Home ministry to host two-day G20 meet on crime and security in age of NFTs, AI and Metaverse

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    The Federal Home Office will hold the “G20 Conference on Non-Fungible Tokens (NFTs), Artificial Intelligence (AI) and Crime and Security in the Metaverse Era” in Gurugram on July 13 and 14, officials announced on Monday. The two-day event is being planned in collaboration with the Federal Ministry of Electronics and Information Technology, the Ministry of Foreign Affairs, the National Security Council Secretariat and the Central Investigative Service.

    Rashtriya Laksha University, National College of Forensic Medicine, Indian National College of Law, International Criminal Police Organization and UNODC are the hosting partners of this event. “The MHA will host the ‘G20 Conference on Crime and Security in the Age of NFTs, AI and the Metaverse’ on July 13th and 14th. It will bring together G20 countries, nine specially invited countries and experts from around the world to delve into the challenges of technological progress,” said a spokesperson for the Union Ministry of Home Affairs (MHA).

    The conference will bring together guests from G20 countries, invited countries and international organizations. NFTs are assets that are tokenized via blockchain. They are assigned a unique identification code and metadata to distinguish them from other tokens. NFTs can be traded and exchanged for money or cryptocurrencies.

    AI is a rapidly growing technology area that is already making significant contributions to industries such as healthcare, finance, and transportation. AI has recently emerged as a key component in the development of the Metaverse. The Metaverse is a virtual world where people can interact with each other and interact with digital entities in a fully immersive environment.

    The meeting will include ministries and central government agencies, state and federal territory chief secretaries and administrators, state and federal territory police commissioners, and cyber experts, according to people familiar with the matter. Guest speakers from the legal community, academia, training institutions, financial intermediaries, fintech, social media intermediaries, information and communication technology, cyber forensics, regulators, start-ups, over-the-top (OTT) service providers, e-commerce companies, and more join. Come on in, said the official.

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