Nokia Believes the Metaverse Will Replace Smartphones in the Future
Nokia, one of the first companies to manufacture a consumer-grade mobile phone system, now believes the metaverse will cause phones to become deprecated. These metaverse experiences will be powered by the use of virtual reality (VR) headsets and augmented reality glasses, and will allow users to interact in several activities. Industrial usage will also be significant. Nokia Predicts the Fall of the Mobile Phone in Favor of the Metaverse Nokia, one of the first manufacturers to create a mobile phone system, is predicting the fall of the mobile phone trend known today at the hands of the....
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A majority of the developers believe that crypto and blockchain innovation will be "critical to shaping the future of the metaverse." A new study shows that developers believe that the metaverse may become the “most popular” way to buy and sell crypto someday.The study, commissioned by API provider Agora, surveyed 300 developers' thoughts and ideas about the metaverse. "Since they will be positioned on the front lines of practically every development that takes place in the metaverse, their thoughts and opinions ultimately carry a great deal of weight," says Tony Zhao, the founder and CEO....
The funding will also go towards a grant program for developers building extended reality-focused gaming, health, wellness, media, and entertainment experiences. Multinational software and microchip giant Qualcomm Incorporated has launched a $100 million Metaverse fund to back extended reality (XR), artificial intelligence (AI), and augmented reality (AR) tech companies. Extended reality, or XR, refers to the combination of smartphones along with AR and VR technology such as headsets and glasses. The investment project is dubbed the “SnapDragon Metaverse Fund” in reference to the firm’s....
Walkathons are a popular way to raise funds for charities. Today, at the Nokia Futurecom conference in Brazil, Nokia is partnering with Bitwalking, the Walking Dollars (W$) digital currency app, to launch its first charity fundraising event in São Paulo from October 17-20. Walkers will use the app to raise money for an educational project sponsored by Nokia in Latin America. The idea behind Bitwalking is to encourage people to remain healthy by walking and get rewarded with Walking Dollars for their efforts. For over a year, the Bitwalking Android app has been undergoing private testing in....
Nokia’s permissioned blockchain platform will reportedly allow trusted data exchange and monetization among client participants. Smartphone maker Nokia has announced the launch Nokia Data Marketplace — the company’s enterprise-grade blockchain-based data marketplace infrastructure service.In a release issued on Wednesday, Nokia revealed that its new blockchain service reportedly offers data transaction and analysis within the framework of a secure private, permissioned blockchain infrastructure. As part of the announcement, Nokia declared that clients across diverse industries can....