Fun

News Feed - 2023-09-21 02:09:57

Martin Young3 hours agoUK politicians don metaverse avatars as they share Web3 roadmap“Web3 represents a paradigm shift that reimagines the very fabric of the internet,” said British MP Natalie Elphicke.901 Total views7 Total sharesListen to article 0:00NewsJoin us on social networksA group of British politicians took to the metaverse to address global leaders in a 51-nation gathering on Sept. 20, setting out a vision for the United Kingdom’s blockchain and Web3 industries.


The metaverse gathering saw eight British Lords and politicians address global leaders on the opportunities and challenges posed by the growth of Web3 technology


Natalie Elphicke, member of parliament and chair of the new All Party Parliamentary Group (APPG) for Blockchain Technologies, appeared as her unique avatar in the metaverse, where she stressed the importance of the next iteration of the internet:“Web3 represents a paradigm shift that reimagines the very fabric of the internet.”As chair of the APPG on blockchain technologies, I was pleased that me and Avatar Natalie could join the British Blockchain Association’s Global Summit today to give a keynote speech - held in the metaverse. @Brit_blockchain @APPGBlock pic.twitter.com/hDriQA5rAv— Natalie Elphicke MP (@NatalieElphicke) September 20, 2023


In her keynote, Elphicke said that the U.K. has the potential to become a blockchain-enabled “smart country” but noted the nation was “lagging competitors” in securing blockchain-related jobs.


The first U.K. national priority is Web3 industry growth and workforce planning, she said before adding:“Part of that is about making the U.K. an attractive hub for Web3 founders, developers, programmers and companies to work here.”Natalie Elphicke metaverse avatar. Source: APPG


Elphicke called for more national blockchain roadmaps and collaboration between countries, commenting that so far, fewer than 12 countries have published roadmaps.


She said another priority was taking forward the National Blockchain Roadmap, published in 2021. The roadmap sets out an ambition to build a blockchain-based “digital nation,” with the technology being applied to climate mitigation efforts, industrial symbiosis networks and digital identity programs.Natalie Elphicke’s metaverse avatar. Source: APPG


She also mentioned DeFi, stating that it poses “unique challenges and opportunities for regulators and policymakers,” before adding that “ensuring transparency, auditability, and accountability in these ecosystems is paramount.”


Related:Top 5 universities to study blockchain in the UK


The Conservative Party politician also spoke about real-world asset tokenization. “It is unquestionable that our world is being tokenized,” she said before adding, “Physical assets are getting tokenized, and this trend will only grow from here.”


However, on Sept. 19, the Online Safety Bill, aimed at regulating certain U.K. internet services, including activities in the metaverse, passed through parliament.


Magazine: Is the metaverse really turning out like ‘Snow Crash?’# Blockchain# UK Government# Metaverse# Web3Add reactionAdd reactionRead moreHow to earn passive income with peer-to-peer lendingDecentralized finance needs alternatives to blockchainIndian state governments spur blockchain adoption in public administration

News Feed

Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a nu
FTC Commissioner Cites Libra in Support of Fed’s Real-Time Payment System
The Libra cryptocurrency project should be sufficient motivation for the Federal Reserve launch a real-time payments system, a senior government official wrote Thursday. Federal Tra
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s secon
Arizona’s Senate mulls proposal to add Bitcoin ETFs to retirement portfolios
Brayden Lindrea8 hours agoArizona’s Senate mulls proposal to add Bitcoin ETFs to retirement portfoliosSatoshi Action Fund’s CEO Dennis Porter said even adding a small amount of Bitcoin ETF exposure could “DRAMATICA
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of
Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns
Este artículo también está disponible en español. Solana has faced increasing selling pressure and negative sentiment as the broader meme coin market continues to decline
Biggest Movers: AVAX, RUNE up Over 10%, as CAKE Surges 20% on Thursday
Biggest Movers: AVAX, RUNE up Over 10%, as CAKE Surges 20% on Thursday AVAX was once again higher on Thursday, rising for its fourth consecutive session, as it further cements itse
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow AdoptionAfricans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Res
Turner Wright13 hours agoRipple’s chief financial officer steps down amid SEC lawsuitThe SEC filed a lawsuit against Ripple in December 2020 for using XRP to raise funds, which the commission claimed was a violation of
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues According to statistics, the stablecoin BUSD saw a significant drop in its supply over
Bitcoin Price At $100,000: Road To More Gains Or Potential Bull Trap? Analyst Has Answers
Este artículo también está disponible en español. The Bitcoin price has soared above $100,000for the first time ever, sparking optimism among market participants. In line
Caribbean Crypto Hotbed: More Than 40 Businesses Accept Bitcoin Cash in Antigua
Caribbean Crypto Hotbed: More Than 40 Businesses Accept Bitcoin Cash in Antigua Cryptocurrencies have been getting quite popular in the Caribbean region and in A