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Nifty News: Metaverse bank robberies, Trump NFT business prefers crypto over cash, and more

admin by admin
July 17, 2023
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Nifty News: Metaverse bank robberies, Trump NFT business prefers crypto over cash, and more
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stick em up! Bank Robbery Practice in the Metaverse

Bank of America is blending the virtual reality metaverse and artificial intelligence to train new employees on everything from dealing with angry customers to bank robberies.

Bloomberg informed of On 13 July, the bank’s 2,000 new employees underwent a week-long training regimen that included slipping on VR headsets to practice responding to a variety of simulated situations.

VR modules include mundane situations such as helping a distressed customer or interrogating someone demanding a large amount of cash, and extreme situations such as an extreme bank robbery.

Newcomers can relax in VR by riding a unicorn or sitting on an island.

An irate virtual customer has to be pacified by new BOA staff. Source: Bloomberg

AI has also been deployed in training, with new employees practicing interacting with a bot acting as a customer and being helped through the conversation by another AI bot.

Currently, more than 200,000 global BOA employees have access to virtual training. The bank’s call centers also have an AI coaching bot to assist in interactions with customers. Managers can also delegate further employee training to bots.

Mike Wynn, innovation and design executive at BOA Academy, told Bloomberg that the training is beneficial because these scenarios “are traditionally difficult to teach.”

“VR creates anxiety, it gets your heart rate up. It bothers you,” he added.

It is also looking to use its metaverse at job fairs to entice young audiences to a lucrative career in banking, so that they can virtually live a humble life as a bank associate.

Donald Trump’s NFT Business Opts To Keep Funds On-Chain

Former United States President Donald Trump’s non-fungible token (NFT) licensing business is choosing to keep his funds on Ethereum, with a recent update revealing that he has nothing in his bank account.

The updated disclosures filed by Trump with the Office of Government Ethics made public on July 13 provided more details on his finances and business dealings – a legal requirement as he bids for the presidency again.

CIC Digital, the firm that receives revenue from licensing fees for NFT collections that use Trump’s likeness, has a US bank account with a balance of less than $1,000.

Meanwhile, the company’s Ethereum wallet holds between $250,000 and $500,000.

In disclosures last April, Trump said he earned anywhere between $500,000 to $1 million from his NFT licensing deals.

Trump’s renewed bid for the presidency legally requires him to file a “personal financial disclosure”, which may be of a broad nature, but it is unclear whether he has sought to make his financial disclosures more specific. Why updated?

Two rounds of NFT collectibles featuring Trump’s image have been released, the last of which, released in April, sold out on its first day.

Siemens $560K Campus First to Be Built in Metaverse

German tech conglomerate Siemens has committed to building a new $560,000 (500 million euro) technical campus near Nuremberg, Germany, but it will appear digitally in the Metaverse for the first time.

Siemens on July 13 Said It is spending a $1.1 billion (1 billion euro) investment to create a “blueprint for the industrial metaverse” in the country. Half of that amount is going with the goal of making the campus a hub for the Industrial Metaverse – a digital recreation of the spaces used for problem solving and analysis.

According to Siemens, the campus will be built just north of Nuremberg and before construction begins the buildings will be planned and simulated in the Metaverse, then copied into the real world.

The digital replica will allow the layout to be adapted and adjusted before any ground is broken. The complex will be set up alongside its existing factory that makes electronic components.

The funding is part of a $2.2 billion (2 billion euro) investment plan the company announced last month, aimed at building new education centers and regional centers for the company.

Puma sneaker NFT lets you listen to tracks while you’re on the go

Sports shoe company Puma, NFT company Legitimate and rapper Jay-Z’s entertainment agency Roc Nation have teamed up with NFT for an integrated sneaker collection.

The collection was named “The Evolution of the Mixtape”. Free July 14 and consists of three sneaker models named “Disc,” “Cassette Tape” and “Playlist.”

There is an NFC chip in the tongue of the left shoe that can be tapped with a phone to provide access to a special portal featuring unreleased music, video content and a documentary from Roc Nation artists.

Connected: ZachXBT’s research is cited in Canadian NFT rug pull class-action lawsuit

are shoes worth At $130 a pair and from legitimate brokers the NFC tag can be combined with the NFT which authenticates the genuine product.

Such “phygital” streetwear has proved popular, with French luxury brand Dior sending out a new range of sneakers in June in which one pair came with a “digital twin” – an NFT.

More Nifty News:

NFT firm Dapper Labs had its third round of layoffs in nine months on July 13, laying off 51 full-time employees and contractors, roughly 12% of the company’s workforce. Last year in November and February 2023, it reduced the number of employees by 22% and 20% respectively.

An NFT collector shared how he secured a $35,000 decentralized finance (DeFi) loan by pledging a Patek Philippe luxury watch, which was converted into an NFT, providing ownership of the watch to secure the transaction.

NFT Collector: Interactive NFTs are the future of gaming, Vegas Sphere enthuses