BNI Partners with WIR Group to Develop a Digital Business Ecosystem in Metaverse Indonesia

JAKARTADAILY.ID – State-owned Bank Negara Indonesia, or BNI, will be joining the current Metaverse trend, according to a press release published on Tuesday, February 15. 

BNI plans to build a relevant digital business ecosystem within Metaverse Indonesia which will also be introduced by President Jokowi at the G20 meeting where Indonesia is the Presidency.

Combining Virtual Reality, Augmented Reality, and Artificial Intelligence, BNI in Metaverse Indonesia will provide a new experience for customers to enjoy digital banking services. As the nature of the Metaverse connects the real and virtual worlds immersively, BNI is also ready to provide attractive banking services for customers.

BNI will be working with WIR Group to develop metaverse banking services. This is the first step in BNI's journey to develop banking services in a world that is more than just digital. The signing of the Metaverse Indonesia MoU between BNI and WIR Group was attended by BNI IT & Operations Director Y.B. Hariantono and WIR Group CEO and Co-Founder Michael Budi, on Tuesday.

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Y.B. Hariantono said WIR Group is the right partner for BNI's expansion in Metaverse because the company based on Augmented Reality (AR) technology has proven experience and has received recognition in various countries.

BNI appreciates WIR Group for its consistency in developing Metaverse. The company will certainly be more proactive in cooperating with more partners to jointly develop the metaverse in order to provide added value to BNI's product service innovations in the future.

Y.B. Hariantono said the company is the most aggressive state-owned bank in developing the digital economy. For BNI, this new digital trend is not just to develop the concept of mobile banking. Metaverse is actually a virtual world that will provide services that are different from the current digital banking concept.

“BNI has always been at the forefront of developing digital services. We are not only following the trend but also helping to build this Metaverse World in Indonesia. We will form a new business ecosystem in it, such as digital branches, digital products, new services, and engagement with customers who are attached to Metaverse," he said.

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Y.B. Hariantono, in the Metaverse World, humans will enter a new world, where their five senses will feel a unique experience that is different from the physical world. This new world is no longer a place to communicate with strangers, not only in 2 Dimensions (2D) but in 3 Dimensions (3D). A replica of the real world that can take humans to various places without having to travel physically and without being limited by time.

In the current metaverse, it is not only limited to playing games, it can also be doing work, owning and selling an asset. Various economic transactions will begin to be created, now there are many people who invest such as buying property in the Metaverse using money from the real world, there are also people who use their income from the Metaverse to shop in the real world.

Of course, economic activity will continue to increase, especially the metaverse will offer a variety of virtual assets which are currently being widely traded through the concept of non-fungible tokens (NFT).

"If there is economic activity, it means that banks can also come in to help both in terms of transactions, exchanges or even the essential business of banking itself, namely raising funds and distributing credit in the Metaverse," he said.