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The open road to the metaverse

Published Sat, Jun 25, 2022 · 05:50 AM
    • The metaverse is not a single concept or vision, but a constantly growing, potentially infinite, number of separate virtual reality worlds, designed variously for entertainment, commerce and social networking, often in combination.
    • The metaverse is not a single concept or vision, but a constantly growing, potentially infinite, number of separate virtual reality worlds, designed variously for entertainment, commerce and social networking, often in combination. Pixabay

    Kanv Pandit

    THE metaverse is open for business, and financial services have a role to play. How can payments providers and their technology partners help create more open, and more secure, virtual environments – and what’s in it for them?

    The level of attention that the metaverse is attracting is skyrocketing, with both companies and individuals vying for virtual real estate. On our shores, one of the region’s largest real estate companies is hosting experiential retail offerings in Decentraland; a hospitality group is opening a hotel in the same virtual world; and a graduate school is planning to start a metaverse campus.

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