Uniswap Labs raised a massive $165 million in a series B funding led by the renowned crypto investment agency Polychain Capital. The series B funding was intended to get additional resources for crucial investment in the emerging web3 products. Uniswap looks forward to investing heavily in decentralized web and mobile applications, web3 mobile support, non-fungible…
Polygon is once again in the news, and the company has now launched a policing system based on blockchain technology. The application name is First Information Report (FIR) and it functions as a platform where citizens can lodge their complaints without the chances of their complaints getting manipulated or dismissed. Firozabad partnered with Polygon Technologies…
The world economy has been racing towards the web3 ecosystem and virtual world. Several leading companies worldwide, including Google, Facebook, and Amazon, showed interest in the web 3.0 architecture of a virtual world. Microsoft is also lined up to leverage the web 3.0 blockchain technology to operate the business in a virtual mode. Microsoft has…
Google is one of the world’s leading cloud computing and data management services providers. For a long time, Google has been planning to bring crypto to its consumer base as a legitimate payment option. On Tuesday, Google announced it would utilize digital currencies in its payment modules for cloud services. Google has been planning on…
Blockchain technology has gained immense popularity worldwide. Businesses are transforming themselves to sustain themselves in the market and grow. Blockchain developers have become quite a need of the hour nowadays. If you plan to craft your career as a blockchain expert or blockchain professional, you’ve got to start preparing today, as there is a lot…
The bearish mode of the crypto market, development in blockchain technology, and increasing popularity of NFT in the global market are some buzz news. Despite all these, Polygon Technology, the leading blockchain-based service provider, is making aggressive moves worldwide. Several industrial leaders from different domains, from finance to games, have partnered with Polygon Technology to…
The Middle East and Dubai have become hubs for innovations in the web3 space. Once again, multiple emirates in the UAE are choosing the metaverse as a critical strategy to boost tourism in the Middle East UAE regions. Sharjah has joined Dubai in exploring different web3 products, starting with the metaverse. The Artificial Intelligence Ecosystem…
The renowned racing competition Formula One has recently registered for trademarks of different web3 products. The company has trademarked F1 for cryptocurrency, non-fungible tokens, and metaverse with five other similar domain products. The racing competition company has hinted at its plans to set up a digital online marketplace in the virtual world. However, there is…
Metaverse development is in its initial stage, and nobody knows what a fully developed metaverse would look like. After all this, the newest technology in the world is driving people crazy, and businesses are looking at it as a new source of driving sales figures crazy. Out of all the countries, the Middle East and…
Commercial Bank International (CBI), a leading Dubai banking service provider, has confirmed its presence in the metaverse. As per the announcement made by the banking entity, popularly known as CBI, they will be the first United Arab Emirates bank to provide services in the web3-based metaverse. The leading banking service provider has chosen Decentraland as…
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