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Intellectual Property for Content Creators

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Intellectual Property for Content Creators Intellectual Property (IP) plays a vital role in all fields equipped with creativity, including those surfacing in the digital realm.  Content creators and promoters on the internet have recently grown exponentially in reputation to the extent that the influencer marketing industry is expected to account for $15 billion by the end of 2023. At present, it accounts for about 15% of the total revenue spent on advertising globally. Understanding the Essentials of Intellectual Property Rights (IPRs)  A content creator is any person who contributes information to any kind of media in a specific context. The act of generating content or information could range from any digital platform being a personalized blog or a social media platform like Twitter, Facebook, Instagram, YouTube, etc. It is pertinent to take shelter under the law dealing with IP to safeguard such creativity from unauthorized use. The IP vested in a subject matter gives the proprieto
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Nigeria Takes Bold Steps to Boost eNaira Adoption and Usage

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Nigeria Takes Bold Steps to Boost eNaira Adoption and Usage Nigeria is making significant strides in promoting the adoption of its central bank digital currency (CBDC), the eNaira. The Central Bank of Nigeria (CBN) Acting Governor, Folashodun Shonubi, announced that the country is revamping its eNaira model to encourage more widespread usage of the digital currency. The move comes as Nigeria seeks to accelerate the integration of digital financial services into its economy. Since its introduction in October 2021, the eNaira has made notable progress in terms of user base. The number of eNaira wallets has surged remarkably. This growth reflects the growing interest in digital financial solutions in Nigeria. However, given the country's sizable population of nearly 224 million, there is still considerable potential for further expansion. Enhancing User Experience with Contactless Payments The Central Bank of Nigeria has taken proactive measures to make the eNaira even more user-frien
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Ukraine and World Intellectual Property Organization Strengthen Ties

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Ukraine and World Intellectual Property Organization Strengthen Ties Ukraine has taken a significant step in promoting intellectual property (IP) development and innovation. In a positive move, Ukraine's First Vice Prime Minister of Ukraine and Minister of Economy, Yulia Svyrydenko, signed a Memorandum of Understanding with the World Intellectual Property Organization (WIPO), cementing a strong collaboration between the Ministry of Economy of Ukraine and the specialized UN agency. The signing ceremony was held during a meeting with WIPO Director General, Mr. Daren Tang, where both parties agreed on the terms of the Memorandum. Supporting Ukraine's Economy and Creative Potential With this crucial partnership in place, Ukraine aims to strengthen its economy and contribute significantly to overcoming the challenges posed by the war. The focus is on nurturing the scientific and creative talents of the Ukrainian people, while simultaneously opening doors for new cooperative venture
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Worldcoin crypto project officially launches with digital identity through eyeball scanning

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Worldcoin crypto project officially launches with digital identity through eyeball scanning Worldcoin, an innovative AI-powered crypto project, has officially launched after three years of development. Led by Sam Altman, the CEO of OpenAI, the project aims to achieve global scale alignment through its unique digital identity and crypto payments system. Worldcoin, co-founded by Sam Altman, has successfully merged the worlds of AI and crypto. Their revolutionary project involves the use of a small device called an "orb" to scan people's eyeballs, generating a unique digital identity known as the "World ID." This groundbreaking approach to digital verification provides "proof of personhood". Initial Success and Expanding Reach Despite facing challenges during its rollout, Worldcoin has seen significant success. Over two million signups have already been recorded, a testament to the growing interest in the project. The team has also taken steps to enhance
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Agronomist from Cameroon Awarded Gulbenkian Prize for Humanity

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Agronomist from Cameroon Awarded Gulbenkian Prize for Humanity The prestigious Calouste Gulbenkian Foundation has revealed the three inspiring individuals selected as winners of the 2023 Gulbenkian Prize for Humanity. The esteemed recipients, Bandi "Apai Janggut," Cécile Bibiane Ndjebet, and Lélia Wanick Salgado, are being recognized for their remarkable leadership in restoring and protecting vital ecosystems worldwide. Chaired by former Federal Chancellor of Germany, Angela Merkel, the Jury carefully evaluated 143 nominations from 55 countries to identify the deserving awardees. These three individuals stood out for their unwavering commitment and decades-long efforts to restore critical ecosystems, including forests, landscapes, and mangroves. Moreover, they have championed land protection for the benefit of local communities, reflecting their dedication to safeguarding the planet from the impacts of climate change. Cécile Bibiane Ndjebet - Advocate for Gender Equality and
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Nigeria announces its second participation at 2024 Venice Biennale

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Nigeria announces its second participation at 2024 Venice Biennale Nigeria is set to make its mark at the 2024 Venice Biennale with its national pavilion, titled "Nigeria Imaginary." This will be the country's second participation in the esteemed global art event. The exhibition will feature nine talented Nigerian and Nigerian diasporic artists, presenting a captivating mix of intergenerational creativity. The pavilion will be located in a historic palazzo in Dorsoduro, near the Gallerie dell’Accademia. Artist lineup includes Tunji Adeniyi-Jones, Ndidi Dike, Onyeka Igwe, Toyin Ojih Odutola, Abraham Oghobase, Yinka Shonibare, Fatimah Tuggar, and Precious Okoyomon. Their unique contributions will showcase the richness of Nigerian artistry. The exhibition's theme, "Nigeria Imaginary," curated by Nigerian-British art historian Aindrea Emelife, aims to blend tradition and modernity. The Nigerian pavilion strives to redefine the concept of a national showcase and
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Internet Usage in Tanzania Surges 17% in One Year Due to Kiswahili Content

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Internet Usage in Tanzania Surges 17% in One Year Due to Kiswahili Content The number of internet users in Tanzania has witnessed a significant 17% increase over the past year, reaching 34.05 million, as reported by the Tanzania Communications Regulatory Authority (TCRA). This remarkable growth is attributed to the availability of Kiswahili content on various digital platforms, propelling internet adoption across the country. The TCRA's performance report for the quarter ending June 2023 also revealed insights into the internet habits of Tanzanians, with video streaming emerging as the most significant consumer of bandwidth. YouTube leads the way, with 50.18 million gigabytes (GBs) consumed, making it the preferred destination for entertainment, education, and information. Positive Development: Boosting Internet Accessibility and Development Dr. Jabiri Bakari, the Director General of TCRA, emphasized the importance of Kiswahili content in fostering internet adoption in Tanzania. As
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