FinTech Magazine September 2023 | Page 7

FOREWORD FINANCE – BUT NOT AS WE KNOW IT

“ WILL WE ALL BE WALKING AND TALKING IN THE

METAVERSE IN 20 YEARS ’ TIME ?”

IMAGE
: Alberto Romano / www . albertoromano . co . uk
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During the 1970s and 1980s , there was a famous technology programme on British television that would predict the world we ’ d all be living in today – sometimes to disastrous effect . Tomorrow ’ s World , as it was called , thought we ’ d all be wearing paper underwear and commuting to work on water bikes
Hopefully FinTech Magazine will be a bit closer to the mark , as we predict some of the technologies that will define the future of finance .
We have a feature on money in the metaverse , a catch-all phrase generally used to refer to any digital environment where people interact with each other using technologies like virtual reality . Will we all be walking and talking in the metaverse in 20 years ’ time , and if so , does that represent an opportunity for financial institutions and fintech service providers ?
Also , what does the future hold in store for NFTs ? One promising use-case lies in sports merchandising , where these digital tokens could be used to unlock new revenue streams and re-engage disenfranchised sports fans .
No matter what the future holds , the present is pretty promising – as reflected in our supplement listing the Top 100 FinTech Companies . Do check that out – but maybe stick around and read this issue first !
ALEX CLERE alex . clere @ bizclikmedia . com © 2023 | ALL RIGHTS RESERVED fintechmagazine . com 7