Metaverse Cops: INTERPOL Launch Online Virtual Global Police Force

Metaverse Cops: INTERPOL Launch Online Virtual Global Police Force
  • INTERPOL’s metaverse is designed for law enforcement around the world
  • INTERPOL warns of rising crime in the metaverse
  • Will INTERPOL become the new sheriff of the metaverse?

Metaverse cops: INTERPOL, the global police organization, have unveiled the first metaverse designed specifically for law enforcement around the world.

INTERPOL announced that the fully operational metaverse allows registered users to tour a virtual office at INTERPOL’s General Secretariat headquarters in Lyon, France. This is without geographical or physical boundaries. Users can interact with other officials through their avatars. Users can even conduct immersive training courses on forensic investigation and other policing capabilities.

According to INTERPOL, its metaverse is “designed for law enforcement around the world.” They say it will help global forces “interact with other officers through their avatars.”

It seems that INTERPOL wants to prepare for the possible future expansion of the metaverse. Madan Oberoi is the Executive Director of Technology and Innovation at Interpol. “The metaverse has the potential to transform every aspect of our daily lives, with huge implications for law enforcement.”

Oberoi says there is only one way for the police to understand the functioning of bad actors in this new virtual environment. “For the police to understand the metaverse, we have to experience it.”

INTERPOL warns of rising crime in virtual worlds

According to INTERPOL’s latest Global Crime Trends report, crime has increasingly moved to the internet as the pace of digitization increases.

“As the number of users of the metaverse grows and the technology continues to develop, the list of potential crimes will only expand to potentially include crimes against children, data theft, money laundering, financial fraud, counterfeiting, ransomware, phishing, and sexual assault and harassment.”

The creation of the metaverse for global policing began when the international body’s roundtable asked a question. “How can law enforcement continue to protect communities and ensure the rule of law?” Humans are interacting in new ways. So, the “limits of the physical world will increasingly shift towards a digital realm, seemingly without borders.” Therefore policing must be prepared for this new digital environment.

Will INTERPOL become the new sheriff of the metaverse? At least it seems that they don’t want to be left behind.

Metaverse cops
 Source: INTERPOL (Lyon headquarters)

The new trend among police agencies?

INTERPOL is not the first police division to launch a metaverse. Recently a division of the Dubai police launched its own metaverse police.

So the question remains. If a crime happens in the metaverse, is it really even a crime? Do we need a police force in the metaverse? And the most important question of all: Can metaverse cops catch Do Kwon?

Source: https://beincrypto.com/metaverse-cops-interpol-launch-online-global-police/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Global Cloud Native & Opensource Summit: What you need to know in 2022 & Beyond

Global Cloud Native & Opensource Summit: What you need to know in 2022 & Beyond

Cloud Data Architecture: What You Need to Know in 2022 and Beyond (Big Data Analytics) talks about cloud solutions, cloud analytics, decentralized storage, data democratization, and more.

Key takeaway pointers:

1) Cloud analytics is often associated with artificial intelligence (AI), machine learning (ML), and deep learning (DL). And it is commonly used in industry applications

2) Democratize advanced technology by allowing your employees to work efficiently within their current knowledge. With innovative technology, there is a learning curve that developers/technicians need to go through to make the most of that technology.

3) Decentralized storage works on a reasonably democratic concept where data storage is not concentrated in the hands of a few tech giants. Instead, it is a peer-to-peer cloud storage solution with ordinary users or miners managing the system. Users rent out free disk space on their drives and are incentivized with tokens in return for their contribution.

4) Cloud adoption is a strategy used by enterprises to improve the scalability of Internet-based database capabilities while reducing cost and risk. To achieve this, businesses engage in the practice of cloud computing or using remote servers hosted on the Internet to store, manage, and process critical data.

5) Distributed cloud will support expanded service availability. By 2023, the leading cloud service providers will have a distributed ATM-like presence to serve a subset of their services for low-latency application requirements. Many cloud service providers are already investing in ways to make their services available closer to the users that need to access them.

Moderator:
Athiratt Jarnyaharn, Director of Data at BukuWarung

Panelist:
Nikhil Singh Kushwaha, Senior Data Architect at OCBC Bank
Bernard Tan, Director, Internal Audit at ISACA Singapore Chapter
Anndy Lian, Chief Digital Advisor at Mongolian Productivity Organization

Global Cloud Native & Open Source Summit 2022 focuses on a full range of cloud-native & open source technologies and is committed to defining the standard of the next generation of software engineering.

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Global players flag ‘one size fits all’ approach in FM’s crypto tax

Global players flag ‘one size fits all’ approach in FM’s crypto tax

Additional comments on this article:

The feelings from the global market are positive in general. Now that the parameters are clear and India’s stand on crypto is considerably straightforward. Institution investors are looking forward to making some serious investments in India. In the last 2 days, I have seen new investments by fellow venture capitalists into public blockchain projects, meme coins, incubators and innovation labs. Crypto exchanges and projects are also working around the clock to onboard new users in India too. These are positive signs on the ground too.

Of course, on the other hand, there are users who are complaining non-stop about the tax and putting out statements that crypto should be decentralized, our government should not interfere.

Such wishful thinking would not be fulfilled by the regulators. The rules are in place acts as a form of control and protection for the Indian market. I am certain the users will get used to it and be reasonable about it soon.

– Anndy Lian

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Global players flag ‘one size fits all’ approach in FM’s crypto tax

Synopsis

While this is a positive step towards the adoption of technology for the future, a flat 30 per cent tax without any loss offset is alarming to a lot of investors, said Aliasgar Merchant, Developer Relations Engineer of New York-based Tendermint.

New Delhi: The recent announcement by India’s Finance Minister Nirmala Sitharaman to tax all private virtual assets at a flat rate of 30 per cent although lauded by global players has faced some scepticism regarding the approach.

Sitharaman on Tuesday announced that the taxation will be applicable without any exemption or deduction and the loss arising from the sale of virtual assets cannot be set off against income.

While this is a positive step towards the adoption of technology for the future, a flat 30 per cent tax without any loss offset is alarming to a lot of investors, said Aliasgar Merchant, Developer Relations Engineer of New York-based Tendermint.

Crypto exchanges and other projects are working towards getting Indian users on board after the announcement by FM in Budget 2022. Global crypto players believe that the tax clarity will enable fence-sitters to activate their India investments. Although some have flagged a lack of clarity around the announcement.

Bill Hugues, Senior Counsel & Director of Global Regulatory Matters at ConsenSys said, “The government’s move delays resolution of the issue. All things considered, it is still better than proposing a bad rule. But the chances of a bad rule remain and that is something that should concern anyone who cares about innovation in this space.”

The recognition of cryptocurrency in the Indian budget is definitely a positive step towards the future, believe experts. Many countries are considering crypto regulations, and India is paving a positive path for the industry, they said.

“As India is moving towards being a global superpower, it is imperative that the government starts recognizing and adopting cutting-edge technologies like Blockchain,” said Merchant, adding that the introduction of CBDC is welcome while all eyes are on its timely implementation.

Anndy Lian, Chairman, BigONE Exchange believes that institutional investors are looking towards making investments in India. He is positive about new investments by venture capitalists into public blockchain projects, meme coins, incubators and innovation labs.

There are users and industry players who are critical of the tax move and say that cryptos being decentralized, should not be regulated. Others are sceptical over treating all the virtual assets including tokens, coins, NFTs under one umbrella.

A one size fits all approach would likely fail to address any actual risks and unnecessarily constrain uses that are popular and not a public policy concern, they said.

“There is plenty of reason to believe that sensible regulation of the crypto space will be where we end up,” Hughes added. “But nothing is for certain with respect to regulation in this space, in any part of the world.”

 

Original Source: https://economictimes.indiatimes.com/markets/cryptocurrency/global-players-flag-one-size-fits-all-approach-in-fms-crypto-tax/articleshow/89343655.cms

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j