Mercobank envisions NFTs and the future of banking in the metaverse

Stockholm, Sweden – (Newsfile Corp. – December 29, 2021) – Mercobank, one of the world’s leading digital banks, has announced the company’s plan to enter the non-fungible token (NFT) market, while stepping into the future to determine how the banking industry will embrace the metaverse. NFTs are tokens that can be used to claim or represent ownership of digital items. While DeFi and NFT exhibit “the most innovation” in the crypto space right now, it is yet to be adopted by many companies.

There is no doubt that the world has witnessed important developments in all aspects of our lives; the results continued to generate new transformations in different sectors around the world, in particular the banking sector.

Historically, many transformations and developments have occurred in the digital transformation landscape. With the growing interest in Blockchain and cryptocurrency, the issue of creating a digital presence and digital asset has taken on major importance for both individuals and businesses.

With the emergence of new innovative “Metaverse” technologies and its platforms, the demand for face-to-face environments will certainly be on the rise. Mercobank, being an innovative bank, began to put in place strategies to develop virtual environments allowing its customers to access banking services online as well as in the real world.

Speaking at a roundtable on virtual media on December 15, Mercobank CEO Ramon Vicente de Vera said the bank had a “keen interest” in digital art. “As innovative banks we are always interested in evolving with the transformative changes in the digital space, NFTs and Metaverse will quickly dominate the digital space and most large companies have started to jump on the NFT bandwagon.”

“The Bank is currently working alongside a leading non-government affiliated company to pilot its digital asset custody service. So far, the bank has done very well in the digital space amid the challenges resulting from the pandemic. the company will dive into the Metaverse trend because it will certainly change the way we live, the way we travel, the way we interact with each other “and the financial industry, too, would be forever changed”, a- he concluded.

Metaverse will flourish in the future?

The hype around Metaverse is already making waves in the digital space. In the Metaverse world, cryptocurrency and digital art, namely non-fungible tokens (NFTs), are commonplace. So many experts are already making predictions about what it would be like to shop in the Meta Universe. While Metaverse tech remains on the lips of tech fans, gaming platforms, and social media, the Mercobank team is currently busy researching new ways to make money and the ability to sell NFTs to the future.

Metaverse has grown in importance as a digital financial platform for banking and financial transactions, as well as for personal and business interactions. In order to make this new environment as immersive and realistic as possible, effective financial and transaction management will be essential.

A differentiator for Mercobank is its ability to handle financial transactions similar to real life. In this virtual world, anyone can buy and sell homes, products, clothing, land, and avatars just like in the real world.

About Mercobank

Mercobank is the perfect symbiosis of technology, blockchain and banking. The company is a leading digital bank with a mission to redefine finance for the new economy. The bank is building a pioneering technological bridge between the world of digital and traditional assets.

The company orchestrates the entire account management process for our clients, while providing excellent banking and investment solutions for clients. The company also provides the following services Long-term investment time horizon, transparent and open research ecosystem, exclusive focus on disruptive innovation, experienced investment leadership and real-time spending insight, simple and convenient, better way to save, financial planning, participating and sharing in one account, storing the value of cryptocurrency, the easiest way to invest in crypto, crypto loans and lending, affiliates and partnerships , agricultural investments and investment in real estate

Media contact

Merco Bank
[email protected]
https://mercobank.com/
Stockholm, Sweden

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108623

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