Wolters Kluwer Tax & Accounting purchased virtual real estate on Blockchain-based platforms Decentraland and Somnium Space, which are decentralized, 3D virtual platforms where users can create, experience, and monetize content and applications.
Initially, the company plans to use its new virtual land parcels in the metaverse to create new, more engaging ways for its global teams to collaborate with each other and with customers, via virtual meetings and customer events.
It also intends to conduct research and explore the development of products and services that can help its clients transform work and collaboration processes while improving productivity and efficiency.
"The metaverse will very likely reshape business models, product portfolios, and the way people collaborate," said Karen Abramson, CEO of Wolters Kluwer Tax and Accounting. "Ultimately, our leadership in this next technology revolution will enable increased productivity and revenue opportunities for our customers."
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