate Posts…

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Yahoo Launches Metaverse Events In Hong Kong

According to the report, Yahoo has launched various metaverse activities in Hong Kong. These activities aim to explore the usage of immersive advertising technology.  Yahoo’s announcement comes after Meta launched similar plans this week. Yahoo’s project, which would end on June 19th, features various activities.  Among them are the latest trends in lifestyle, sports, entertainment,…

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Edge Computing Evolution And Why It Is Important

The world is hyper-connected, and the need to find a way to scale and process data is increasing. There is a massive transformation in how data is processed, stored, and analyzed. Moreover, there is a noticeable change in the goal of what edge computing is designed to achieve. Initially, it aims to lower the cost…

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McKinsey’s Research: Metaverse Will Be Worth $5Trn By 2030

A popular research company, McKinsey & Company, has released a new report. The report titled “Value creation in the metaverse” evaluates the worth of the metaverse.  According to the research, the metaverse would be worth over $5 trillion by 2030. The biggest sector would be the e-commerce industry ($2.6 trillion), followed by virtual learning at…

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ICI Bucharest Plans To Develop NFTs Using Elrond Blockchain

Integrating Web 3.0 technologies into everyday use by institutions is on the rise. Accordingly, the Romanian Institute for Research and Development in Informatics, also known as ICI Bucharest, is the latest to join the move. ICI Bucharest revealed its plans to develop institutional NFTs alongside a marketplace and a decentralized protocol for Domain Name System.…

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Introducing Jidu Robo-1, China’s AI-Powered Futuristic Car

Like Google, China’s search engine giant, Baidu, has a firm grip on the Chinese internet space. Baidu has dominated China’s internet industry for years, raking in billions of dollars annually from search engines and other web services. However, Baidu’s ambition extends beyond just the internet ecosystem; its next destination seems to be the automobile industry.…

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ByteDance Plans To Venture Into The VR Ecosystem

According to reports, TikTok’s parent company, ByteDance, is on the verge of joining the extended reality space via virtual reality (VR). The short video-making company looks to venture into new space by banking on its popularity and user base. As per the insider report, ByteDance plans to invest heavily in VR-related services, according to the…

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Goodbye Web3, Jack Dorsey Proposes Bitcoin-Powered “Web5” Platform

The former Twitter CEO plans to develop a Bitcoin-based Web5 to displace Web3. Accordingly, the new web platform will combine the centralized and decentralized internet, Web2 and Web3. The new project is part of the block subsidiary, TBD. It underscores the belief held by Jack Dorsey about Bitcoin’s role in the evolution of the internet.…

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EverRise Launches EverRevoke, An Approving And Revoking Platform

One of the decentralized finance platforms’ most often overlooked issues is token approvals. One vulnerability has been on the rise due to the increase in DeFi and Web3 adoption. And EverRise, a Web3 security and infrastructure firm, released EverRevoke, to review, revoke, and approve transactions. The new utility is the latest addition to the EverRise…

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Qualcomm’s XR Platform Enhances The Development Of AR And VR

Qualcomm recently made the Snapdragon Spaces XR available for download as it continues to lead the way in the development of extended reality (XR).  The growth in the field of XR has increased the pace of adoption of augmented reality (AR), virtual reality (VR), and others. Many industries are now pushing for alternative reality to…

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