Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO. Highlights of the filings include plans for a virtual community for interacting with digital assets, the processing of payment cards in the Metaverse, an online marketplace for buyers and sellers of downloadable digital goods, virtual reality events and more. One trademark filing for the company’s “Priceless” slogan consists of multimedia files such as artwork, text, audio and video that are authenticated by NFTs. Another application illustrates plans for its red and yellow “Circles” logo to process card transactions used for payment of goods and services in the Metaverse and other virtual worlds. An additional patent &...
Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film who seek to accelerate their small business through nonfungible tokens, or NFTs. According to Visa, the goal of the Creator Program is to bring together a global cohort of digital creators and empower them via education of blockchain technology and NFT commerce. Originally announced in October, 2021, the program’s first Visa Creator is Micah Johnson, creator of the Aku World NFT community. Johnson is a former professional baseball player who retired after multiple injuries to become a visual artist in 2018. The NFT character Aku is a young Black astronaut who has grown to ink his own film...
The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on Monday. Dubbed the Cambridge Digital Assets Programme, or CDAP, the project is a public-private collaboration with 16 companies including public institutions like the Bank for International Settlements Innovation Hub and the International Monetary Fund. The initiative also includes banks like Goldman Sachs, financial giants like Mastercard and Visa, as well as major exchange-traded fund providers like Invesco. O...
Facebook WhatsApp Reddit Twitter Shares Young has allegedly scam her husband to by by used the money he deposited into her account for something else. According to the Story, the lady was said to have used N3 million her husband to be deposited into her account for marriage preparations process Visa with it and travel out of the country. .uff3d8a8266c2da8980e83c83d01cde0b { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none;...
The cryptocurrency market is green with the majority of the coins recording positive figures in 24-hour and 7-day changes. Terra’s LUNA and meme coin Dogecoin are leading in 7-day gains while Cardano’s ADA tops 24 hr gains as of writing. Among other headlines outside the markets, a Swiss bank has laid more bullish predictions for the pioneer cryptocurrency. The IMF has expressed concerned that crypto’s movement in tandem with stocks could raise financial stability concerns. Here are more details on these and other exciting events. Bitcoin has matured, but its co-movement with stocks poses risks, says IMF The International Monetary Fund (IMF) recently released new research on global financial stability. It was accompanied by a blog post in which the IMF cautioned that Bitcoin is incre...
The payment services behemoth intends to enable user transactions via digital wallets or CBDC-enabled Visa cards International payment services company Visa has partnered with software tech firm ConsenSys to create on-ramp tech for Central Bank Digital Currencies (CBDCs). The partnership reported first by Bloomberg earlier today seeks to advance sovereign digital currency networks. Visa said it would build a CBDC sandbox that will be available in the coming spring. This isolated testing environment would help central banks test CBDC prototypes and pilot programs. The global financial company hopes that this initiative will help bridge the existing rift between financial systems and CBDCs “We’ve spoken with nearly 30 central banks to understand their perspectives on CBDCs and to...
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Image sourced from WeeTracker. /* custom css */ .tdi_4_3a1.td-a-rec-img{ text-align: left; }.tdi_4_3a1.td-a-rec-img img{ margin: 0 auto 0 0; } While the world continues to deal with the challenges of the pandemic, it is emerging markets such as Sub-Saharan Africa that have faced the biggest challenges. According to the World Bank, Sub-Saharan Africa has been hit the hardest by the economic impact of COVID-19, with an estimated 23 million people in the region projected to be pushed into poverty by the pandemic. SMBs Need Support with Challenges Caused by COVD-19 /* custom css */ .tdi_3_0ed.td-a-rec-img{ text-align: left; }.tdi_3_0ed.td-a-rec-img img{ margin: 0 auto 0 0; } While there are some sectors in the region that have accelerated their adoption of digital technology throughout the pan...