The Actual Impact of Metaverse on the FinTech Industry

This paper theoretically discussed the Implications of Metaverse in the Financial Sector based on facts and statistics already published around world. The most important fact is that the rapid advances in technologies in the past decade have certainly paved the way for an alternate financial order and Metaverse might be the big bang event for the existing financial order. Accordingly, Metaverse and related technologies may democratize the financial system and may enable communities to manage their economies rather than following the diktat of a centralized institution. In the near future the new technological advances will create new avenues of wealth creation for the financial sector and may require a totally different set of skills to be employed in the financial sector workforce.