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Regulating The Metaverse
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Book Synopsis Regulating the Metaverse by : Ignas Kalpokas
Download or read book Regulating the Metaverse written by Ignas Kalpokas and published by Taylor & Francis. This book was released on 2023-01-26 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: The metaverse seems to be on everybody’s lips – and yet, very few people can actually explain what it means or why it is important. This book aims to fill the gap from an interdisciplinary perspective informed by law and media and communications studies. Going beyond the optimism emanating from technology companies and venture capitalists, the authors critically evaluate the antecedents and the building blocks of the metaverse, the design and regulatory challenges that need to be solved, and commercial opportunities that are yet to be fully realised. While the metaverse is poised to open new possibilities and perspectives, it will also be a dangerous place – one ripe with threats ranging from disinformation to intellectual property theft to sexual harassment. Hence, the book offers a useful guide to the legal and political governance issues ahead while also contextualising them within the broader domain of governance and regulation of digital technologies.
Book Synopsis Regulating the Metaverse Economy by : Annelieke Mooij
Download or read book Regulating the Metaverse Economy written by Annelieke Mooij and published by Springer Nature. This book was released on 2023-12-02 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book examines regulating an environment that has no jurisdiction, is fully anonymous and infinitely vast? Welcome to the Metaverse, an online virtual reality that is expected to add billions to the global economy. The Metaverse offers a new type of virtual economy with practically endless business opportunities. The question is how to prevent these opportunities from being abused to commit money laundering and finance terrorism (MLFT). This book explores the current European Union legislation designed to prevent MLFT in connection with the Metaverse. It analyses the legislation in relation to the three traditional stages of MLFT: placement, layering and integration. Furthermore, some additional risks specific to the Metaverse are discussed, such as Non-Fungible Tokens (NFTs) and the high level of anonymity. The book concludes that the current legislation is not suitable for facing the new challenges of the Metaverse. In turn, the book puts forward a novel approach to regulating and enforcing MLFT legislation: using a system of smart assets equipped with AI to prevent and detect MLFT. In addition, it makes recommendations on how to improve the legal framework with regard to the new challenges arising from the Metaverse. Particular attention is given to creating a legal framework that incorporates the use of smart assets and the Internet of Things, in order to provide a safe environment for potential users and society. With a solid background in financial law and technology, the author successfully creates a novel system of regulation and enforcement that is based on the use of automatic enforcement, whilst keeping sufficient legal safeguards in place for potential Metaverse users. This book will be of interest to anyone interested in the Metaverse. Whether you want to regulate it or open your own virtual business, it’s a must-read!
Book Synopsis Metaverse and Its Regulation by : Omer Aamir
Download or read book Metaverse and Its Regulation written by Omer Aamir and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The digital era has improved many aspects of our lives. There has never been greater access to information, nor a time when so much of the information available to us was free. Many marginalized groups and individuals now have large and unstoppable digital megaphones in their hands. Those who are physically far apart can feel closer to each other. Art has never been so easy to find, nor have so many artists paid for their work. Similarly, knowledge and expert opinions in fields ranging from medicine to law to education to aeronautics to finance are readily available through digital media (usually free).The metaverse is a shared virtual world accessed through physical means that users can access from any platform while connected to the internet, and where they can interact through their virtual avatars. It will likely be used for a multitude of purposes such as gaming (the primary use as of now), shopping and novel advertising, job training, education, working remotely, doctor's appointments, travel, social activities, entertainment, buying and selling virtual land, trading crypto & NFT's and selling real-world goods virtually. Access to the Metaverse can be via virtual reality, augmented reality, or a combination of both. Metaverse is a unique development in cyberspace. It uses Virtual Reality (VR) and Augmented Reality (AR) headsets to transpose users from physical space to virtual reality. A person sitting in Nigeria can roam the fields and hill tracts of Mongolia. People can weigh in on opinions about the Russia-Ukraine conflict, Taiwan strait crisis, and Israel-Palestine dispute amongst a host of other topics with people across the globe while interacting in the Plaza and people with common interests such as soccer fans can find a meeting place. Also, business executives can conduct conferences, attend meetings, and deliver presentations while sitting in the comfort of their homes. However, a host of important questions arise as to how to regulate this new frontier. The issues of concern regarding data collection (such as biometric data specifically), which might later be used by algorithms for targeted advertised campaigns make regulators wary of this new space. Moreover, there is the looming threat that with a lack of criminal code regulating activities in the metaverse, it might be circumvented by unscrupulous fraudulent actors for unlawful activities. These concerns are addressed in Section iii (a) of this report. Also, the question of regulating and underwriting financial transactions and contracts in the metaverse is something that is not entirely covered by existing laws and regulations. Lastly, the spread of fake news across the metaverse can result in disastrous consequences in the real world. The need to regulate the metaverse requires a robust legal architecture that caters to the ever-evolving needs of this new space; in particular regulating targeted advertising and marketing in this new domain.
Book Synopsis Regulating the Metaverse Economy by : Annelieke Mooij
Download or read book Regulating the Metaverse Economy written by Annelieke Mooij and published by Springer. This book was released on 2023-11-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book examines regulating an environment that has no jurisdiction, is fully anonymous and infinitely vast? Welcome to the Metaverse, an online virtual reality that is expected to add billions to the global economy. The Metaverse offers a new type of virtual economy with practically endless business opportunities. The question is how to prevent these opportunities from being abused to commit money laundering and finance terrorism (MLFT). This book explores the current European Union legislation designed to prevent MLFT in connection with the Metaverse. It analyses the legislation in relation to the three traditional stages of MLFT: placement, layering and integration. Furthermore, some additional risks specific to the Metaverse are discussed, such as Non-Fungible Tokens (NFTs) and the high level of anonymity. The book concludes that the current legislation is not suitable for facing the new challenges of the Metaverse. In turn, the book puts forward a novel approach to regulating and enforcing MLFT legislation: using a system of smart assets equipped with AI to prevent and detect MLFT. In addition, it makes recommendations on how to improve the legal framework with regard to the new challenges arising from the Metaverse. Particular attention is given to creating a legal framework that incorporates the use of smart assets and the Internet of Things, in order to provide a safe environment for potential users and society. With a solid background in financial law and technology, the author successfully creates a novel system of regulation and enforcement that is based on the use of automatic enforcement, whilst keeping sufficient legal safeguards in place for potential Metaverse users. This book will be of interest to anyone interested in the Metaverse. Whether you want to regulate it or open your own virtual business, it’s a must-read!
Book Synopsis Global Perspectives in the Metaverse by : Hung-Yi Chen
Download or read book Global Perspectives in the Metaverse written by Hung-Yi Chen and published by Springer Nature. This book was released on with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Research Handbook on the Metaverse and Law by : Larry A. DiMatteo
Download or read book Research Handbook on the Metaverse and Law written by Larry A. DiMatteo and published by Edward Elgar Publishing. This book was released on 2024-08-06 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Research Handbook analyses the role of law in a universe fractured by new disruptive technologies such as metaverse platforms. Contributing authors explore how the law will adapt as new dimensions of the metaverse are introduced to issues such as intellectual property rights, e-commerce, NFTs and cryptocurrencies, data privacy, contract law, as well as human rights, consumer law and criminal law. The abuse and manipulation of users is studied in several contributions.
Book Synopsis Regulating Digital Industries by : Mark MacCarthy
Download or read book Regulating Digital Industries written by Mark MacCarthy and published by Brookings Institution Press. This book was released on 2023-11-07 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulating Digital Industries is the first book to address the tech backlash within a coherent policy framework. It treats competition, privacy and free speech as objectives that must be pursued in a coordinated fashion by a dedicated industry regulator. It contains detailed discussions of current policy controversies involving social media companies, search engines, electronic commerce platforms and mobile apps. It argues for new laws and regulations to promote competition, privacy and free speech in tech and outlines the structure and powers of a regulatory agency able to develop, implement and enforce digital rules for the twenty-first century. Deeply informed by the history of regulation and antitrust in the United States, it brings to bear insights from the breakup of AT&T and the Microsoft case and from broadcasting and financial services regulation to enrich the discussion of remedies to the failure of tech competition, the massive invasion of privacy by digital firms and the information disorder perpetuated by social media platforms. It offers a comprehensive summary of regulatory reform efforts in the United States and abroad and shows how accomplishing the goals of these reform efforts requires the establishment of a single digital agency with jurisdiction to reconcile and balance the complementary and conflicting goals of promoting competition, protecting privacy, and preserving free speech in digital industries. It discusses in detail how a digital regulatory agency would be structured and the powers it would need to have. It confronts head on some of the challenges in establishing a strong digital regulator including the First Amendment roadblock that limits government authority over digital speech and the judicial opposition to the expansion of the administrative state. It is essential reading for policymakers, public interest advocates, industry representatives, academic researchers and the general public interested in a coherent policy approach to today’s tech industry discontents.
Book Synopsis Understanding the Metaverse and its Technological Marvels by : Palanichamy Naveen
Download or read book Understanding the Metaverse and its Technological Marvels written by Palanichamy Naveen and published by Cambridge Scholars Publishing. This book was released on 2023-12-11 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the burgeoning realm of the Metaverse, where virtual reality (VR), augmented reality (AR), blockchain, and artificial intelligence (AI) converge. Its primary purpose is to provide readers with a comprehensive understanding of the Metaverse's potential, challenges, and ethical considerations. The Metaverse is a rapidly evolving digital landscape, and this book is needed to serve as a guide through its complexities. It employs a multidisciplinary approach, drawing insights from technology, ethics, sociology, and economics. Methodologically, it combines in-depth research, case studies, and expert perspectives to provide a holistic view of the subject. Key findings include the transformative power of the Metaverse in diverse fields, such as education, healthcare, and commerce, but also the need for responsible development to address privacy, security, and inclusivity concerns. In short, the book provides practical insights for industry professionals seeking to navigate this new digital frontier, ensuring the Metaverse benefits society while minimizing its risks.
Book Synopsis Extended Reality by : Lucio Tommaso De Paolis
Download or read book Extended Reality written by Lucio Tommaso De Paolis and published by Springer Nature. This book was released on 2022-08-25 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two volume proceedings, LNCS 13445 and 13446, constitutes the refereed proceedings of the First International Conference on Extended Reality, XR Salento 2022, held in Lecce, Italy, during July 6–8, 2022. Due to COVID-19 pandemic the conference was held as a hybrid conference. The 42 full and 16 short papers were carefully reviewed and selected from 84 submissions. The papers discuss key issues, approaches, ideas, open problems, innovative applications and trends in virtual reality, augmented reality, mixed reality, applications in cultural heritage, in medicine, in education, and in industry.
Book Synopsis Forecasting Cyber Crimes in the Age of the Metaverse by : Elshenraki, Hossam Nabil
Download or read book Forecasting Cyber Crimes in the Age of the Metaverse written by Elshenraki, Hossam Nabil and published by IGI Global. This book was released on 2023-11-27 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the metaverse rapidly evolves, a comprehensive examination of the emerging threats and challenges is imperative. In the groundbreaking exploration within Forecasting Cyber Crimes in the Age of the Metaverse, the intersection of technology, crime, and law enforcement is investigated, and it provides valuable insights into the potential risks and strategies for combating cybercrimes in the metaverse. Drawing upon research and scientific methodologies, this book employs a forward-thinking approach to anticipate the types of crimes that may arise in the metaverse. It addresses various aspects of cybercrime, including crimes against children, financial fraud, ransomware attacks, and attacks on critical infrastructure. The analysis extends to the protection of intellectual property rights and the criminal methods employed against metaverse assets. By forecasting the future of cybercrimes and cyber warfare in the metaverse, this book equips law enforcement agencies, policymakers, and companies with essential knowledge to develop effective strategies and countermeasures. It explores the potential impact of cybercrime on police capabilities and provides valuable insights into the planning and preparedness required to mitigate these threats.
Book Synopsis Research Handbook of Metaverse and Law by : Larry A Dimatteo
Download or read book Research Handbook of Metaverse and Law written by Larry A Dimatteo and published by . This book was released on 2024-08-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Research Handbook analyzes the role of law in a universe fractured by new and disruptive technologies such as metaverse platforms. Contributing authors explore how the law will and must adapt as new dimensions are introduced to issues such as intellectual property rights, e-commerce, NFTs and cryptocurrencies, data privacy, contract law, but also human rights, consumer law and criminal law. The issue of abuse and manipulation of users is the focus of several contributions. In this innovative Research Handbook, global experts discuss the philosophical and legal questions raised by the use of immersive platforms for leisure and gaming, as well as professional, commercial and medical activities. The authors employ legal frameworks to understand the metaverse from the perspectives of personality, property, obligation, harm, and liability, examining how current law succeeds and falters in regulating the challenges presented by virtual worlds. They consider the dangers to ordinary citizens and vulnerable consumers and provide insights on how legislation should be developed prior to the creation of a fully functioning metaverse in order to prevent the erosion of fundamental human rights. This book is a crucial resource for scholars and students of Web 3.0 and AI law. Its comprehensive coverage of the intersection between law and the metaverse is indispensable for professionals in the field.
Book Synopsis Strategies and Opportunities for Technology in the Metaverse World by : Lai, P.C.
Download or read book Strategies and Opportunities for Technology in the Metaverse World written by Lai, P.C. and published by IGI Global. This book was released on 2023-01-06 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of metaverse technologies has had a critical impact on the modern world. Due to the recent popularity of this technology, it is important to understand the strategies, opportunities, and challenges contained in the metaverse world in order to appropriately utilize it across fields. Strategies and Opportunities for Technology in the Metaverse World explores the opportunities and challenges facing the metaverse and considers the strategies and opportunities of metaverse technologies in various industries and countries. Covering a range of topics such as blockchain, artificial intelligence, virtual reality, and machine learning, this reference work is ideal for computer scientists, researchers, scholars, policymakers, academicians, practitioners, educators, and students.
Book Synopsis Finance and Law in the Metaverse World by : Nadia Mansour
Download or read book Finance and Law in the Metaverse World written by Nadia Mansour and published by Springer. This book was released on 2024-10-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume examines the impact of the metaverse on finance and law. As the commercial development of the internet and digital technology has done for more than thirty years, the metaverse phenomenon raises questions about the relevance of existing legal rules in dealing with new practices: between the need for adaptation, evolution, or new rules. While the Blockchain ecosystem has developed steadily over the last few years and its applications are still evolving, can we assume that the metaverse will become "the most prodigious phenomenon of the 21st century"? The term metaverse refers to a virtual world. Technically, using known but evolving technologies, the term refers to a network of 3D virtual worlds. In its current state of development, there is a metaverse and not a single virtual world as there is an internal one, simply because its development is still dependent on proprietary technologies. The development of the metaverse is no less accurate, and a few recent examples suggest that lawyers will not be able to escape this phenomenon, which looks set to involve individuals, companies, and institutions. The financial world is not immune to the emergence of the metaverse either. Traditional finance is moving into new virtual worlds. Several banks and insurance companies are entering this world, far removed from their traditions. Some have even set up branches there. However, what are these financial institutions trying to achieve by entering this market segment? This book addresses these questions with contributions from academics and experts from both fields.
Book Synopsis Blue Book on AI and Rule of Law in the World (2022) by : Cui Yadong
Download or read book Blue Book on AI and Rule of Law in the World (2022) written by Cui Yadong and published by Springer Nature. This book was released on with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Proceedings of the International Conference on Law and Digitalization (ICLD 2022) by : Yang Chik Adam
Download or read book Proceedings of the International Conference on Law and Digitalization (ICLD 2022) written by Yang Chik Adam and published by Springer Nature. This book was released on 2023-02-10 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book.The Faculty of Law (FOL), Multimedia University will hold the 2nd International Conference on Law and Digitalization 2022 (ICLD22) on 25-27 July 2022 (Virtual Conference). ICLD22 will be part of the bigger Digital Future Congress (DIFCON 2022) comprising of various other conferences of multidisciplinary academic interests. The aim of ICLD22 is to provide a platform for both local and international academics, practitioners, policymakers, researchers and students to meet, share ideas and knowledge in law and digitalization through paper presentation. It also aims to encourage academic linkages between the academicians and the researchers from the legal fraternity. It also promotes future co-operations among the intellectuals from various fields and disciplines.
Book Synopsis Fantasies of Virtual Reality by : Marcus Carter
Download or read book Fantasies of Virtual Reality written by Marcus Carter and published by MIT Press. This book was released on 2024-09-10 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fantasies that underpin common perceptions of Virtual Reality—and what we need to know about VR’s potential risks as well as its opportunities. Virtual reality is the next new frontier for Silicon Valley. Mark Zuckerberg, who has overseen Meta’s investment of billions into VR, pitches it as the next dominant computing paradigm. More than just a gaming technology, VR is top of mind for academics, tech reportage, and industry evangelists who all see the potential for VR to revolutionize fields such as education and health, as well as the way we work and communicate. But will VR achieve all this? In Fantasies of Virtual Reality, Marcus Carter and Ben Egliston strip bare the tech industry’s vision of a future dominated by immersive VR experiences, challenging the utopian promises of this technology’s potential. Carter and Egliston offer a critical account of VR in a variety of contexts, from gaming to human resources to policing and the military. They argue that while VR does hold significant potential, the overhyped expectations surrounding it, from achieving true empathetic understanding to transforming traditional education and office work, are often overstated and fraught with issues of privacy, control, and exclusion. What’s more, there is nothing truly virtual about virtual reality: VR is deeply entrenched in the material world, driven by tangible technological, economic, and social logics. An accessible introduction to this emerging technology, Fantasies of Virtual Reality is essential reading for anyone interested in what VR can really do—and what is just plain fantasy.
Download or read book The Metaverse written by David Burden and published by CRC Press. This book was released on 2024-09-24 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Metaverse: A Critical Introduction provides a clear, concise, and well-grounded introduction to the concept of the Metaverse, its history, the technology, the opportunities, the challenges, and how it is having an impact on almost every facet of society. The book serves as a stand-alone introduction to the Metaverse and as an introduction to the range of topics that will be covered by the specialist volumes in The Metaverse Series. Key Features: a concise history of the Metaverse idea and related implementations to date; an examination of what the Metaverse actually is; an introduction to the fundamental technologies used in the Metaverse; an overview of how the different uses and aspects of the Metaverse are having an impact on our lives across multiple disciplines and social contexts; a consideration of the opportunities and challenges of the evolving Metaverse; and a sense of how the Metaverse may mature over the coming decades. This book is a primer and Metaverse reader, drawing on academic research and practical and commercial experiences and taking inspiration from the science fiction origins and treatments of the Metaverse. The book explores the use of the increasing number of virtual worlds and proto-Metaverses which have existed since the late 1990s and includes a critical consideration of recent developments in cryptoworlds and mixed reality. The aim is to provide professional and lay readers, researchers, academics, and students with an indispensable guide to what counts as a metaverse, the opportunities and challenges, and how the future of the coming Metaverse can best be guided.
