Vodafone Idea, a United Kingdom based telecom company, said in a regulatory filing at the London Stock Exchange that it is going to launch new gaming, esports, and metaverse services through its own application for the company’s 273 million customers.

In fact, this is something new for the Idea customers. It is something new for everyone in the country as none of the telcos in India currently offer anything closely related to gaming, esports, or metaverse. The company said that it will enable the customers of the telco to directly pay for the services from their Vodafone bill via their Google Wallet. Looking at the company’s statements, everything looks to be ready for launch. Mobile Streams said that it is waiting for approval to come from the Google Play Store for the launch of services. If you want to see these new services in 2022, you’ll have to wait a little longer.

Mobile Streams Also in Discussion With Reliance Jio

Mobile Streams, which also has a huge customer base, is in advanced stage discussions with Reliance Jio to launch new services. An update on the same front should arrive soon. Nigel Burton, Non-Executive Director of the company has stepped down from Board with immediate effect. However, Burton will be available for the company as a part-time paid advisor. Burton said that getting to serve 273 million customers of Vodafone Idea is a big business opportunity for the company. Mobile Streams has been able to build new revenue streams which include building relationships with the telecom operators in all the remaining territories of the legacy business.

What is Metaverse?

Metaverse is a new generation digital asset and blockchain-based platform. It aims to establish a decentralized world wide P2P network, which will be able to connect the real economy with the virtual world. The Metaverse protocol is built on top of a Proof-of-Stake (PoS) consensus mechanism. It uses the DPoS consensus mechanism for maintaining the stability of the network and allows transactions to be made without the need for mining.

Metaverse is a blockchain-powered platform that aims to provide users with a medium to transact with other entities on the network. The platform empowers businesses to create their own customized digital tokens, which can be used for payment or as an asset.