The New Kiyaverse Platform Will Surely Put India’s Banking Sector on the Map
Kiya.ai launches Kiyaverse, India’s first metaverse banking feature, combining technology with a human touch.
Kiyaverse, India’s first-ever metaverse banking has been launched by Kiya.ai. Kiyaverse pioneers have used avatar (virtual humanoid) based interactions to merge real-world banking with metaverse banking. Kiyaverse will allow banks to extend their own metaverse for clients, partners, and staff in the first phase, including services such as relationship managers, peer avatars, and Robo advisors.
To enable open finance in the Web 3.0 context, Kiyaverse proposes to use tokens as NFTs and support CBDC. The platform will connect its Open API connections to aggregators and gateways to create a metaverse super-app and marketplace. It will offer a near-real-world interaction through the internet of senses with the advent of Haptics enabled Headsets.
While digital banking is functionally interdependent and inclusive, it is frequently perceived as emotionally distant. Metaverse enables banks to combine cutting-edge technology with a human touch, enhancing and personalizing consumer interactions dramatically. Kiyaverse provides meaningful applications in the Metaverse that relate to real-world commercial use cases.
It will help banks to realize the full potential of increased UX in terms of data visualization and process and procedure gamification. Kiyaverse offers cross-functional multi-experiences with personalized avatars in the real world, mixed reality, and virtual reality settings. To enable open banking in the metaverse, their product roadmap should definitely include CBDC integration and interoperability with the other metaverses.
Customers will be able to use their customized avatars on digital banking devices, mobile phones, laptops, virtual reality headsets, and mixed reality environments, thanks to Kiyaverse. The platform will interact with a relationship manager’s avatar creation and customize the interaction according to their choices. AI-based digital customer engagement, portfolio analysis, wealth management, co-lending, and corporate banking will bring banking services from the real world to the virtual world and vice versa. For banks, Kiyaverse offers three-dimensional data analysis, including CMO insights, product performance, risk analysis, and channel analytics.
Kiya.ai is a leading provider of digital solutions for financial institutions and governments around the world. Kiya.ai, based in Mumbai, provides innovative digital solutions and new-age technologies such as multi-experience and omnichannel banking, artificial intelligence, robotic process automation (RPA), and data analytics to help businesses transform.
The vast majority of companies want to participate in the metaverse development gold rush. Companies seek to integrate powerful AI-powered data analytics and simulation into their services and products using metaverse development services. Businesses may use this next-generation technology, which includes AR and VR, to stay ahead of the competition.
Many development firms in India’s cities, including Delhi, Pune, Bangalore, Ahmedabad, Mumbai, and others, provide metaverse development services to their international clientele.