Kuwait Bank is part of the metaverse
Warba Bank, a Kuwaiti Islamic bank, has recently become part of the metaverse. Now the bank occupies two sites in the metaverse: one in Decentraland, and the other in Sandbox. Groundbreaking digital Transformation
Kuwait's Warba Bank, which is considered the first Islamic bank, recently announced that it now occupies two sites in the metaverse: one in Decentraland and the other in Sandbox. The bank's presence in the metaverse is expected to strengthen its connection with the younger generation.
In his speech after confirming that Warba Bank has entered the metaverse, Anwar Bader Al-Ghaith, vice president of the financial institution for Support Services and Treasury, said:
Warba Bank's interest in entering this virtual reality is related to digital transformation trends in Web3. The virtual reality world is used in several advanced areas, including services, education, healthcare and others. And Warba Bank strives to be closer to its customers in virtual reality in order to present its products and services, as well as communicate with them in an innovative way that reflects the image of Warba Bank as a pioneer of digital transformation.
Al-Ghaith explained that Warba Bank is committed to supporting its younger customers, which is why it is entering the metaverse. According to a statement released by the bank, Warba is currently working to achieve its ambitious goals, as well as to increase the benefits of digital services.
The statement says that the bank will also focus on the development of new technologies and artificial intelligence.
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