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Hong Kong launches task force to promote blockchain initiatives, developments

Hong Kong’s local government on Friday announced the formation of the Task Force on Promoting Web3 Development, citing the potential benefits to many industries of the low cost and transparency in blockchain technology that underpins the idea of a decentralized Internet. The group will be chaired by the city’s Financial

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OpenAI commits $1M to support AI-driven cybersecurity initiatives

The adverse effects of artificial intelligence (AI) technology in the hands of criminals, enabling the creation of deep fakes and malware, have heightened the urgency for action. OpenAI, the creator of ChatGPT and Dall-e, has announced a $1 million cybersecurity grant program to enhance and measure the impact of AI-driven cybersecurity

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Hong Kong blockchain initiatives natural evolution for finance hub, says Signum Digital CEO

After the global crypto failures and bankruptcies in 2022 and China’s known distaste for cryptocurrencies, Hong Kong regulators surprised with a raft of initiatives late last year to attract digital asset investors and platforms to the city in a drive to become the finance hub of Asia for the emerging

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South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives

While some global economies got distracted by the commotion around price instability and ecosystem collapses in crypto, South Korea doubled down on the metaverse’s potential as a new economic growth engine.South Korea’s Ministry of Science and ICT announced investments in a fund dedicated to driving metaverse initiatives in the country. According

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Sundance Film Festival embraces blockchain and crypto film initiatives

Web3 technologies continue to infiltrate various mainstream industries to bring innovation to old systems. This includes legacy creative fields such as the music industry and more recently, the film industry.This year, the Slamdance Film Festival, an oscar-accredited film festival for indie filmmakers, will see the premiere of the new film

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Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives – Metaverse Bitcoin News

Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth marketing strategy. Samsung’s Metaverse

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