DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / April 18, 2022 / The digital revolution, which spiralled first with the first advancements of the internet, has since expanded to include mobile devices, big data, and cloud computing. It is reshaping people's lives by allowing them to do almost everything digitally. Blockchain technologies, for example, have accelerated the need for digitization, and they are the continuation of the internet's story. The industry's most prominent players have resorted to the blockchain by incorporating distributed ledger technology (DLT) into their regular operations and deploying it to a variety of initiatives. The new evolutions within the metaverse space is expected to provide users with access to virtual and augmented reality experiences in the real digital world.
The Dubai-based ICICB Group has revealed enticing details about the imminent launch of its own Metaverse space called "Cosmos" in May 2022. With the start of 2022, the financial investment holding company has taken up the slogan of "redefining the future" just in time. The Group launched the ICICB Chain, ‘the world's most exciting blockchain,' on February 22, 2022, through a successful private sale in an attempt to transform the digital financial industry into a decentralized virtual-reality platform. ICICB's blockchain solution has piqued the interest of the UAE's smart financial community as an innovative blockchain solution that pushes the boundaries of decentralized payments and artificial intelligence. This is due to its revolutionary ease of use, speed, transaction costs, and versatility. The unwavering characteristics serve as the foundation for the upcoming projects announced by ICICB, which will be released in May.
The ICICB Group is certain that the ICICB Chain will suit its clients' diverse priorities, especially since it boasts a vast ecosystem. In addition to its ingenious smart solutions, the Group envisions future implementation of the digital world through the Metaverse initiative, which will be a game-changer for the industry. The Metaverse by ICICB aims to change the way people interact with one another, allowing them to collaborate in ways that were previously thought to be only possible. The project's goal is to create a virtual universe with no barriers to communication and purchasing real estate. It will also enable the user to purchase clothing, cars, accessories, and other items to employ in their virtual life on Cosmos. This interconnectivity, which is lacking in other blockchain-based games and virtual worlds, will be beneficial to users. This metaverse will be a technological and visual revolution and will open up a new digital economy based on cryptocurrencies and blockchain technology, thus maximizing the real world's potential.
Cosmos will be the most immersive virtual world ever created, according to the company. It will include first-of-their-kind features such as the ability to own virtual land, vote in a virtual government, and earn money, as well as top-notch graphics that outperform previous metaverses. Furthermore, the unparalleled paradigm will include a fully functional digital financial system to support the blockchain-based digital world.
Mr. Arruda, the Group's Chairman, commented on the Group's innovation in the virtual realm, saying, "The metaverse is inevitable. Companies are rapidly developing their virtual worlds, and it won't be long before the entire world adopts them. When the time comes, we believe Cosmos will have established itself as the world's most immersive metaverse." Considering the series of successful groundbreaking steps taken by the company in such a short period, it is transparent that it will continue to advance and endorse wider adoption of digital products.
About ICICB Group
ICICB is an investment holding company specialized in financial services and investment offerings. Emerging as one of the fastest-growing multinational investment companies, they are based in Dubai, United Arab Emirates. The group serves a variety of industries including digital banking, consulting, medical care, commercial real estate, and more. Over the past few years, ICICB's mission has been the development and advancement of digital technology, integrated with everyday life to increase efficiency and sustainability. For more information, please visit https://icicb.com
SOURCE: ICICB
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