Introduction What is happening with banking in the metaverse ? What exactly is the metaverse? Well we defines as continum of emerging capabilities and great example of that is Oculus headset has become very popular .The way we interact in the metaverse is going to evolve radically over the next decade . It is an immersive place that allows you to combine those technologies use cases into completely new experiances. It is first and foremost a place you can go to .It is a population of people that are gathering together in those places so makes the metaverse powerful.The ability to interact with other people and then take that to next logical level and just like in the real world one can have property in the metaverse . Fiat currency becoming NFTS it is becoming cryptocurrency and central bank digital currencies all that needs to be bought together into a new experience . Metaverse is the continuation of where one can sit down in 3D and lo...
In 1992 when the internet was still new . American novelist Neal Strphenson spoke about virtual reality. A virtual world where people will use Digital avatars to live work and play online we call it the Metaverse . A blend of Meta beyond and Verse derived from Universe . He said this word the metaverse would be the successor of the internet and the escape from a dystopian reality. What kind of dystopian reality? The Global Economy has collapsed, federal government have lost power and a hand full of Giant Corporations are in control . That was his projection three decades ago . Today big tech is working on building the same future . As we see like Apple , Microsoft, Google and Facebook are raising to calim the Metaverse. Avirtual universe that can coexist with the physical one. Facebook had even changed it's name to Meta to stay on top of the curve. To a lot of their users Meta Verse may sound like a idolic place to spend time especially now when the pandemic had knocked...