Web3

UK Study: Navigating Intellectual Property Challenges in the Metaverse

A recent study conducted by researchers in the United Kingdom has investigated the effectiveness of current intellectual property (IP) laws and their ability to regulate new technologies like the metaverse. The study revealed various inadequacies in the current laws and presented recommendations to address these shortcomings. This research is significant as the metaverse continues to…

nike swoosh
Web3

Nike launches Web3 co-creation platform, .Swoosh

Reaching out to user traffic, followed by user content, and now user’s crypto wallet, the world wide web has evolved to offer direct services to users around the world. Nike, the global sports and retail merchandise maker, has entered Web3 with .SWOOSH. On SWOOSH, everyone, from consumers to athletes, can “design and own” virtual creations…

Meta trademark anticipates for cryptocurrency payments platform

Meta, social media giant Facebook’s parent company, is hinting to launch a payments platform with support for crypto. As per records, Meta filed 5 applications for its namesake to be utilized in a platform named Meta Pay. The filings included Meta’s name for use in an ‘online social networking service for investors enabling financial exchange…

Opera cryptocurrency browser extends support for decentralized apps and Binance blockchain

Opera has declared the integration of Binance Blockchain (BNB) in its cryptocurrency browser. Users will be able to purchase BNB cryptocurrency token with fiat and receive and send it using the built-in Opera cryptocurrency wallet, and access decentralized applications (DApps) including famous decentralized exchanges (DEX) such as 1inch, PancakeSwap, and BiSwap and innovative decentralized finance…

Requirement for Web3 talent increases as internet reaches to the next stage

Hiring trends disclose that software developers, entrepreneurs and startups in India will play an important role in developing global platforms and applications for Web3, the third generation of the internet. Web3 utilizes blockchain-based technologies to develop a decentralized version of the web. Firms creating Web3 platforms and applications will need blockchain developers, app developers, machine…

JP Morgan, the first bank to enter into the metaverse

JP Morgan becomes the first-ever bank that enters into the metaverse and planning to open its lounge in blockchain technology based on virtual reality platform, Decentraland.  The lounge has been named Onyx, the bank-permissioned Ethereum-based service. Here users can create their virtual existence and visit the bank virtually. Users can create their avatars on the…