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Global Updates On Metaverse

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Global Updates On Metaverse

By Vishakha Thakur

Meta successfully brought the metaverse into mainstream consciousness, especially as it concerns warming up general audiences to the idea of Web3. Billions of dollars are being invested into developing the metaverse and tech giants are betting big on it.. With all this happening in the world of metaverse, it is gaining traction day by day.

In July, India will host a major security conference. Yes, the Ministry of Home Affairs is planning a conference on international crime and security in the age of NFT, AI, and the Metaverse

The first day of the conference will most likely be presided over by Union Home Minister Amit Shah.

Well, Not only India, but other countries too are betting big on the metaverse.

Yes, France has entered the metaverse development race after launching a public consultation to guide its future activities in the sector.

Not only countries, tech giants, too, do not want to leave any stone unturned in making a mark in the space of web3 but now meta has added another problem to its list. Meta has previously been called out for how teenagers use its platforms.

According to a group of more than 70 advocates for children’s rights and online privacy, the metaverse is not a safe place for children.

Well, many metaverse startups emerged in 2022 and this year too, we shall see many more companies entering into the web3 ecosystem.

Porsche Cars North America has announced a partnership with Microsoft to use HoloLens 2 and Dynamics 365 Guides to “revolutionise skilling, training, and customer experiences.”

Jack & Jones brand fans as their favourite brand has taken steps to enter the metaverse.

In India, the brand Jack & Jones has launched an exclusive Metaverse-themed collection. The new launch is intended to blur the line between the physical and virtual worlds by fusing technology and fashion. 

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