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#2758: Bonifii and Liquid Avatar Take Us and Our Digital IDs to the Metaverse...

12/19/2021

 
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Be sure to watch the full episode located below the show notes.
Many of us are hearing more and more about the metaverse and financial services' role in this new, virtual arena. Today, we're going to take you there with Bonifii President/CEO John Ainsworth and Liquid Avatar Technologies CEO David Lucatch.

Both David and John introduce us to the metaverse and how Liquid Avatar Technologies and Bonifii partnership will make verifiable credentials accessible for people and financial Institutions in the metaverse. This conversation was incredibly fascinating and a bit bizarre simply because it's not the norm -- yet.

David and John also talk about how this partnership will work, setting the standard for individual verification in this digital world -- which will be upon us before you know it. In addition, they explain what their organizations' collaboration means the metaverse, as they set the standard for consumers' identification.

Again, definitely one of the more unique and fascinating discussions we've this year on CUbroadcast. But I have a feeling we will be talking more and more about the metaverse and how financial services will play a role in this virtual world in the coming months.

The next step Bonifii and Liquid Avatar are addressing is to actually set up a virtual credit union presence in the metaverse. Liquid Avatar is setting up a “defi” (decentralized finance) island in the metaverse.  According to Ainsworth, they hope to help a credit union/unions set up a virtual reality credit union on the island with avatar (members).

Check it out and let us know your thoughts. And be sure to watch the entire interview below for all the details.
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Elan
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