EHS Launches Revolutionary Project in Healthcare Delivery that Deploys Metaverse Technology
The Emirates Health Services (EHS) has announced the launch of a Metaverse-based Virtual Telemedicine Solution using 3D virtual reality technology. The launch is part of transformative projects which leverage advanced technology and promote smart services such as remote health solutions and telemedicine. Through the project, EHS aims to deliver virtual medical consultation services supported by […]
Morocco’s Central Bank Announces Completion of Bill to Regulate Use of Cryptocurrencies
The Governor of Morocco’s Central Bank (Bank Al-Maghrib) has announced that legislation for the use of cryptocurrencies in Morocco is now complete. During a press conference following the fourth and final quarterly meeting of Morocco’s Central Bank (BAM) for 2022, the Governor, Abdellatif Jouahri, emphasized that the draft for a regulatory framework for cryptocurrencies is […]
Orange Money Signs MoU with First Arab Metaverse Platform to be First Mobile Wallet in the Metaverse
Petra Mobile Payment Services, known as Orange Money, signed a Memorandum of Understanding with LivaatVerse, the first Arab Metaverse platform, to officially mark the mobile wallet’s entry to the Metaverse by building its Digital Twin using the LivaatVerse technology and becoming Jordan’s exclusive mobile wallet for financial transactions in LivaatVerse. Engineer Sami Smeirat, Chairman of Orange […]
Creta Unveils Web3 Gaming Ecosystem and Four Blockchain Games
Creta, a Web3 entertainment company developing and publishing video games and a suite of solutions for Web3 gaming, unveiled the gameplay of the upcoming blockchain game Kingdom Under Fire: The Rise. With offices in Dubai, the company showcased the progress achieved in building its ecosystem of Web3 products, comprised of a one-stop-shop gaming platform, the […]
Dubai Ports Sector to Benefit from New Payment Solution Developed by FAB, Magnati and PayRow Net
First Abu Dhabi Bank (FAB) with the support of its affiliate, Magnati, is collaborating with PayRow Net through the Ports Customs and Free Zone Corporation (PCFC) to establish a best-in-class digital payment platform to spur Dubai’s shift towards becoming a cashless economy. The new payment ecosystem is set to transform the existing payment gateway, leading […]
AI Office and ADCB Explore the Future of AI and Blockchain in Banking
The Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications Office in collaboration with Chainalysis, organized a training programme for Abu Dhabi Commercial Bank’s (ADCB) employees and directors at the Coders HQ, as part of the National Programme for Coders initiatives. Saqr Binghalib, Executive Director of the Artificial Intelligence Office, said that […]
TD VC Announces Launch of $100M Web3 Special Situation Fund with $10M in GP Commitments
TradeDog Group, the parent company of TD VC, announced the launch of their $100 Million Web3 ‘special situation’ fund. The fund announcement comes with a GP commitment of $10 Million . The fund will re-structure and invest in projects with good products and businesses but struggling token markets. This strategic move is a reflection of the […]
The Mall of the Emirates in Dubai Opens the First Physical NFT Shop
SoftConstruct, an international tech giant that holds over 8 brands offering IT solutions to various industries, with over 300 partners and over 16 offices worldwide, will run the ftNFT Shop, where people can buy, sell, and look at NFTs in person. The ftNFT Shop at the Mall of the Emirate will open on Thursday, December […]
ADIB Receives the e-Marketplace Champion Award from Blockchain-Powered e-Marketplace TradeAssets
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution has received the e-Marketplace Champion Award for its excellence in digital adoption from blockchain-powered e-Marketplace TradeAssets. Last year, ADIB became the first Islamic bank to successfully execute trade finance distribution transactions using Blockchain technology in partnership with TradeAssets, a trade finance e-marketplace. ADIB has been […]
Trading on the Metaverse: The New Normal in 2023 and Beyond?
Jeetu Kataria, CEO, DIFX Technology Undoubtedly, the metaverse is set to take many sectors to a whole new level. For instance, before the era of online trading, investors had to contact their brokers via phone, or meet with them physically, and give ‘buy or sell’ orders. The bygone era of phone and in-person trading was succeeded […]