Blockchain & crypto news from India
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…
The use of metaverse is gradually becoming more common in 2024, although it is still waiting for a breakthrough app to encourage widespread adoption. However, it has found its place in the healthcare industry, where it is being used for telemedicine, surgical training, and innovative surgical techniques. This has generated a lot of positive interest…
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…
The author who gave the term ‘Metaverse’ about three decades ago, Neal Stephenson is launching a metaverse-focused blockchain project called LAMINA1. He has also revised his vision for the Metaverse, quoting that the experience is probably to be focused more on flat 2D screens instead of augmented reality or virtual reality techs like lenses and…
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 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…
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…
Daler Mehndi has bought a piece of land in the metaverse and he’s named ‘Balle Balle Land’. According to reports, this is India’s first land acquisition in the metaverse. Mehndi revealed the land on Holi this year and it will house a store selling non-fungible tokens (NFTs). The land also owns a gold idol of…
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…
Weddings are indeed special occasions. A Tamil couple made it even more special by holding a ‘blockchain wedding’. Belonging from Pune, Shruti Nair and Anil Narasipuram have just conducted their wedding via blockchain. The duo decided to conduct their wedding reception digitally in the metaverse. In a Twitter thread, the couple said they had a…