Blockchain
Indonesian Metaverse Project “JAGAT” to Be Launched During G20 Summit
Jakarta, Indonesia–(Newsfile Corp. – July 14, 2022) – Tapping into the great economic potential of Indonesian creators, JAGAT (PT Avatara Jagat Nusantara), a social metaverse platform from Indonesia, has just made an
Indonesian Metaverse Project “JAGAT” to Be Launched During G20 Summit
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Indonesian Metaverse Project “JAGAT” to Be Launched During G20 Summit
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Certainly, as the most advanced technological trend in the current world, Web3.0 and metaverse represent the next era of the Internet, with the potential to achieve things beyond imagination. For Indonesia, a country who strives to catch up with its developed western counterparts, Web3.0 and the metaverse are absolute necessities. Wishnutama said during the interview that currently Indonesia is making a transition towards a digital society. To be more competitive on the international stage, creating a local metaverse is pivotal. A metaverse built by young people will undoubtedly speed up the transition process.
In addition, JAGAT has been working closely with AIG, one of the largest independent artificial intelligence and technology startups in Asia, and Utown, a metaverse platform from Singapore with rich experience in the social network industry, hoping that a combination of technological giants will bring a metaverse and Web3.0 experience to the general public in Indonesia that is accessible both technologically and financially. This serves as a strong indication of how determined the Indonesian government is to pursue a metaverse future.
With the potential of a borderless virtual world, the metaverse of JAGAT can become the face of Indonesia for the global community and bring about a disruptive novel social structure and operation mode when deeply integrated with national sovereignty, redefine the current societal norms and even international order.
Media contact:
Jagat.io
Camelia.M
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130795
Blockchain
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Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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