Defining what a Metaverse is and the components that make it up is key to understanding the potential of the Metaverse for banking. The metaverse is simply a digital representation of our existing reality. Sounds interesting, doesn’t it? You have moving puzzle pieces that can turn you into a prospect followed by a business opportunity.

Platform, technology, market and trade play vital roles in the development of the metaverse. The participants in each ecosystem are characterized by different processes of evolution. Holographic and immersive devices will be used to create the Metaverse. Digital elements are projected into the real world, as if they were really there, with holographic devices. Virtual reality replaces the physical environment and provides an immersive experience…