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

Jul 17, 2023 - cointelegraph.com
Bank of America is using a virtual reality (VR) metaverse and artificial intelligence (AI) to train new employees on various situations, including handling angry customers and bank robberies. The training includes VR modules that simulate different scenarios, and AI bots are used to help new hires practice conversing with customers. Over 200,000 global BoA staff have undergone the virtual training so far.

In other news, former US president Donald Trump's nonfungible token (NFT) licensing business, CIC Digital, is reportedly holding its funds on Ethereum, with its US bank account holding less than $1,000. Meanwhile, German tech conglomerate Siemens is planning to build a $560,000 tech campus in the metaverse before constructing it in the real world near Nuremberg, Germany. Sports shoe company Puma, NFT company Legitimate, and rapper Jay-Z’s entertainment agency Roc Nation have also collaborated on a sneaker collection integrated with NFTs.

Key takeaways:

  • The Bank of America is using a virtual reality metaverse and artificial intelligence to train new employees on a variety of situations, including handling angry customers and bank robberies.
  • Former United States president Donald Trump’s nonfungible token (NFT) licensing business is holding its funds on Ethereum, with recently updated disclosures showing next-to-nothing in its bank account.
  • German tech conglomerate Siemens is planning to build a $560,000 new tech campus in near Nuremberg, Germany, which will first appear digitally in the metaverse.
  • Sports shoe company Puma, NFT company Legitimate and rapper Jay-Z’s entertainment agency Roc Nation have teamed up for a sneaker collection integrated with NFTs, featuring an NFC chip that can be tapped with a phone to grant access to an exclusive portal.
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