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CHALLENGES of METAVERSE FINANCE (cont.)
A. Increasing Competition: It is a matter of time to create transactions of assets with a virtual presence, for financial companies must create several successful competitions on the metaverse.
B. Building the payment infrastructure for the metaverse: To build the virtual financial sector, one of the big things for the metaverse is payment methods. Many countries are not allowing digital or blockchain payment systems for their internal trustable issue.
C. Developing new protection products for the metaverse: Virtual reality, identity theft has two aspects: Fastly - Identity theft (A person shows themselves as another avatar and uses their credits to buy goods) and secondly- the misappropriation of a virtual identity. |
IEEE/ICACT20230050 Slide.13
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