Tag Archives: metaverse

The Metaverse in Your Neighborhood

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State and local governments tend to be the early adopters of emerging technology in the public sector. Smart city projects, grant management, and regional collaboration have driven localities to implement emerging technology to meet the real challenges of serving citizens. Today, states and localities are experimenting with how virtual reality, and more specifically the metaverse, can help further real-world connections in communities.

Trained by Avatars

Virtual reality has long been used as a tool for training in government - think flight simulators - but today, the technology is being used for more than just tactical training. Virtual reality is helping to introduce scenarios to improve the empathy and understanding of public servants. In the metaverse, public safety professionals can safely simulate responding to dangerous situations (without the real-world risks) while also adding in realistic interactions with "people" behaving as they would during a crisis. Continue reading →

Defining the Value of Digital Assets

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Digital assets are more than just bitcoin and they are having an incredible impact on how legitimate and illegitimate transactions are conducted. Breaking it down to a simple level there are three basic forms of digital assets:

  • Digital currency is the electronic form of traditional currency. It is what is stored in a digital wallet, transmitted electronically and then turned into actual cash when withdrawn from a bank or ATM.
  • Cryptocurrency is the encrypted form of digital currency that uses blockchain technology to move it around. Cryptocurrency does not require a financial institution to verify the transaction.
  • Non-fungible tokens (NFTs) are a one-of-a-kind digital asset that represents a real-world item such as photos, music, videos and trading cards.

Unfortunately, as with any new technology, bad actors are finding ways to exploit these assets while the rest of the world is still trying to fully understand them. Continue reading →