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Urban Clouds

👉 Issue #45 of QX Snapshots is out!

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⛓ [𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧] Ripple has been approved by Ireland's Central Bank to operate as a virtual asset service provider (VASP). Registration allows Ripple to provide certain digital asset services in Ireland and the wider European Economic Area once the MiCA Regulation takes effect in 2024. On a similar note, India's GIFT City International Financial Center is launching its first regulated real-world asset (RWA) tokenization platform in January 2024. It aims to enable more foreign investment into development projects. Collated's new fintech Terazo will tokenize assets on Polygon blockchain under GIFT City's regulatory sandbox. Tokenized cash is also being piloted, with JPMorgan providing tokenized dollar accounts on its Onyx blockchain to settle Rupee forex derivatives. 

▶ [𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧] Ethereum Business Readiness Report 2023 is now available - Enterprise Ethereum Alliance

🤖 [𝐀𝐈] Apple Advances On-Device AI, Midjourney Unveils V6, UK Supreme Court Rules AI Cannot Hold Patents, and Allen & Overy Launches AI-Powered Contract Tool. Apple research reveals major advancements in on-device AI, including efficiently running large language models on iPhones and creating detailed 3D avatars from videos. This signals the potential for powerful AI enhancements like a generative Siri, richer apps, and highly realistic Digital Personas. 

▶ [𝐀𝐈] LangChain State of AI 2023 !

🎆 [𝐐𝐮𝐚𝐧𝐭𝐮𝐦 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲]   Quantum Network Milestone Achieved by Qubitekk and Qunnect, NIST Proposes Post-Quantum Crypto Guides, and EuroHPC Seeks Hosts for Quantum Computers. Quantum networking hardware companies Qubitekk and Qunnect conducted the first demonstration of interoperability between independent vendors' technologies on a live commercial quantum network. 

💻 [𝐌𝐞𝐭𝐚𝐯𝐞𝐫𝐬𝐞] Microsoft Debuts VR Office Suite on Meta Quest 3, Infinite Reality Showcases Metaverse Use Cases, VR Market Faces Sales Decline Despite Quest 3's Release.  Microsoft launched free VR versions of Word, Excel, and PowerPoint for Meta Quest 3 headsets, marking a step towards integrating essential productivity tools into virtual reality. At the same time, the VR market is shrinking with US sales down 40% in 2023. 


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