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Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum

On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the “Beijing Web 3.0 Innovation and Development White Paper (2023)” at the parallel forum of the Zhongguancun Forum titled “Web 3.0: Future Development of the Internet Industry.” The release of the White Paper aims … Continue reading Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum

China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

Shanghai has taken a significant step in the realm of metaverse tourism with the release of the “Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)”. The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city’s strategic focus on five key areas to propel the development of … Continue reading China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

A new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU. Web 4.0, the next generation of the internet, is expected to integrate digital and … Continue reading European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

Report: Visa Blocks $30 Billion in Fraud, Highlighting Crypto and NFT

Visa Inc. (NYSE:V), a global pioneer in digital payments, unveiled its Fall 2023 Biannual Threats Report, spotlighting the escalating sophistication of fraud schemes in the retail and eCommerce sectors. Key Takeaways Phishing Schemes Amplified by AI: The report underscores a notable surge in phishing schemes, now amplified by generative AI tools. This evolution marks a … Continue reading Report: Visa Blocks $30 Billion in Fraud, Highlighting Crypto and NFT

Coinbase Bolsters Advisory Board with Security Experts

Coinbase, the prominent cryptocurrency exchange platform, has strategically augmented its Global Advisory Council with the induction of four esteemed national security experts on November 7, 2023. This move comes as part of Coinbase’s ongoing efforts to navigate the intricate landscape of global crypto regulations and strategic industry decisions. The newly appointed members are Dr. Mark … Continue reading Coinbase Bolsters Advisory Board with Security Experts

Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information

A recent study by researchers at Virginia Tech has brought to light potential geographic biases in ChatGPT, an advanced artificial intelligence (AI) tool. The study, which focused on environmental justice issues, revealed significant variations in ChatGPT’s ability to provide location-specific information across different counties. This finding underscores a critical challenge in the development of AI … Continue reading Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information

Advancements in Autonomous Driving: Analyzing the Progress of Waymo, Tesla, and Industry Trends

The autonomous vehicle industry, marked by significant technological advancements and challenges, is shaping the future of transportation. A detailed analysis from karpathy.github.io, authored by Andrej Karpathy, a notable AI expert, OpenAI co-founder and former Tesla AI lead, offers a realistic view of this evolving landscape​​. Partial Automation: The Present Scenario The journey towards autonomous driving started with … Continue reading Advancements in Autonomous Driving: Analyzing the Progress of Waymo, Tesla, and Industry Trends

Tencent Unveils Top Ten Tech Trends for 2024

Tencent, a leading technology company in China, recently published a detailed report on the top ten technology trends that are expected to shape the year 2024. The report, compiled by Tencent Research Institute, offers an extensive analysis of future technological advancements and their potential impact on various sectors. Here’s a comprehensive look at the key … Continue reading Tencent Unveils Top Ten Tech Trends for 2024

Senator Lummis Advocates for Clear Crypto Regulations

U.S. Senator Cynthia Lummis (R-WY) has recently reaffirmed her support for the cryptocurrency industry, underscoring that the primary issue lies with bad actors, not the assets themselves. This stance was highlighted during a heated exchange with Senator Elizabeth Warren over the financial implications of cryptocurrencies compared to traditional fiat currencies​​​​. She stated, $900 million in … Continue reading Senator Lummis Advocates for Clear Crypto Regulations

Hong Kong to Pioneer Web3 Financing Platform for SMEs in the Greater Bay Area

The Chinese National People’s Congress (NPC) delegate Wu Jiezhuang has submitted a proposal for the establishment of an international Web3 financing platform specifically for Small and Medium Enterprises (SMEs) in the Guangdong-Hong Kong-Macao Greater Bay Area, as reported by the Hong Kong TKWW. This innovative step aims to accelerate the international expansion of Chinese niche, … Continue reading Hong Kong to Pioneer Web3 Financing Platform for SMEs in the Greater Bay Area

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