Author: Emirates Insight

According to Meta (previously Facebook) CEO Mark Zuckerberg, the business is starting to expand the worldwide support for non-fungible tokens (NFTs) on its photo and video-sharing platform Instagram.The announcement comes after the social network’s initial NFT test launch in May 2022. Users and companies in over 100 countries throughout Africa, Asia-Pacific, the Middle East, and the Americas will now be able to post their NFTs on Instagram as a result of this expansion.Users may link a digital wallet to Instagram’s NFT capability, share NFTs, and automatically identify a creator and collector for attribution. Prior to the rollout, the support was only available…

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The Metaverse continues to advance in the technical arena as more individuals and brands become aware of its enormous potential. Despite its recent popularity, the concept of the metaverse is far from novel. Until recently, it was only an idea that had been proposed and experimented with, but it was never officially developed as previous attempts failed to gain momentum. Much of its current popularity may be traced due to Facebook’s renaming to ‘Meta’ in October 2021. The social media network stated that it intends to invest $10 billion on the metaverse in the coming year and complete the transition within…

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If a research team’s idea bears fruit, South Koreans may soon be able to carry a gadget within their own bodies in the form of a customised tattoo that automatically notifies them to potential health risks.Researchers at the Korea Advanced Institute of Science and Technology (KAIST) in Daejeon, southwest of Seoul, have invented an electronic tattoo ink that serves as a bioelectrode and is made of liquid metal and carbon nanotubes.It can deliver a readout of a patient’s heart rate and other vital indicators such as glucose and lactate to a monitor when connected to an electrocardiogram (ECG) device or…

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Shopify, an e-commerce platform, revealed on Tuesday that it will reduce 10% of its staff – around 1,000 people across verticals – because it could not foresee that the e-commerce business would continue to grow at the same rate after the pandemic.Tobi Lutke, the company’s CEO, stated in a statement that Shopify must reduce its employees, with around 10% leaving by the end of the day. “The majority of the impacted positions are in recruiting, support, and sales, and we’re also cutting specialised and duplicate roles across the organisation, as well as certain groups that were handy to have but too…

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Freelancing is very popular these days. Many people are leaving full-time jobs to pursue freelancing. Some people use it as a part-time job to supplement their income. What exactly is freelancing? Is it a feasible source of income in Pakistan? How can I start making money online as a freelancer in Pakistan? This article goes over all of these specifics. Let’s get this party started: What exactly is freelancing?Freelancing is offering your services in exchange for payment to various vendors on a project basis. This indicates you are not a full-time employee for a certain firm or customer. It allows you to…

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With the continual desire to enhance the gaming business, several payment alternatives have emerged. As a result, the gaming business has evolved to accept all payment methods, including fiat and cryptocurrency. Crypto payment systems have given a better way without risking customer protection. Furthermore, it provides secrecy and speed for every transaction, which contributes to its global appeal. Monetary transactions using crypto are simple to carry out and incur no or little processing fees. Top Crypto casinos were supplied for gamers with crypto wallets. Again, it is clear to see why bitcoin casinos are so popular in the gambling industry. This…

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Working from home or remotely may be freeing since it allows you to travel the world, work at your own chosen office hours, and spend more time with family and friends.The downside is that it might be tough to organise your time efficiently. When there is no one to keep you accountable, establish goals for you, or supply you with a rigid schedule, it is easy to become demotivated, slip into poor habits, or simply fail to do enough work each day. It’s easy to criticise yourself for your lack of discipline, but the fact is that this is a problem…

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Canada has announced that two of China’s largest telecommunications equipment manufacturers would be prohibited from operating on its 5G phone networks.The country’s industry minister announced the restrictions against Huawei and ZTE on Thursday.According to Francois-Philippe Champagne, the measure would improve Canada’s mobile internet services while also “protecting Canadians’ safety and security.”Huawei Canada, on the other hand, said it was “disappointed” by the decision, which it called “political.”A statement added, “This is a sad political decision that has nothing to do with cyber security or any of the technology in question.” Several countries, including the United Kingdom, the United States, Australia, and…

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The messaging app’s increased file sharing limit and larger group conversations are now available to all users.What’s new in the WhatsappWhatsApp has begun to send out emoji replies to all users.The chat app’s larger file sharing size limit is now accessible to all users.Users are also gaining the option to create groups of up to 512 individuals.WhatsApp’s message responses have begun to show for a larger number of users on the stable channel after a few weeks of beta testing, however the emoji selection is now restricted to six.The new emoji replies are already available on Android and iOS devices,…

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SadaPay has announced that the State Bank of Pakistan (SBP) has awarded it in-principle permission for an Electronic Money Institution (EMI) licence. This permission enables SadaPay to prepare its operations for the pilot phase, during which the digital wallet will be provided on a restricted scale and will be supervised by the regulator.Brandon Timinsky, an American serial entrepreneur, started the firm after his last venture in the United States was bought. Timinsky has spent the last year assembling a team of banking professionals, liaising with regulatory authorities, and laying the groundwork for a “digital first” financial institution in Pakistan. Dr.…

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