Indian Billionaire Mukesh Ambani Describes Metaverse As The Key To Next Generation Of Value Creation

The richest man in Asia, Indian billionaire Mukesh Ambani is pro-bullish on blockchain. Of course, this is even as India is preparing to initiate a bill to regulate the crypto sector.

Furthermore, Indian billionaire Mukesh Ambani says,
“Digital technology, I believe, is a great leveler, a great democratizer,”

“Today it still is a world where large companies get easier finance and small companies don’t…”
“get easier finance, and the same thing with people, and I think that will change.”

More so, Mukesh Ambani’s Reliance Industries is a cluster of different sectors making up telecom. Then, also retail, logistics, and life sciences companies. Additionally, It has a controlling stake in Jio, which is the nation’s largest mobile phone operator.

Notably, according to him, the introduction of a regulated crypto industry in India
“will enable and redefine the decentralised…”
“financial sector in a way we have never imagined,”

So, Mukesh Ambani adds,
“The new oil, data, can be generated and consumed everywhere and by everybody…”
“It has the potential to create value equitably across sectors, geographies, and economic classes,”

Also, Ambani sees the metaverse as the key to unlock a new decade of “tremendous value creation”.
Of course, it will make ideas and innovations become more valuable.

“Mukesh Ambani on Virtual world (metaverse)”
pic.twitter.com/zT6R4wNXuQ — CryptoHub India 🇮🇳 (@CryptoHubIND) December 5, 2021

“We are witnessing the fourth revolution, that is the digital-first revolution,..”
“where digital will be life for billions of people — which will be used in all technology…”
“— five or six kinds of technology will merge together, they will transform the whole world,”
Furthermore, Mukesh Ambani continues.

“Therefore, the coming digital-first revolution is going to make our world and…”
“make India more inclusively prosperous than we can now imagine.”