• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Sunday, April 2, 2023
TheGreatNews.com
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE
No Result
View All Result
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE
No Result
View All Result
TheGreatNews.com
No Result
View All Result

Zuckerberg details his plan to move your digital items across the metaverse

in NEW TECHNOLOGIES
Reading Time: 4 mins read
A A
Share Share Share Share Share

Mark Zuckerberg announced on Wednesday that Facebook Pay has officially become Meta Pay, but his post is mainly focused on what the company hopes to build in the future — “a wallet for the metaverse.” While Meta Pay is essentially the same tool as it was before, just with Meta branding, Zuckerberg says the company is working on something that will let users manage their identities, items, and payment methods while making their way through the digital world that Meta bets will be the future.

The company has hinted at these plans before — its May announcement of the Meta Pay rebranded also mentioned that it was “scoping out what a single wallet experience might look like” with regards to making payments and storing your identity and digital items. Zuckerberg’s post, though, focuses mostly on how the company’s metaverse wallet will enable proof of digital ownership; he mentions how it could be used to create and buy “digital clothing, art, videos, music, experiences, virtual events, and more.”

A Facebook post from Mark Zuckerberg, talking about the company’s plans for Meta Pay and a wallet for the metaverse.

Zuckerberg admits the idea is in its early days.

Related articles

Garbage is sometimes a HIPAA violation

JBL announces the Tour One M2 headphones and Tour Pro 2 earbuds

The concept of a wallet that proves you own digital items sounds a lot like crypto wallets that hold NFTs. And while Zuckerberg’s post doesn’t mention the blockchain at all, the company has recently been working on integrating NFTs into Instagram and Facebook. Still, the company hasn’t really said whether it plans on actually building its metaverse using crypto or whether it’ll just take inspiration from it. (Given Meta’s history, the latter may be the best option; its attempt at making an actual cryptocurrency didn’t end well, and it’s reportedly looking into a digital currency that’s not based on the blockchain.)

Zuckerberg also says the plan is for Meta’s wallet to be interoperable, letting you bring your goods to “any metaverse experience.” While Zuckerberg has admitted that he’s not sure what interoperability will look like between companies, Meta recently helped form a standards group with the goal of getting everyone on the same page when it comes to language and tech related to the metaverse.

The wallet that Zuckerberg details is likely a ways off — especially if it’s meant to be interoperable based on standards that don’t exist yet. However, that hasn’t stopped the company from selling digital items in the meantime; it already has a store that sells clothes for your digital avatars.

Credit: Source link

ShareTweetSendPinShare
Previous Post

How to add Instagram close friends

Next Post

FedEx will soon photograph your package to prove it was delivered

Related Posts

Garbage is sometimes a HIPAA violation

Garbage is sometimes a HIPAA violation

August 30, 2022

After the Supreme Court decided to end federal protection for abortion in June, many abortion advocates and lawmakers started agitating for the Biden administration to make...

JBL announces the Tour One M2 headphones and Tour Pro 2 earbuds

JBL announces the Tour One M2 headphones and Tour Pro 2 earbuds

August 30, 2022

JBL has just announced the Tour Pro 2 wireless earbuds, featuring adaptive noise cancellation and customizable ANC alongside a charging case with a 1.45-inch LED touchscreen...

Elon Musk says whistleblower’s testimony gives him more reasons to dump Twitter deal

August 30, 2022

Elon Musk says the disclosures of Twitter’s former security chief have given him new justifications to walk away from his $44 billion deal to buy the...

Logitech’s cloud gaming handheld leaks with Android apps and Switch-like UI

Logitech’s cloud gaming handheld leaks with Android apps and Switch-like UI

August 30, 2022

Logitech’s new cloud gaming handheld has leaked weeks after the company teased it was working on the new device. Logitech G and Tencent Games confirmed their...

Meta links Instagram’s NFT posts to Facebook as the market for ‘digital collectibles’ tanks

Meta links Instagram’s NFT posts to Facebook as the market for ‘digital collectibles’ tanks

August 30, 2022

Meta has been testing support for NFT “digital collectible” posts on Instagram since May, and if you’re among the expanding group of people with access, then...

Next Post
FedEx will soon photograph your package to prove it was delivered

FedEx will soon photograph your package to prove it was delivered

What’s New on Netflix in July 2022

What's New on Netflix in July 2022

How rice gene edited with CRISPR could help tackle climate change

How rice gene edited with CRISPR could help tackle climate change

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Breaking Barriers to Healthcare: Strategies for Improving Affordability

Breaking Barriers to Healthcare: Strategies for Improving Affordability

March 28, 2023
blood

Unvaccinated Blood: Balancing Medical Necessity and Public Health Concerns

March 28, 2023
TheGreatNews.com

This is an online news portal that aims to provide the latest updates about mindset, well being, positive news, wisdom, purpose, new technologies, entrepreneur, green energy, success, good life and stuff like that around the world. Feel free to get in touch with us!

© 2021 - TheGreatNews.com - All rights reserved!

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
No Result
View All Result
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE

© 2021 - TheGreatNews.com - All rights reserved!