How Will the Metaverse Revolutionize Financial Technology (FinTech)?
In 2022, the first ever bank to enter the metaverse was JP Morgan, an American financial service behemoth. It acquired a substantial territory in Decentaland. Moreover, a wandering tiger is featured in their Onyx Lounge. After that, a South Korean Bank named Kookmin also extended their customer services to Metaverse by offering one-on-one consultations through Metaverse. These companies were then followed by HSBC as it established an office in the metaverse’s Sandbox territory. There are many more examples of fintech institutions making their way to the metaverse probably for the sole reason of being able to offer a unique financial services experience to their customers. Of course, they would have to utilize high-quality financial software development services to employ their fintech solutions in the modern virtual world called the Metaverse.…