Commercial Bank International To Launch Metaverse Location
CBI’s virtual location is now open for visitors and can be found in Decentraland at cbi.dcl.eth or (63, -127) using the Decentraland map coordinates. Commercial Bank International, a corporate and retail bank headquartered in Dubai, has announced the official launch of its Metaverse location. CBI is the first UAE bank to have a presence in […]
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CBI’s virtual location is now open for visitors and can be found in Decentraland at cbi.dcl.eth or (63, -127) using the Decentraland map coordinates.
Commercial Bank International, a corporate and retail bank headquartered in Dubai, has announced the official launch of its Metaverse location. CBI is the first UAE bank to have a presence in the Metaverse and among the few early adopting banks in the Middle East and the world. CBI’s virtual location is now open for visitors and can be found in Decentraland at cbi.dcl.eth or (63, -127) using the Decentraland map coordinates. Users can access CBI’s virtual location through portals.
Next week, CBI will announce their virtual location as they participate in XVERSE, a GITEX Global space dedicated exclusively to those embracing Metaverse technology, as an Activation Partner. The event will occur between the 10th and 14th of October at the Dubai World Trade Centre.
CBI has put together a future-facing agenda that will take place at their Activation Partner booth during the event, with all plans focused on further exploring the Metaverse and its potential. As part of the agenda, CBI, in partnership with homegrown UAE burger brand Pickl, will showcase a real-time Metaverse use case. CBI and Pickl will demonstrate how the Metaverse can further enable a digital economy through a stunt never before done in the Middle East.
Ali Sultan Rakkad Al Amri, the CEO of CBI, said: “We are proud to be the first ever bank in the UAE and among the first in the Middle East to bring the Metaverse experience to our customers and people. It’s a testament to our strong support and belief in the country’s vision of being a leader in innovation worldwide. We aim to enhance the integration of real and digital worlds, and we will continue to implement new digitisation initiatives and advanced technologies to serve our customers better.”
The launch of CBI’s virtual location marks an important milestone in their Metaverse journey. Their Activation Partner booth in GITEX’s XVERSE space will see CBI contribute to an immersive Web3 journey and allow visitors to explore a new chapter of CBI in the Metaverse.
