Category: Web3 adoption

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Computer Scientist: China’s Crypto Crackdown Spurred Decentralization of Asia’s Web3 Infrastructure

Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds that the rapid development of the Asian market outside of China has further solidified the region’s position as…
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Okx Adds Four Inscription Standards to Its Web3 Wallet and Marketplace

Okx has said it will be adding support for four inscription token standards to its Web3 wallet at the beginning of and in late February. The Web3 firm has said the addition of inscription standards to its Web3 wallet and marketplace helps Okx drive the adoption of Web3 and power its next growth phase. Driving…
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Hong Kong Government Sets Up Web3 Development Task Force – Next Crypto Hub?

Hong Kong has taken another major step towards becoming a leading hub for cryptocurrency and blockchain technology.  The Hong Kong Government has announced the establishment of a task force, known as the Web3 Development Task Force, dedicated to promoting the growth of Web3, with a particular focus on ethical development, according to a recent statement…. Read More: Hong…
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Japanese Mobile Firm NTT Plans to Invest $4 Billion in Web3 Technology – Find Out Why

Japan’s largest mobile telecoms operator NTT DOCOMO has announced plans to invest up to 600 billion yen ($4 billion) into Web3 infrastructure.  The company has joined forces with multichain smart contract platform Astar Network as well as Irish services company Accenture to speed up Web3 adoption, according to a recent press release…. Read More: Japanese Mobile…
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How Augmented Reality Can Humanise the Metaverse

Diego Di Tommaso is the COO and Co-Founder of OVER, an open-source, AR platform powered by Ethereum Blockchain.__________ When the metaverse and Web3 are discussed, we hear a lot about virtual reality (VR).  Augmented reality (AR) rarely comes up in conversation, and the two are often mistaken as synonymous among non-technical audiences. More importantly, the…
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3 barriers preventing Web3 mass adoption — Trust Wallet CEO

Trust Wallet CEO says the current bear market could provide an opportunity for the Web3 industry to address consumer concerns before the next bull market. Widespread adoption of Web3 mayeventually become a reality but Trust Wallet CEO Eowyn Chen foresees three main barriers standing in the way of mass adoption. During the Australian Crypto Convention…
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