Insurance in the metaverse

When it comes to technological revolution, nothing compares to the way the metaverse stormed onto the scene in late 2021. The metaverse is an amalgamation and intersection of virtual reality (VR), digital assets, and the utility provided by its developers.

It promises the existence of virtual worlds parallel to the physical world – wherein you can spend your digital life, exist as a digital avatar, and enjoy digital experiences designed to simulate the physical world. Underpinning these vast new worlds and the promise of digital infinity is the distributed ledger and blockchain technology that birthed the now familiar concepts of cryptocurrencies and non-fungible tokens (NFTs).