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In recent months, we have witnessed individuals and mega-corporations bid millions of dollars for a piece of land in the metaverse. As blockchain technology evolves, don't be surprised to see more metaverse real estate developed. The Metaverse allows users to purchase NFTs tied to specific properties to represent their unique ownership of the property.

To know more about metaverse real estate, feel free to drop us a line.

Kickstart Your FinTech Startup With These Top 6 BFSI App Ideas

The adoption of technology in the BFSI sector has transformed its landscape by 180 degrees. FinTech, or in other words, the amalgamation of finance and technology, has not only added convenience and scalability to the ecosystem but has also made it more quick, secure, and profitable. It has provided a new set of opportunities, catering to the requirements of FinTech startups, and even bringing a prominent effect on their businesses. With all such merits and possibilities, the global FinTech market is poised for growth and is estimated to be worth $309.98 billion by 2022. The advancement in this industry is continuous and swift, and the COVID-19 crisis has further pushed the enhancement.

With a myriad of scope and applications, FinTech has become a hot topic among entrepreneurs, investors, and startup enthusiasts. In this article, we will take a brief look into Fintech app development ideas that can open new doors for success. Let’s stay hooked until the end of this write-up.

Best FinTech App Ideas in 2021

Investment & Trading Apps

Investment & trading app development and launch on a broad scale can make you relish the limelight of the market space. Currently, users are showing immense longing to use platforms that allow them to acquire extensive insights into Forex, funds, stocks, shares, and other available investment options. They are also welcoming apps that let them invest and trade efficiently. Nevertheless, users are more inclined towards applications that collect investment data from various sources and allow them to calculate the asset valuation and make the right investment decisions. 

Also Read: Decentralized Video Streaming App Development Using Blockchain P2P Payment Apps

In the last few years, there has been a huge influx in P2P (peer-to-peer) money transfer practices. The growth statistics and graph of this market are rising at a remarkable pace, therefore, developing P2P money transfer applications can turn out to be big hits.

While offering users feature-rich facilities between bank holders instantly, such apps are chopping the needs for transaction fees or third-party interventions. You can make the process more seamless, secure, and advanced by integrating features such as voice-enabled transfer, biometric technology, and blockchain implementation. 

All in all, P2P money transfer application development is one of the best finance app ideas that can provide users with commission-free money transfer capabilities. To get detailed insights into BFSI app development using neoteric technologies, consult a finance mobile application development company.

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Building an Interoperable and Open Metaverse

Interoperability – the ability to unify systems, avatars, and economies across worlds – is one of the pivotal and defining properties of the metaverse. Conceptually, we can elucidate metaverse as the blurring of digital and physical boundaries in our everyday lives. An immensely expansive and limitless virtual space, it has varied definitions that all point towards a single direction: an immersive and hyper-realistic digital world that replicates diverse real-world phenomena. 

Metaverse is a decentralized economy subsisting outside of the conventional frugality. It is a space of multidirectional value and a neoteric technology fuelling the construction of new and exciting virtual worlds. 

Understanding Metaverse Interoperability

Interoperability is the preeminent driving force behind the development of the metaverse. Let’s take a look at blockchain technology to decode how interoperability works in the metaverse. 

In blockchain environments, we have both non-interoperable as well as interoperable platforms. However, interoperability is imperative if we are seeking to devise blockchain-powered high-utility services in the metaverse .

We, at Oodles Technologies, provide world-class PHP web development services to global clients across various industries. We have a highly skilled team of PHP development experts proficient in building high-quality web and mobile applications tailored to diverse business needs.

To request a free demo, connect with us.

The metaverse facilitates the construction of persistent digital venues where multiple artists and content creators can collaborate, interact, and perform, similar to real life. It drives enormous visibility and flexibility for the users while ensuring predictable audiences and engagements for the artists.

If you are looking to build vide streaming applications that are metaverse-ready, feel free to drop us a line.