CPG companies to invest significantly in metaverse in 2023 The buzz around the metaverse is gaining momentum. Consumers, especially the Generation Z, are keen to transverse and experience the virtual world and the consumer-packaged goods (CPG) companies have been cognizant of the pulse of the consumers. https://medium.com/@techinsight360/metaverse-adoption-in-agriculture-sector-expected-to-be-a-key-focus-area-in-2023-ef72e4e69256

Metaverse adoption in agriculture sector expected to be a key focus area in 2023 The concept of the metaverse has been gaining significant attention in recent years, and its potential applications in various industries are being explored and the agriculture industry is no exception. https://tech-insight-360.blogspot.com/2023/04/metaverse-adoption-in-agriculture_28.html

Data breaches at major telecom operators emphasize the need for robust API security measures Globally, the use of APIs has been on a constant increase as they are a great tool for businesses. However, the growth of APIs has also resulted in a significant rise of API security breaches over the last few years. Notably, unprotected APIs (application program interfaces) have emerged as the leading factor behind the disastrous data breaches that have occurred at major telecom operators around the world, in the recent past.

Global tech giants intensify efforts to gain market share in metaverse - surge in tie-ups with blockchain companies Metaverse is the new frontier in the world of technology offering a humongous potential for exploration and development for the futuristic globe. The exciting and untraveled journey of the metaverse has grabbed attention across countries in terms of importance to rapidly develop their Web3 strategies to harness the benefits over the coming years.

Metaverse leading way for the transformation of education sector Web3 technologies and metaverse are expected to have a significant effect in the education industry. Immersive technologies are being developed with a greater emphasis than ever before in order to gamify the learning process and provide students with exciting learning experiences via virtual campuses.

Asian media and entertainment companies betting big on metaverse in 2023 Media and entertainment companies in Asia are entering the Web3 space to leverage the tremendous opportunities the virtual world has to offer. One of the most revolutionary and lucrative spaces of this decade.

The growing competitive landscape in the metaverse-powered social media segment Metaverse has become the go-to strategy among all major firms, including startups, across different industry verticals. From tech giants to luxury brands and retailers, everyone is seeking to dip their toes into the virtual world and capitalize on the widespread optimism in the segment.

API security firms are raising funds from venture capitalists to accelerate expansion and growth As cyberattacks have continued to become more and more sophisticated, API security has evolved into an even more important focus area for businesses around the world. The steep rise in API attacks is harming business innovation, consequently leading to higher demand for API security around the world.

Dubai developing world’s most advanced tourism blockchain marketplace UAE has disrupted the global tourism industry by bring in the blockchain technology for propelling the UAE tourism industry growth. Dubai launched its Tourism Blockchain Marketplace, a virtual B2B marketplace, with the objective to facilitate the global tourists with a better access to the domestic tourism industry.

NFTs are turning out to be a major revenue source for businesses Non-fungible token (NFT) industry has been undergoing a tough period in 2022, after achieving rapid growth in 2020 and 2021. With market conditions plunging, hacks and scams growing, and the increasing number of low-quality projects, the NFT industry has taken a significant hit over the last two quarters.