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Metaverse Implications for Financial Services

Publisher IDC
Published Jul 12, 2022
Length 8 Pages
SKU # IDC17301047

Description

Metaverse Implications for Financial Services

This IDC Perspective introduces the metaverse and provides insights into its development, major players working toward the creation of the metaverse, and its implications for the financial services industry."Although the metaverse may still be a somewhat abstract concept to many and its ultimate shape is still far off in the future, there are many significant developments from major players, such as Meta, which give indication to the possible opportunities that the financial services industry may have in these new digital realms. Looking at concurrent developments in areas, such as cryptocurrencies and NFTs, gives us a view of how the metaverse building blocks will fall into place and what possible role traditional financial services players may fulfil as well as fintech providers."

Please Note: Extended description available upon request.

Table of Contents

8 Pages
Executive Snapshot
Situation Overview
Major Metaverse Developments
How Commerce Will Work in the Metaverse
The Shape of Metaverse Commerce
Non-Fungible Tokens
Metaverse Currencies
Cryptocurrencies
Platform-Driven Currencies
Roblox and Robux
Meta and Novi
Who "Owns" the Metaverse?
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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