The Role of the Metaverse in Transforming Financial Management Practices for SMEs

Abstract

The rapid advancement of technologies such as Virtual Reality (VR), Artificial Intelligence (AI), Augmented Reality (AR), and Big Data has introduced transformative possibilities for financial management. Among these innovations, the Metaverse is emerging as a disruptive platform, offering unique opportunities to reshape financial practices, particularly for Small and Medium Enterprises (SMEs). The integration of mobile-based, always-on accessibility and virtual currency systems, coupled with the rise of Non-Fungible Tokens (NFTs), has elevated the Metaverse into a powerful tool for financial innovation and operational improvement. This study explores the attributes, applications, and potential benefits of the Metaverse in revolutionizing SME financial management