Clearly, retail did not get to this position by standing still. It evolved thanks to the ingenuity of forward-looking merchants and entrepreneurs, propelled on the unstoppable wave of technological progress. Today, as it was in the past, the retail world relies on the integration of cutting-edge technologies to survive and thrive.

It’s easy to think that we’ve reached the end of the road: that technological advancements have brought us to this point, and we’re now reaping the rewards of peak efficiency. Alas, there’s always another hurdle, another milestone, another level to be unlocked. In the recent past, retail has had cloud migration, contactless payments, and self-checkout. Today, the sector is contemplating nothing less than a revolution through the integration of Extended Reality (XR), IoT, deep learning, and spatial computing. The retail industry of the future is coming into sharp focus.

A Vision of Retail’s Future

It’s no exaggeration to say that one cutting-edge technology, spatial computing, is poised to transform retail in ways few people could scarcely conceive. 

Spatial computing, for the uninitiated, allows digital objects to interact seamlessly with the physical world. The term has gained significant traction of late, particularly due to the release of Apple’s $3,500 Vision Pro headset. That device, which Apple boss Tim Cook cites as a game-changer, will probably do more for the visibility of spatial computing than anything else due to the tech behemoth’s brand recognition and loyal customer base.

Projected to reach a value of $620 billion by 2032, spatial computing promises to forever alter how we live, work and play. In the context of brick-and-mortar retail, though, it brings very particular benefits.

One of the defining features of spatial computing is its ability to create photorealistic 3D models of products and environments, a capability that allows customers to physically interact with virtual objects. Extended Reality tech provides a welcome sense of scale and immersion that traditional online shopping simply cannot match. Even physical shopping is inferior by comparison.

The usage of Augmented and Virtual Reality (AR/VR) in the context of retail enables customers to experience products in an extremely memorable way, whether they’re shopping online or in a physical space. Imagine, for instance, having the ability to “try on” clothing or jewelry without needing to visit a bricks-and-mortar venue. Or being able to scrutinize a lifelike sportscar from every angle without visiting the showroom. Or seeing how a piece of furniture looks in your living room without getting the item delivered and hauled through the front door.

Spatial computing can also gamify the shopping experience, making the experience more rewarding. For example, retailers could choose to offer a prize to customers who spend the most time browsing in their flagship store, with wearable tech making the process of determining a winner easy. In-store quizzes, treasure hunts, and mini-games can also be facilitated with XR tech.

These are just some examples. In truth, spatial computing can enhance the customer experience in myriad ways: with digital shopping assistants, the introduction of streamlined checkout processes, the implementation of smart parking guidance systems, efficiencies in staff training, improved point-of-sale merchandising, enhanced demand forecasting and inventory management. And on and on.

The Posemesh: A Proving Ground for Retail Evolution

These are not hypothetical scenarios: spatial computing is already being actively used by tens of thousands of retailers, and many more are thinking about adopting it. Pilot schemes, meanwhile, are in progress everywhere.

At the center of this movement is the posemesh, a decentralized spatial computing protocol developed by Auki Labs. Ambitiously designed to onboard the next 100 billion people, devices, and AI, the posemesh is a foundational layer upon which developers can build and launch their own spatial computing applications.

Although Auki Labs have grand visions for the future of the posemesh, much of the current focus, for the reasons stated above, is to bring the posemesh to the retail sector – and vice versa. Indeed, Convergent is one of the leading applications developed by Auki Labs using this protocol. It’s a posemesh-powered augmented reality (AR) application that reduces training costs and simplifies task management in large retail stores.

Convergent offers a range of features tailored for retailers. One key feature is a detailed, searchable map that extends down to individual items on a shelf, enabling staff to quickly find what they’re looking for. It also presents the ability to superimpose spatial digital notes using AR throughout the store. This permits the assignment and tracking of tasks, helping guide employees with in-app navigation and saving management time. In essence, Convergent enhances workplace efficiency and communication.

A project two years in the making, the posemesh has already made waves in retail, with pilot programs underway in some of the world’s largest retail chains. Meanwhile, its implementation in the Plaza Premium Lounge at Hong Kong International Airport was a great showcase of its potential. 

With over 300 decentralized physical infrastructure (dePIN) operators already onboarded and $15 million raised from tech investors, the posemesh and technologies like it are offering advancements that retailers simply cannot afford to ignore.

One can easily imagine stubborn retailers losing ground to competitors by failing to embrace spatial computing, the same way merchants who refused to offer card payments did in the recent past.

The retail industry stands at a crossroads. Soon, embracing spatial computing will no longer be an option but a necessity. The integration of technologies like AR, VR, and MR into retail operations offers an unparalleled opportunity to enhance customer experiences, improve operational efficiency, and stay ahead of the curve in highly competitive markets. Those who move with the times will lead the charge in the coming era of dizzying retail innovation.

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We have to give the credit of this change to health care experts. The main catalyst of this change are them and not the social media and advertising influencers. Recommendations by dentists, doctors, and other experts are also going to be influencing people in the near future as well.

Registered medical practitioners, nurses, and compounders are already becoming an influencer in the small towns and villages where people want to deal with COVID-19 sensibly. We all have seen how much the health workers have put into their services during these tough times and no wonder they are the ones who have seen the effects of COVID-19 very closely. The faith and influence that people are showing in them is very natural. Most of us used to receive some forwarded message or voice note in our whatsapp chat box by some expert in the field to help us keep safe and healthy, and even increase the immunity. Ayurveda, Homeopathy and other natural medicinal practices will be the next in line to influence people in living their daily life.

The companies have already rolled out thousands of products and variants to cater to the changing consumer demands. Pantanjali selling amla candies, ice cream brand Naturals selling anjeer ice cream, oats energy bars and even Yakult have been into the market for a long time. But now consumers will pay more attention to them, even though they might have avoided them in the past. For brands, this will be an opportunity to leapfrog their product innovation. Changing times demands a lot from us and is creating a lot of opportunities for us.

Dubai News UAE News

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Etherscan link to see the public transaction details: https://etherscan.io/tx/0xca8f8c315c8b6c48cee0675677b786d1babe726773829a588efa500b71cbdb65

The second transaction that recorded the exact same transaction fee of 10,668.73185 Ether happened when sending 350 Ether (which is approximately $83000)

Etherscan link to see the public transaction details: https://etherscan.io/tx/0xc215b9356db58ce05412439f49a842f8a3abe6c1792ff8f2c3ee425c3501023c

How could the same insane transaction fee happen two times?

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“Not only will Jack’s donation directly impact tens of thousands of people in need during the current economic downturn, it will help Humanity Forward and our movement continue to make a case for Universal Basic Income (UBI) in the United States,” Yang said in a statement. The announcement came during a conversation on the Yang Speaks podcast.

The money will be administered through Humanity Forward’s Coronavirus Relief Fund, which, while it doesn’t target areas specifically based on coronavirus cases, provides one-time cash payments to low-income workers most likely to be affected by the virus’s impact on the economy.

Yang launched Humanity Forward in March after ending his run for the presidency to focus on policies for a more “human-centered America.” In addition to activating new voters, the organization aimed to provide resources to political candidates who support a universal basic income (UBI), an idea that was the centerpiece of Yang’s campaign platform. The campaign envisioned a “Freedom Dividend” of $1,000 paid monthly to working-age Americans and funded by a sales tax.

Dorsey’s donation comes via his Start Small fund, which he launched by donating $1 billion of his equity in Square. The fund is initially targeted at relief from the ongoing COVID-19 crisis. Once the pandemic has abated, Dorsey said he also plans to fund education for girls and UBI through Start Small. The organization logs donations in a publicly available spreadsheet.

Dorsey, who donated to Yang’s primary campaign, appeared on Yang’s podcast to announce the donation, telling listeners that UBI would grow more important as more industries turn to automation. “UBI to me represents a floor,” Dorsey said on the podcast. “A floor that people can stand on, and have the knowledge and peace of mind that they could survive and eat and feed their children while they are learning how to transition into this new world.”

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Media contact information

Name: Vytautas Kirjazovas
Company: Oxylabs
Website: oxylabs.io
Phone: +37060054118
Email: press@oxylabs.io

Press release submitted by Oxylabs. The StartupFortune News Department was not involved in the creation of the content.

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Utilizing WAX’s blockchain technology, fans around the world can soon discover, collect and trade officially-licensed digital Topps collectibles. Collectibles can be seamlessly sold, or traded instantly and securely, with anyone across the world. With blockchain collectibles, collectors can enjoy the fun of trading and sharing digital cards with others around the world through a secure and efficient medium. The digital cards are authenticated and tracked using WAX Blockchain technology to ensure providence and security.

The first Topps blockchain trading cards will launch in Spring 2020 and will be available for purchase online using a credit card and the WAX Cloud Wallet, the most user-friendly blockchain wallet today. To get on the waitlist (and enter to win cards!), visit topps.wax.io.

“Over the years, collectors of Topps trading cards have enjoyed the thrill of ripping open a pack of cards. This partnership allows us to bring that memorable collectible experience to an even wider audience. Our Garbage Pail Kids blockchain product will highlight recent advancements in technology and continues Topps’ history of developing innovative products,” said Tobin Lent, Vice President, General Manager of Topps Digital.

Topps trading cards have regularly sold in secondary markets for hundreds of thousands of dollars, so it’s critical that WAX Blockchain technology guarantee Topps cards are authentic and that trades are secured.

By interacting with Garbage Pail Kids cards on the WAX Blockchain, anyone can see the details of the cards’ information and trading history. This enables everyone involved to make informed purchases, sales, and trades, with anyone else in the world – instantly.

The blockchain records every aspect of every card’s transaction and stores it forever. These blockchain records can’t be changed by anyone, and can be seen by everyone. Therefore, since the blockchain removes all uncertainty, there’s no need to take a chance with a buyer or seller or blindly trust another trader.

Data for Garbage Pail Kids cards on the blockchain includes:

• Detailed product specifications for each card including the date it was created, its rarity, images of the card, proof of its authenticity, and more. With this information, collectors know exactly which cards they are trading – no guesswork, no need to trust or verify other traders.
• Comprehensive ownership records that show who traded the card and when. Since everyone can see its full ownership history, no one can ever fake ownership of a card.
• Complete trade and sale history including how much money was paid for the cards and when. No one can ever fake previous sale prices or dates.

“Topps is bringing their collectibles to the forefront of digital innovation and is determined to leverage the opportunities that the blockchain can provide. I believe the WAX Blockchain will have an important and positive impact on Topps future business models and the way they engage their fanbase. We are very pleased to welcome Topps in the WAX family of dApps,” said Evan Vandenberg, Director at WAX.

Resources

• To join the waitlist, visit https://topps.wax.io/
• To stay abreast of WAX developments, partnerships and other announcements, sign up for the WAX newsletter.
• To develop your dApp for the WAX Blockchain, visit https://developer.wax.io/

About WAX (Worldwide Asset eXchange)

WAX is an all-in-one blockchain platform enabling developers to easily create, sell and trade digital goods to empower businesses to profit from the next era of digital commerce. For more information, please visit wax.io and follow along on Twitter, YouTube, and Telegram.

Worldwide Asset eXchange, WAX is a trademark and the sole property of Worldwide Asset eXchange.

About The Topps Company, Inc.

Founded in 1938, Topps is the leading creator and marketer of sports and related cards, entertainment products, and distinctive confectionery. Topps entertainment products include the NFL, MLB, UFC, MLS, WWE and other trading cards, sticker album collections, and collectible games. The Company’s confectionery brands include Bazooka® bubble gum, Ring Pop®, Push Pop®, Baby Bottle Pop® and Juicy Drop ® Pop lollipops. For additional information, visit Sports Cards and Entertainment Cards at Topps.com and follow us on facebook at facebook.com/Topps, on twitter @Toppscards, and now on Instagram @ToppsSports.

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It was also shown that most women who were educated in high-level skills, such as Kerala, had not yet realized their potential in business ventures. “Proposals and issues raised at such meetings will have an impact on the council’s decision,” she added in the inaugural address that day, which was held in collaboration with the Native Women’s Network in the Confederation Industry.

It is a mistake to maintain the general belief that new companies are systematically linked to new and innovative products. “There are products based on needs and others based on possibilities. Women must use their great potential,” he said.

The meeting was an opportunity for women to restore business opportunities that are often missed due to system failures. Because women have proven their superiority in higher education, KSUM must promote their professional profile by facilitating opportunities.

The meeting took place in the context of 13% women’s participation in the ecological ecosystem of Kerala and a proactive approach by the state government to increase women’s participation in this sector.

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