The Rise of Fintech in the Metaverse: Exploring a Buzzword Phenomenon
But what exactly is the metaverse? Coined by science fiction writer Neal Stephenson in his 1992 novel "Snow Crash," the metaverse refers to a virtual reality space where users can interact with a computer-generated environment and other users in real-time. It is a digital universe that exists parallel to our physical reality, offering endless possibilities for social, economic, and financial interactions.