NFTs may revolutionize the future of music industry- Here’s how

The NFT market has been a growing one with several companies filing for trademarks to enter the NFT space. The latest business giant to file a trademark application is Sony Music Entertainment. The trademark application was filed with the United States Patent and Trademark Office on 30 August. Furthermore, the application mentions a suite of products that

Sony Betting Big on Next VR Headset With Increased Production Plan

Sony Group Corp. plans to make 2 million units of the PlayStation VR2 headset by March next year, people familiar with the matter said, setting an ambitious outlook that defies the global economic malaise. Mass production of the virtual reality goggles began in September and hasn’t yet faced supply chain constraints, said the people, who asked

Citi pilots blockchain bill of lading for trade finance

Yesterday the blockchain trade platform TradeLens announced that Citi piloted a paperless trade transaction for client Syngenta Bangladesh. Agrochemicals were imported to Bangladesh from India with an electronic bill of lading (eBL) used to support the Letter of Credit for trade finance. TradeLens is the blockchain network founded by IBM and a Maersk subsidiary and the TradeLens eBL is

Lenovo announces consumer AR glasses that can tether to iPhones

After pushing augmented reality (AR) glasses to businesses for years, Lenovo will finally sell AR glasses for consumers, the company announced today—and I briefly got to demo the lightweight Lenovo Glasses T1. With their Micro OLED displays and required tether to Windows, macOS, Android, or iOS devices, they bring some notable features to a space that

Animoca Brands: Blockchain Gaming Giant Says Web3 Future Isn’t Far Off

Yat Siu, the cofounder and chairman of Animoca Brands, believes the transition to Web3, the next generation of the internet, will happen sooner than many people think. “Within the next 18 months or so, we expect hundreds of millions of new entrants into the open metaverse because the quality of open metaverse products, such as new

SWIFT Payment System Embraces Blockchain Technology

As reported by Bloomberg, citing a post from the body, the payment enhancement will be in collaboration with Symbiont Inc, a blockchain startup with innovative fintech solutions. The SWIFT blockchain pursuit will be used to create “efficiencies in communicating significant corporate events,” like dividend payments and mergers, SWIFT said in its post. SWIFT presents one of the

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