Inaugural segment of the G20 Conference in the age of NFTs, AI and Metaverse

The G20 conference on crime and security in the age of NFTs, AI, and metaverse, under India's presidency, was inaugurated by Union Home Minister Amit Shah in New Delhi, with welcomes from Union Home Secretary Ajay Bhalla and speeches by NASSCOM President Devjani Ghosh and Minister of State Rajiv Chandrasekhar. Key discussions highlighted the rapid digitalization's opportunities and threats, including soaring cyber crime costs projected at $10.5 trillion by 2025, the need for global cooperation across jurisdictions, and India's initiatives like the Indian Cyber Crime Coordination Centre and cyber volunteer scheme. The launch of cyber volunteer squads from top institutions signals a commitment to harnessing technology, fostering public-private partnerships, and building robust frameworks for predictive, preventive cyber security to ensure a safe digital future.