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🟩 Blockchain Enables FinTech Business Models In The Metaverse

“Here's how blockchain is currently being used to create business models in the Metaverse, achieving efficiency and cross compatibility with the real world.

Digital identity will transcend the digital and physical worlds. For example, a digital wallet will contain a bank account, mortgage information, tokens, NFTs and more. But a decentralized identity will also have access to those credentials, allowing individuals to participate in the Metaverse and in the physical world.

While some companies are beginning to develop and leverage business models in the Metaverse, understanding the technology could hamper fast adoption.

Companies with a digital twin in a Multiverse ecosystem will be able to produce more goods and services, while using less environmental resources.” - cointelegraph.com