With decentralized financial institutions, the metaverse is heading towards autonomous economic independence from legacy financial institutions.

Blockchain technology supports both the metaverse and cryptocurrencies, enhancing transaction speed and reducing costs. Cryptocurrencies and NFTs facilitate e-commerce and digital ownership in ...

"The term 'metaverse' broadly refers to the idea of a digitally interconnected, interactive and immersive universe where people can communicate, interact and socialize via the internet," says ...

Unlike humans, AI cannot interact with traditional banking systems ... Siu also spoke about misunderstandings surrounding the open metaverse, clarifying that it is not defined by any single ...

Broadly speaking, the metaverse is defined as a virtual world, or an extension of the physical world using computing technology. In other words, rather than simply viewing something (a live ...

The metaverse is a concept that has been around for some time now. Still, it has gained a lot of attention as technology has advanced over the years to the point where it is becoming more feasible ...

Forbes contributors publish independent expert analyses and insights. A former tech executive covering AI, XR and The Metaverse for Forbes.

When Facebook announced a corporate name change to Meta Platforms Inc. (ticker: META) in October 2021, many investors began to realize just how transformative the metaverse could be. The metaverse ...

A typical day in the metaverse – a shared immersive virtual world – may before long closely resemble the familiar world we live in. We will visit shopping centres, drive across town ...

Nike is diving into the metaverse. While Facebook's recent name change might have pushed Nike to go public with some of its plans, the sportswear giant has been laying the groundwork for its ...