Report: Investment Management Giant Invesco Launches Metaverse Fund

The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious approach,” Tony Roberts, Invesco’s fund manager, explained. Invesco Reveals Metaverse Fund — Investment Manager … Read more

Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function

The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial institutions to change the way they operate. According to Emefiele, this requires the central bank’s monetary policy committee (MPC) to rethink the way it regulates the financial system. … Read more

Kuwait-Based Islamic Bank Enters the Metaverse

Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox. Pioneering Digital Transformation In what has been described as a first for an Islamic bank, the … Read more

Top 5 AI & Big Data Tokens Below $50 Million Market Cap to Watch in 2022

As we’ve already pointed out in our previous Top 5 AI & Big Data Tokens by Market Capitalization In June 2022, Artificial Intelligence (AI) is the advanced analytics and information streamlining the underpinning of the field of computer science. It is estimated that by 2025, the worldwide AI market will be worth $390.9 billion. Many … Read more

Top 5 AI & Big Data Tokens by Market Capitalization In June 2022

Advanced analytics and information streamlining underpin the field of computer science known as artificial intelligence (AI). By 2025, the worldwide AI market will be worth $390.9 billion. This results from AI’s broad potential for use, even in the Robotics field, as we’ve reported earlier. Every significant business could be affected by AI’s potential. This covers … Read more

Top 5 Most Advanced AI Robots in 2022

Robots are anything that automates particular jobs, completes them quickly and accurately, and does the work with little to no human assistance. A robot is a device created by humans that use automation to complete tasks quickly. Security, agriculture, healthcare, and space exploration all benefit from robotic technology. Definitions: Robotics and Artificial Intelligence are two … Read more

Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker

The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits. African Regulators’ Stance on Crypto Cryptocurrencies can potentially complement mobile money in Africa if regulators on the continent are made to change … Read more