Making sense of the metaverse

In September 2022, DBS announced a partnership with The Sandbox, one of the top decentralised gaming virtual worlds and a subsidiary of Animoca Brands, to create an interactive metaverse experience for collaborators and communities to jointly shape a blueprint for a better world.
The DBS BetterWorld will be developed with immersive elements that demonstrate how DBS has been working with its customers, partners and the broader community to make a positive impact on the world.
DBS BetterWorld is also a step towards our vision of a human-centric metaverse.
At DBS, we believe that the metaverse is inevitable and the possibilities are only just unfolding. We continue to prepare ourselves by building our capabilities so that we can move quickly when promising opportunities emerge..
On the technology front, we continue to modernise our already cutting-edge technology stack, and we are running experiments in areas such as blockchain, digital asset and asset tokenisation. We are also gaining experience in immersive technologies such as augmented reality (AR), virtual reality (VR), and mixed reality.
On the people front, we are investing in skills for relevant technology fields such as those mentioned above, as well as adjacent skills in legal, compliance, and marketing. Importantly, we are studying how financial services can add value.

Quick take