Banking is one of the main industries affected by every wave of digitization. What if the next wave is the use of metaverse technology in banking? Imagine entering a bank branch virtually and interacting with avatars of customer service representatives to help you enter the vault and make a virtual deposit or withdrawal.
Web 3.0 is the third iteration of the internet that is decentralized and provides a faster and more personalized user experience. Web 3 could be just as disruptive as Web 2.0 and usher in a major paradigm shift as Web 2.0 did. It is built on the fundamental ideas of decentralization, openness, and increased consumer […]
Imagine shopping for your dream car from home, navigating through all its features, and interacting with the salespeople more fluidly without any showroom visits and petrol refills! Yes, you heard that right! Metaverse provides virtual showrooms allowing you to skip a visit to the showroom and buy cars virtually. Metaverse is emerging as a key […]
Metaverse has emerged due to the evolution of technology in the digital world. The metaverse can be either centralized or decentralized. The decentralized metaverse is the one that is blockchain-enabled. Decentralized metaverses, for example, are integrated with NFT marketplaces, facilitating NFT minting and trading.
What if there is a way to earn crypto without spending money to buy it? What if you can learn about crypto to earn crypto? Sounds interesting, isn’t it? Well, you are about to be introduced to the learn-and-earn model, which promises exactly this. You can start your crypto learning journey through platforms that offer […]
At one minute, you are waving your hands to Travis Scott at his concert, and in the next minute, you are spectating a fashion week with brands such as D&G and Tommy Hilfiger. Sounds like a fantasy? Well, it isn’t because the metaverse brings you exactly this. Metaverse entertainment is rewriting the industry standards for […]
Socialising is one of the core concepts of the metaverse. Big corporates like JP Morgan are trying to get people on the metaverse majorly for customer service and customer feedback. In the Web 2.0 world, social media has been a game changer for businesses in getting customer feedback. Imagine a combination of the metaverse and […]
Interestingly, according to Retail Insight Network, the keyword metaverse is among the top 5 tweeted on retail technology in the first quarter of 2022. This is thought-provoking because it proves that consumers and retail owners are rooting for virtual reality in hindsight. What if you could wear and test clothes before you buy them? Or see what a piece of furniture would look like in your home before you purchased it? This article will look more into what metaverse retail means for the industry.
The metaverse represents a paradigm shift in the way people experience the internet. The once-beloved idea of a virtual world existing parallel to the physical world is now becoming a reality. However, the metaverse’s growing popularity and adoption raises significant concerns about data privacy, user protection, intellectual property rights violation, etc. These concerns need to be explored and solved to fully understand the possibility and sustainability of this technology. Let’s read about the metaverse legal implications you may want to consider in launching a metaverse platform.