Union Bank of India is the first to launch a virtual banking lounge on Metaverse.
The state-owned Union Bank of India announced on July 8 the launch of a Metaverse-based virtual lounge where it will virtually showcase its products to customers.
The lender is the first in India to open a virtual publicity shop.
"In the initial phase, Uni-verse, the bank's Metaverse virtual lounge, hosts the bank's product information and videos."
JPMorgan launched its lounge on the Metaverse platform Decentraland.
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