Bengaluru launches world’s first airport metaverse

Polygon Metaport

Giving a boost to passenger experience in India’s silicon valley, Bangalore International Airport Limited (BIAL) has launched Metaport, the world’s first airport metaverse.

The metaverse will showcase terminal T2, which was inaugurated by Prime Minister Narendra Modi on 11 November 2022.

Flyers who are using the airport can dig into the metaverse experience by logging into blrmetaport.com. The website gives users a taste of phygital socializing, shopping, and entertainment.

How India developed the world’s first airport metaverse

The Metaport arrives months after Polygon was roped in to bring Web 3.0 to the aviation industry. In June 2022, Polygon joined the Joint Innovation Centre (JIC) pioneered by Kempegowda International Airport, Bengaluru along with Amazon Web Service (AWS), and Intel India.

JIC was created with the aim of enabling startups to accelerate innovation in aviation and build smart infrastructure, utilities, and mobility. The plan was to achieve these goals by providing comprehensive program offerings and a technical platform and letting customers speed up the process of innovation with AWS.

The launch of Metaport will strengthen BIAL’s digital roadmap and develop custom solutions for the airport using revolutionary blockchain technology, Artificial Intelligence and Machine Learning (AI and ML), robotics, Augmented Reality/Virtual Reality (AR/VR), cloud computing, and the Internet of Things (IoT).

Polygon has been aggressively pursuing the development of Web 3.0 experiences for some time now. Having partnered with many established brands like Starbucks, Coca-Cola, and Instagram, Polygon is emerging as the preferred platform for such ventures. Early this month, JPMorgan used the Polygon blockchain to execute its first DeFi transaction and the first-ever cross-border tokenized FX transaction.

MATIC price unaffected

Polygon’s recent successes led to investors accumulating its tokens. MATIC even touched a high of $1.29 and broke into the top 10 cryptos ranks by market capitalization last week. The price may received seen another boost with the Metaport, but that wasn’t to be.

Widespread sell-offs in the market due to FTX-related developments caused MATIC’s price to drop instead. It has lost close to 30% value in the last seven days.

Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user’s own risk.

Share this:

IN THIS ARTICLE

Subscribe to our newsletter

Get the latest crypto news and coverage delivered to your inbox. Free.

Browse our Newsletter Archive for past editions.

SnowSnow

Thank you for subscribing!
Please verify your email to start receiving the latest issues from Switch in your Inbox.
Powered by

Build your crypto portfolio on the
CoinSwitch app today

Scan the QR code below or find us on Google Play
Store or Apple App Store.

Build your crypto portfolio on the
CoinSwitch app today

Scan the QR code below or find us on Google Play Store or Apple App Store.