WAO ART #428

UAE records $25 billion of crypto transactions in 2022. UAE aims to double the contribution of the digital economy to its GDP within 10 years. Dubai Multi Commodities Centre releases report on Web3 and digital decentralization.

Worldcoin has reached 10M users for its iris biometrics, digital ID, and cryptocurrency project. The company could face a $1M fine in Argentina for including "abusive clauses" in its customer agreements. There are concerns about where Argentines' data will be stored, as it appears to be in Brazil.

Neste and Air New Zealand have signed an agreement for the supply of nine million liters of sustainable aviation fuel (SAF). This is the largest purchase of SAF from Neste made by any airline outside North America and Europe.

Google is testing AI-generated summaries for user queries on its search engine. The AI-generated responses will appear as an "overview" for certain topics. The trial will be limited to users in the US and UK to prevent misinformation and bias.

Binance Academy has partnered with European universities to offer blockchain courses. The courses are designed and recorded in collaboration with esteemed professors. The courses cover topics such as digital assets, blockchain applications, and advanced corporate solutions.

AI technology breakthroughs in Africa are reshaping the labor market, offering new job opportunities and challenges. AI integration into sectors reduces the demand for laborious tasks, allowing workers to focus on complex and high-value duties.

Bitcoin is considered a superior savings tool due to its scarcity and resistance to asset debasement. Traditional assets are losing value due to overproduction and inflation. The upcoming Bitcoin halving is expected to drive significant price appreciation, making it an ideal long-term savings option.