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🌐WEF To Accelerate Push For 'Metaverse' Surveillance Network At Davos 2023🌐
Davos turns to the Metaverse as the next frontier for technocratic tyranny.
December 29, 2022
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During its 2023 Davos conference, the World Economic Forum will host a press conference on its “Building The Metaverse Initiative,” and release key “studies” and details about its efforts to further facilitate what appears to amount to a global surveillance network, according to documents reviewed by The Dossier.

The Metaverse, a buzzworthy bumper sticker slogan that refers to a whole host of ideas in the technology space, has potential current and future applications both for private and governmental entities. It will be featured as one of the core staples of the 2023 Davos conference. 

What is the Metaverse, exactly?

The term Metaverse was invented by author Neal Stephenson in his 1992 sci-fi novel Snow Crash, in which citizens used digital avatars as a means to escape their dystopian reality.

Today it can be defined as “a vision of what many in the computer industry believe is the next iteration of the internet: a single, shared, immersive, persistent, 3D virtual space where humans experience life in ways they could not in the physical world.” Before its expanded definition, the Metaverse encompassed a technologically advancing virtual and augmented reality space.

To entrepreneurs and technology companies, this computer world can serve as a potential revenue and data harvesting stream. For the committed forces of technocratic tyranny, the Metaverse can act as a global surveillance network that can keep tabs on anyone with an internet connection. A Metaverse-adopting society can make it much easier for ruling governments to track the movement, behaviors, and activities of its citizens.

For the World Economic Forum, the narrative and ideas shop of the ruling class, the latter applications are more aligned with their feudalistic ambitions.

The WEF is the chief coalition builder for what amounts to the modern depopulation movement. Over the years, they've partnered with Big Tech, central bankers, governmental, and international organizations to facilitate their feudalistic vision for the future, which involves deliberately rolling back human progress, innovation, and flourishing, under the guise of saving the planet from a “climate emergency.” While various WEF “partners” have different motives for joining the ruling class alliance, they all have an incentive to cater to the WEF’s most prized climate hoax narratives.

The WEF Metaverse press conference event description reads:

“This press conference will announce the first, and long-awaited, outputs of the Defining and Building the Metaverse Initiative: highly anticipated briefing papers on Interoperability in the Metaverse from the governance track of the project, and Demystifying the Consumer Metaverse from the value creation track. These two briefing papers, the first in each workstream’s series, will serve as the foremost publications involving this amount of research, this number of stakeholders from diverse industries (120+ partners are involved in this initiative), into these topics.”

The WEF will also host an event at Davos 2023 titled “Deployment In The Industrial Metaverse.” Panelists will discuss how “the next era of the internet is fast approaching in the form of the metaverse, an immersive, interoperable and synchronous digital world.”  

“In the industrial metaverse, unique opportunities will arise from the convergence of artificial intelligence, digital twins, data and robotic technologies,” the readout continues.

The Dossier reviewed a list of the listed partners to the World Economic Forum’s Metaverse Initiative. They include corporate actors like Meta (formerly known as Facebook), Microsoft, Walmart, and Sony. Notably, the list includes major financial services and banking enterprises, such as Mastercard, Deutsche Bank, J.P. Morgan, and Lloyds.

Things really take a dark turn when moving down to the state and global governance partners to the WEF’s Metaverse Initiative. These partners include Interpol, the United Nations counter terrorism office, the U.S. NIH’s National Human Genome Research Institute, and several additional countries’ information and communication ministries. 

The WEF looks to the Chinese Communist Party as the model nation for proper governance. The CCP’s nationwide surveillance regime, through its “Great Firewall” and other components, could very well become the standard for Metaverse governance.

Earlier this month, the WEF published an article titled, “why we need to regulate digital identity in the Metaverse,” revealing that Davos indeed sought a heavy-handed top-down approach akin to the CCP’s measures.

In May, WEF founder Klaus Schwab addressed his organization’s Metaverse work. Schwab reveals a lot about his intentions in his framing of the term, stating:

“The metaverse will influence the way, people, governments, companies and society at large think, work, interact and communicate for the purpose of collectively addressing issues on the global agenda.”

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are Eternl, Typhon, Vespr, Yoroi, Lace, ADAlite, NuFi, Daedalus, Gero, LodeWallet, Coin Wallet, ADAWallet, Atomic, Gem Wallet, Trust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

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XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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