UAE: Paying bills, visiting the doctor in the metaverse, what does it mean for you?
The five-day Gitex Global 2022 event has just wrapped up day three, and over the past three days, UAE government agencies and companies based here have made major announcements about their entry into the Metaverse. In this article you will inform abot Paying bills banking in the metaverse.
But what does that mean for its inhabitants in everyday life? To do this, let’s look at what the Metaverse is and what it means for the people who use it on a daily basis. prize.
What is web3?
This is literally web3 – like the third version of the web. Web pages and HTML text from web1 to blogs, web paths, and social media platforms to web2 followed by web3 (non-fungible tokens and cryptocurrencies).
Metaverse with web3 is where 3D avatars spend money, play games, and do business in the real world. But just like the Internet in the 70’s, this is a work in progress, with more building blocks being added every day. The Metaverse’s potential seems endless, but it’s still in its early stages for everyday applications.