I found this post rather interesting – about why identity matters. Especially looking at the wild-wild-west-cowboy-anarchy several areas of the web are (still) in. Looking forward this is needed – identity, authenticity, KYC, etc. Otherwise the “Metaverse” will be a place with limited trust and no peace of mind, which would certainly hamper a scaled mass adoption.
“Amid the hype and potential, there’s a lot of work to be done to establish the fundamentals that will make the Metaverse a safe experience for all. In particular, access must be underpinned by verified identities. Without verified identities in the Metaverse, anonymous bots can wreak havoc. For businesses, business people and celebrities, impersonators can cause damage to their brand and reputation, not to mention the new opportunities it creates for scammers and fraudsters. Ensuring trusted identity will therefore be fundamental to the safety and success of the Metaverse.”
Got interested? Follow me here in order to read the full post from Matt Peake on onfido.
“The current model of universal retail banking is unsustainable over the long term. To thrive, banks need to reinvent themselves, focusing on businesses where they can achieve and extend market leadership in the new digital world.”
“Today’s retail banking market is vastly different in shape and structure from the old environment, in which the traditional model of universal banking was economically sound. In the new world, the winning banks will be those that carefully choose the businesses in which they can lead and commit to building a value proposition, core technology, and operating model fit to win on the digital battlefield.”
Got interested? Then read the original and complete post on McKinsey.com here.
Thomas has been attending the Munich TechDays this year as Rainmaker from Metacity and gave a speech on the upper mentioned topic.
“What a great and awesome day at #MunichTechDays it has been! WoW! Totally overwhelmed meeting all the old and new friends – and on top chatting with outstanding inspiring industry megastars! Thank you Peter Moehring and the overall team that made this event happen this year! I truly enjoyed sharing my view on #Metaverse in my presentation for #MetaCity “Elements Paving The Path To The Metaverse”. “
“Good to see the brave and strong traction, which is being generated in this field – really, really happy to see that!” The full presentation can be seen here: