The effect of technological innovation on economic growth has received significant attention in Southern Africa. Due to its speedy development and potential impacts, innovation and digital processes have become a norm in most South African countries. According to McKinsey, tech has the potential to unlock greater productivity across sectors; improving
It was typical to see young people wasting their time doing what was considered to be “nothing” decades ago, when the game industry was still in its infancy. But the game business has seen countless revisions and modifications since those storied times. With the introduction of virtual reality and the
Following the cryptocurrency exchange company, FTX’s collapse in an event that began with a reported article by Coindesk about claims that stated that Alameda Research, its crypto trading firm (now including its US subsidiary, FTX.US) have a suspicious balance sheet, tons of other media reports have expounded the
The South African media giant, Primedia, announced that it had purchased virtual land in the African Metaverse’s Ubuntuland from Africarare. Among the well-known brands owned by the corporation are Primedia Outdoor (billboards), Primedia Broadcasting, and the well-liked, award-winning news organization Eyewitness news. The news was announced during the inaugural
By purchasing virtual property in Africarare’s Ubuntuland Metaverse, which does not yet exist, Nedbank has become the most recent significant South African corporation to join the non-fungible token (NFT) mania. In order to become the first African financial services organization to enter the Metaverse, the bank claimed to have
The Metaverse will become the most user-friendly tech when it finally goes past its current relatively nascent state. It is user-friendly because by definition and operability, the Metaverse is the next iteration of the internet that seamlessly combines our digital and physical and social lives. What exactly is the Metaverse?
The significance of the Metaverse’s knowledge cannot be over-emphasized. With the rapid increase in the blockchain technology adoption in finance, gaming, entertainment, and several other areas, it has become a necessity to benefit from this emerging technology. The Metaverse is simply a virtual world where people live, work, shop,