Blockchain
NIA makes headway in promoting Thailand’s soft power innovations to the global community through MARTech Startups
The National Innovation Agency (NIA) continues its efforts in adopting governmental 5F policy (Food, Flim, Fashion, Fighting, Festival) to promote the creative economy and Thailand’s soft power innovations with startups in MARTech (Music, Art, and Recreation). With aims to elevate the potential of the local music, art, and recreational startup community, the NIA set course to utilize the 3 key innovations and technologies: AI, AR/VR, cloud computing, and the blockchain and gear up to revitalize the country’s economy in the post-pandemic era.
Dr. Pun-Arj Chairatana, Executive Director of NIA revealed that: “2021 and 2022 are the years where the word ‘Soft Power’ has become a national buzzword. The phenomenon, initiated by a few influential people in the art and entertainment industries, has sparked interest nationwide and helped generates income for entrepreneurs across the country. According to the Global Soft Power Index 2022, Thailand scored 40.2 points and ranked 35th place out of 120 countries. Impressively, the score has stepped-up by 1.5 points which reflects the surge of demands in media, communication, culture, tradition, and influence on tourists and the global community. Although the concept of soft power in Thailand is not entirely new, it is exciting and surely demonstrate a promising future as the national brand to attract people from around the world. In brief, it means creative economy accelerator.”
“The NIA has set out guidelines to support startups in MARTech community with aims to elevate the potential of talented people in the university in running innovation into a real business as well as funding access. The development focuses mainly on transforming valuable culture and creativity into value-added products and services. To market Thailand’s cultural innovations properly in the global arena, the agency has been working closely with the Ministry of Foreign Affairs through Thai embassies in more than 30 countries. The collaboration emphasizes the top 15 countries ranked on the Global Innovation Index such as Finland, Switzerland, France, and Sweden. These major innovation cities are where innovators reside. Therefore, it is an ample opportunity to promote Thailand’s MARTech startups as well as the country’s soft power using diplomatic tactics. It is estimated that MARTech will be worth 1.5 trillion baht, or an average growth of 6% by 2022. However, NIA targets to increase the number of MARTech startups to reach at least 45 by 2022. MARTech startups will be one of the main engines accelerating economic recovery as well as boosting the country’s GDP.” Said Dr. Pun-Arj.
In addition, to assist MARTech startups to earn recognition and growth, the NIA has also assessed technologies and innovations that will help boosting the growth of Soft Power in Thailand and globally. Innovations and technologies are utilized to create products that offer a new experience for consumers including;
- AI: Presently, AI technology is being applied to creative industries – from songwriting, and book writing, to creating arts. It is expected that up to 32 percent of the human workforce could be replaced by AI in less than 10 years.
- AR/VR: a thriving industry offers users a one-of-a-kind virtual experience unlike the physical world – from playing games, enjoying the concert, playing sports, to visiting museums. The NIA has helped encouraged startups in these segments by piloting various projects to create tourism experiences during the COVID-19 pandemic as well as organizing several virtual events. The AR/VR industry is forecasted to exceed $95 billion worth by 2025.
- Blockchain: It is recognized as the future of data management, especially for trading of creation ownership and copyrights management. Blockchain helps eliminate intermediaries between artists and consumers, and at the same time, help simplifies the process of contracting and artist rights management. Creators are eligible to value their creation of music, art, and or any kind of masterpieces. The platform also allows content creators to keep track of work consumption across all platforms.
“Utilizing innovations to add value to the 5F cultures required efforts and firm collaboration from both the government and private sector. The support from the government is therefore crucial whether it is funding or policy making. As for the NIA, we aim to reinforce MARTech startups to create a distinctive image among investors and global innovation developers, where other countries have generated hundreds of billion baht. Ultimately, the goal is to help placing Thailand on the high-ranking position of the Global Innovation Index.“ Dr. Pun-Arj concluded.
SOURCE The National Innovation Agency (NIA), Thailand
SpaceCatch has launched a new gaming platform that combines augmented reality with blockchain technology to promote fairness and enhance user experience, with a Public Beta scheduled for April 22, 2024.
SpaceCatch has unveiled a new gaming platform that combines augmented reality with blockchain to give users a fair gaming experience.
In gaming, one of the prevalent issues players encounter is the lack of fairness. Many games suffer from imbalances that give certain players unfair advantages or where the game’s economy favors only a select few.
This disparity can lead to frustration and dissatisfaction among players, ultimately diminishing the overall gaming experience.
In response to the growing demand for fairness in gaming, SpaceCatch emerged as a solution. This innovative game utilizes cutting-edge technologies like augmented reality and blockchain to establish an equitable gaming environment.
Through its decentralized design, SpaceCatch ensures that no single entity exerts undue influence over the game’s assets or mechanics, promoting fairness and inclusivity at its core.
Also, scheduled for April 22, 2024, the highly anticipated Public Beta launch of SpaceCatch represents a significant milestone in the gaming industry. With 20,000 testing slots available, this event marks a major advancement in the GameFi landscape. It underscores SpaceCatch’s commitment to revolutionizing the gaming world and its dedication to driving positive change within the gaming community.
In essence, SpaceCatch is not just a game but a solution to the gaming industry’s fairness problem. It provides a space where every player has an equal opportunity to succeed, making gaming more enjoyable and rewarding for all. But before we delve further into SpaceCatch, let’s find out more about it.
Embark on an epic journey with the new beta
During the current beta testing phase, participants will embark on an exhilarating journey through the expansive virtual universe of SpaceCatch. This captivating game is brimming with formidable alien adversaries, elusive treasures, and captivating mysteries waiting to be unveiled.
As beta testers, players wield significant influence in shaping the future trajectory of SpaceCatch, contributing invaluable feedback and insights to refine and elevate the gaming experience for all.
Beyond its commitment to fairness, SpaceCatch offers an immersive and revolutionary gaming encounter. Leveraging augmented reality (AR) technology, SpaceCatch crafts a dynamic and interactive gaming realm that immerses players like never before.
Whether battling aliens in your own neighborhood or venturing into uncharted territories via your smartphone screen, SpaceCatch delivers an unparalleled gaming adventure.
But that’s not all. SpaceCatch has pioneered the integration of blockchain technology, which adds a layer of security, transparency, and decentralization to the gaming experience. With blockchain, players can own their in-game assets, trade them confidently, and contribute to the vibrant SpaceCatch economy.
Furthermore, SpaceCatch is not just a game; it’s a community. With the help of AI-driven quests, personalized experiences, and social interactions, SpaceCatch brings players from all over the world together. Whether you’re collaborating on missions, trading assets, or simply chatting with other players, SpaceCatch fosters connections and camaraderie.
In summary, SpaceCatch is not just a game; it’s an innovative fusion of technology, community, and entertainment. It’s a platform where fairness, immersion, and innovation converge to create an unparalleled gaming experience.
Power of the CATCH token
SpaceCatch is a universe where players can engage in exciting adventures and earn rewards by using CATCH tokens. With a total supply of 100 million tokens, CATCH serves as the lifeblood of the SpaceCatch ecosystem. Whether players stake, purchase, or interact with others, CATCH tokens offer numerous opportunities to enhance their gameplay experience.
SpaceCatch has set aside 20 million CATCH tokens for staking over the next five years to incentivize long-term engagement and reward loyal players. In the first year, 50% of all staking rewards will be redistributed to the staking community, making it an attractive opportunity for participants.
CATCH tokens have multifaceted utility within the SpaceCatch universe. Players can use them to make in-game purchases, such as acquiring tools, missions, and exclusive content. Additionally, participants in the staking program can earn additional CATCH tokens as rewards for holding their tokens in a designated wallet over time, fostering commitment and loyalty.
Beyond staking, players can earn CATCH tokens through diverse in-game activities such as completing missions, battling aliens, participating in events, and encouraging active engagement and exploration. CATCH tokens also facilitate interactions within the SpaceCatch community, enabling players to trade, gift, or exchange tokens with one another, fostering camaraderie and collaboration.
Source: cypto.news
The post SpaceCatch: Where AR gaming meets blockchain innovation appeared first on HIPTHER Alerts.
In a groundbreaking collaboration at the enchanting crossroads of tourism and blockchain, Quantum Temple pioneers a futuristic upgrade for travelers. Partnering with Mysten Labs and Indonesia’s Ministry of Tourism and Creative Economy, Quantum Temple introduces a pioneering Web3 experience at Bali’s revered Pura Tirta Empul. This innovative endeavor seamlessly intertwines ancient heritage with modern technology, offering visitors an unprecedented journey through Bali’s aquatic marvels via blockchain-enabled entries and digital collectibles.
Visionary Leadership and Innovative Solutions
Linda Adami, the driving force behind Quantum Temple, envisions a paradigm shift in the tourism industry, where advanced blockchain technology fosters transparency and community empowerment. Adami’s inspiration stems from her tenure with Dubai’s government and her observations in Bali, where she witnessed the challenges locals faced within traditional tourism frameworks.
Central to Quantum Temple’s initiative is the Quantum Temple Passport, a cornerstone of this inventive endeavor. By integrating a decentralized loyalty scheme with a non-custodial wallet, Quantum Temple crafts an immersive digital journey for users. The platform ensures inclusivity by incorporating zkLogin, simplifying onboarding processes and broadening its appeal to all, including tech novices.
Addressing Industry Challenges and Shaping Future Trends
Quantum Temple tackles the pressing issues of overtourism and fragmented data through its smart blockchain system. This system enhances visitor relations and empowers cultural site management with enhanced decision-making capabilities. Through its “phygital” asset strategy, Quantum Temple establishes memorable connections, offering travelers tangible keepsakes and digital souvenirs that directly contribute to heritage conservation efforts.
Market Trends and Forecasts
The integration of blockchain technology into the travel industry mirrors current trends, with a focus on sustainability and responsible travel. Initiatives like Quantum Temple, which prioritize conservation funding and community empowerment, align perfectly with these trends. As blockchain applications continue to evolve, personalized customer experiences and streamlined processes are expected to drive further adoption within the tourism sector.
Key Challenges and Controversies
Despite its potential benefits, blockchain initiatives in travel face challenges such as the digital divide, environmental concerns, and privacy issues. Bridging this gap and ensuring accessibility for all users, while addressing environmental impacts and ensuring data security, remains imperative for widespread adoption.
Advantages and Disadvantages
Blockchain technology offers enhanced security, transparency, and streamlined loyalty programs within the travel industry. However, challenges such as complexity in adoption, scalability issues, and regulatory uncertainties persist. Balancing these advantages with environmental considerations and ensuring equitable access to benefits remains a focal point for stakeholders in the evolving landscape of blockchain-powered tourism.
In conclusion, Quantum Temple’s innovative approach heralds a new era in travel, where blockchain technology not only enhances experiences but also fosters sustainability and community empowerment. As the industry embraces these advancements, the potential for transformative change within the tourism sector is vast, promising a future where travel is not just a journey but a meaningful exploration of culture and heritage.
Source: cointrust.com
The post Blockchain Transforming Travel: Quantum Temple’s Innovative Venture appeared first on HIPTHER Alerts.
Blockchain
Fields of AI and Blockchain Celebrated in Dubai at Global AI Show and Global Blockchain Show
A wide range of themes will be discussed at both conferences. At the Global AI Show, attendees will get a glimpse into an AI-powered future. Keynote speeches on sectors such as healthcare, finance, retail, oil and gas will show the new possibilities as a result of AI. Evolution of the digital ecosystem, data protection, blockchain in finance, gaming, metaverse and NFTs are some of the topics that will be discussed at the Global Blockchain Show.
The Global AI Show
Jamie Metzl, a technology and healthcare futurist, will be navigating the implications of AI, genetics, and biotechnology revolutions. Attendees can get their copies of Hacking Darwin: Genetic Engineering and the Future of Humanity signed. They also get exclusive insights from Metzl’s new book – Superconvergence: How the Genetics, Biotech, and AI Revolutions Will Transform our Lives, Work, and World.
Dr. Divya Chander, a neuroscientist and medical futurist, will take attendees on a journey from brain reading to brain writing to closed-loop brain machine interface systems. Another prominent speaker at the Global AI Show is H.E. Dr. Mohamed Al Kuwaiti, head of cyber security at United Arab Emirates Government, who will present a keynote on a future with AI.
The Global Blockchain Show
The Global Blockchain Show will showcase the dynamic landscape of blockchain technology. Among the distinguished speakers, H.E. Justin Sun, the founder of TRON and member of the HTX Global advisory board, will take centre stage.
Additionally, the event will feature a fireside chat with Lennix Lai, chief commercial officer of OKX, who will encompass the yin and yang of crypto trading. Dominic Williams, founder and chief scientist of DFINITY Foundation, will discuss the decentralised cloud vision of the DFINITY blockchain.
Capturing the potential of AI and blockchain
Furthermore, the Global AI Show and the Global Blockchain Show’s official ambassador will be an AI humanoid robot, Sophia. Sophia is a prime example of the wonders of artificial intelligence and robotics, converging technology with humanity.
The Global AI Show and the Global Blockchain Show will feature a start-up village. There, start-ups and scale-ups can pitch their ideas, technology and creations to investors, venture capitalists and big tech.
A VAP Accelerator will also be launched as an incubator for ambitious start-ups. Meanwhile, a community stage at the Global Blockchain Show and the Global AI Show will be set up to focus on fostering inclusivity, collaboration, and engagement within the blockchain and AI community.
Recognising and celebrating excellence and growth
Furthermore, an official awards ceremony will take place on April 17 at the Grand Hyatt, Dubai. The Global AI Awards and the Global Blockchain Awards will reward excellence and innovation in their respective fields.
Lastly, The Global AI Show and the Global Blockchain Show will finish with an afterparty at the White Beach at Atlantis, The Palm. Hosted by VAP Group, the afterparty provides a platform for industry experts and enthusiasts to mingle. They can exchange ideas, build valuable connections, explore potential collaborations, and unwind in a relaxed atmosphere.
Source: thefintechtimes.com
The post Fields of AI and Blockchain Celebrated in Dubai at Global AI Show and Global Blockchain Show appeared first on HIPTHER Alerts.
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