Step into a futuristic digital realm, where virtual worlds blend seamlessly with reality. This is the metaverse, a tangible fusion of blockchain and artificial intelligence (AI) technologies, not just a sci-fi concept, but a present-day reality. The blockchain serves as the base, ensuring transparency and trust like a robust scaffold for your metaverse adventures. It safeguards your virtual treasures by assigning each a digital token, granting ownership rights and a traceable history. In this realm, where experiences and value coalesce, blockchain is your gateway to a secure and transparent metaverse journey. AI’s Revolutionary Impact: AI drives transformation within the expanding…
Author: Wakanda Magazine
Finance is a cornerstone of our modern society, a complex system that underpins everything from daily business transactions to the very structure of the global economy. However, this system, long dominated by central institutions and intermediaries, is undergoing a radical transformation thanks to the emergence of decentralized finance, or DeFi. This major innovation, powered by blockchain technology, challenges existing financial paradigms and promises to redefine how we save, invest, and access financial services. From asset exchange without the involvement of a third party to the creation of fully automated financial markets, DeFi is not just adding new features to the…
In the rapidly evolving world of blockchain and digital assets, traditional asset management practices face a significant challenge: how to bring the same level of professionalism, expertise, and client protection to this new asset class. In response to this challenge, Etherbridge, a digital asset-focused team, embarked on a quest to find a partner, capable of navigating the complexities of the digital asset landscape while ensuring client protection. This case study delves into the partnership between Lima Capital LLC (Lima) and Etherbridge and explores how the fund successfully transformed into a sustainable entity. The Genesis of Etherbridge In 2019, Etherbridge embarked…
RegSharp Audit & Consulting is a French regtech company based in Paris. Founded in 2021, RegSharp has a task force team of 10 consultants that provides sound expertise in the compliance and management of Web3 new offerings and experiences, falling in the regulated area. RegSharp has developed a dedicated processing expertise and a set of practices adapted to the Web3 fintech ecosystem. Bruno Joanides CEO and founder has more than 15 years of experience in the European startup ecosystem. He and his team have a recognized expertise of the European Union supervision bodies. RegSharp has more than 25 proven tracks…
This article is a guide for newbies to navigate the new frontier. Embracing the dynamic world of cryptocurrencies is an exciting yet formidable endeavor. This move necessitates a readiness to adapt, acquire new knowledge, and embrace the inherent uncertainties associated with emerging technologies and markets. ‘In the world of cryptocurrency, education is your greatest asset’ The virtual asset course, spearheaded by Mr. Benito Elisa, serves as an essential foundational step. Prior to immersing oneself in cryptocurrencies, it is imperative to dedicate time to grasp the fundamentals. This entails a thorough understanding of blockchain technology, the mechanics of various cryptocurrencies. Enables…
At the beginning of the 2000s, hardly anyone could have imagined how rapidly our world would change due to the internet. Questions arose, such as why we should write emails or why we should consume online content when we could send letters and watch television. The idea that the internet would bring the world to our homes or on the go, making information globally accessible and enabling communication with people on the other side of the world without fear of exorbitant phone bills, seemed practically unimaginable. Virtually all aspects of our lives have been affected by the far-reaching influence of…
Recent regulatory development in the area of digital assets now makes it possible to consider the tokenization of private properties. As witnessed by other countries such as the USA, France or India, this alternative investment vehicle could revolutionize worldwide real estate market by increasing property accessibility, liquidity, efficiency, and transparency for investors. In short, tokenization is the process of fragmenting private real estate ownership into tradable digital tokens stored and secured on a blockchain platform. For instance, you could buy 1 token which would represent a fractional ownership of 5m2 of a private apartment in Dubai UAE. Your space/token could…
As already commented in our introductory article on this topic, decentralized finance (DeFi) is among the most innovative instruments underlying blockchain technology, enabling greater financial inclusion. This disruptive technology is on the spotlight of traditional banks and state agencies that aim to ban certain activities. However, regulatory agencies are obliged to evaluate the rights of these new companies to operate legally within a safe legal framework designed for users’ protection preventing fraud and any type of illegal activities. Many regulatory debates in the crypto sphere are connected with users’ privacy. State agencies, international entities and the police forces abide by…
n the ever-changing realm of blockchain, virtual assets, and the metaverse, finding the right consultancy to guide you through crypto regulations and licensing is essential. Wakanda 4.0 is your trusted partner in the crypto consulting world, specializing in helping businesses set up shop in the business-friendly environment of Mauritius. Our expertise covers crypto licensing, platform selection, and Initial Token Offerings (ITOs), making the intricate processes easy for your venture. Crypto Licensing Expertise: Obtaining the right licenses for your virtual asset business is a major hurdle in the crypto industry. At Wakanda 4.0, we excel at helping you choose the perfect…
MiCA is the EU’s first crypto regulatory framework, focusing on consumer protection, financial stability, and innovation by establishing clear standards for market participants. · The EU’s MiCA regulation streamlines licensing, supervises stablecoins, and improves anti-money laundering measures. · While positioning the EU far ahead of other regions in crypto regulation, MiCA has some potential drawbacks including increased compliance costs, reduced anonymity for users, and concerns about overregulation. The Markets in Crypto Assets Regulation (MiCA) is a crucial regulatory framework devised by the European Union that reached consensus in October 2022. Ratified by the European Parliament on April 20, 2023, MiCA…