September 22, 2023
2 mins read

Metaverse Debut: Housing Bank Goes Virtual

With the launch, the bank is taking a significant step in its technical endeavors to incorporate technology in the banking industry…reports Asian Lite News

Housing Bank has announced the launch of its virtual bank in the Metaverse, making it the first bank in the Kingdom to enter this virtual world.

It is also one of the pioneering banks in the region to adopt this cutting-edge technology. It will be available on two popular Metaverse platforms, namely the Decentraland platform and the Spatial platform.

By establishing its presence on the Metaverse, Housing Bank demonstrates its commitment to staying at the forefront of adopting advanced technologies, as this investment in digital transformation is a key component of its strategy.

With this launch, the bank is taking a significant step in its technical endeavors to incorporate technology in the banking industry and improve its customer relationship management.

Through this pioneering initiative, the bank aims to reach a new generation of customers and provide them with a unique opportunity to enter the world of the Metaverse.

This allows them to discover the first virtual bank in Jordan, marking a significant step towards the future, offering customers an opportunity to experience innovative technology that enables seamless communication and interaction that caters to their aspirations and interests, which is provided with ease and comfort from anywhere and at any time.

Additionally, Housing Bank is collaborating with Innoarea, which specializes in developing virtual reality and augmented reality experiences, to get launched in the Metaverse.

The company is part of the BMB Group, which is one of the most prominent information and communications technology services and consulting companies in the Middle East.

Housing Bank, which is celebrating its fiftieth anniversary this year, continues to be a role model in the banking industry, achieving yet another significant milestone as it continues to lead the way in digital transformation by making significant progress in the field of technological development and digital services, in addition to launching numerous sophisticated and advanced services that keep up with the rapid changes brought about by the digital age.

ALSO READ: Natural Gas Set To Reshape Africa’s Economic Landscape

ALSO READ: Saudi Imaging Market on Path To Quadruple By 2030

Previous Story

Natural Gas Set To Reshape Africa’s Economic Landscape

Next Story

UNHRC Hails India’s Women’s Reservation Bill

Latest from Economy

Trump turns the screws on Powell

White House steps up criticism of Fed chief Jerome Powell as fight over interest rates spills into building upgrades….reports Asian Lite News In a striking escalation of his campaign to influence the

World’s energy thirst to grow: OPEC

UAE sticks to 5 million bpd oil output goal as OPEC launches new World Oil Outlook at Vienna seminar…reports Asian Lite News Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum

UK secures £7.5 bn Japanese investment

The government has unlocked £7.5 billion of investment into key growth sectors as the Minister for Investment signed a new deal with the Sumitomo Corporation in Tokyo…reports Asian Lite News The United

Mizoram nails SDG goals

Mizoram has emerged as a frontrunner in India’s sustainable development journey, with all 11 of its districts earning ‘Front Runner’ status in the NITI Aayog North Eastern Region SDG Index 2023–24….reports Asian

US Tariffs Pushed to August Amid Talks

In April, Trump announced a base tariff of 10 per cent on most of America’s trading partners and thereafter additional duties ranging up to 50 per cent….reports Asian Lite News US President
Go toTop

Don't Miss

‘VISION’ to open Dubai’s first-ever Metaverse Nightclub

The ambiance at VISION exudes opulence set in a futuristic

DAMAC plans to embark into the world of metaverse

We plan to continue this exercise, and expand our team