Page 17 - Executive briefing on the metaverse
P. 17

Executive briefing on the metaverse



               5.2  Access


               Access to the metaverse depends on the availability of ICT infrastructure. For the metaverse
               to reach its full potential, everyone everywhere will need to be able to access it. To do this will
               require closing the connectivity gap and bridging the digital divide.


               5.3  Competition

               For the metaverse to flourish it needs to be built on a foundation that enables market competition
               of ideas and avoids dominance by a few companies. .
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               5.4  Data protection and privacy

               With so much personal information being generated and stored in virtual spaces, it is important
               to ensure that people's privacy rights are protected. This includes issues such as who owns the
               data generated in the metaverse, and how it can be used and shared. 22

               5.5  Intellectual property


               The metaverse has the potential to create new forms of intellectual property such as virtual
               goods, digital assets, NFTs, and experiences. It is important to ensure that these new forms of
               intellectual property are protected, and that their owners can profit from them.


               5.6  Interoperability

               Different metaverse platforms will have to interact with one another to offer a seamless
               experience to all users. The metaverse should be accessible regardless of the underlying
               topologies and technologies. Therefore, pivotal points or common agents will have to be
               standardized to enable interoperable workflows between several platforms, enabling minimum
               but sufficient interoperability mechanisms.

               5.7  Cybersecurity

               With vast amounts of sensitive data required to operate the metaverse it can be expected to
               attract cybercriminals. Comprehensive security guidelines and regulations will need to be in
               place to protect metaverse users from scams, ransomware and other cyberthreats. 23


               5.8  Online harassment

               Users of the metaverse will not be immune from online harassment, and it is important to ensure
               that people are protected from abusive behavior in virtual spaces. 24


               5.9  Sustainability

               Other important factors that would impact the evolution and growth of the metaverse are the
               impact it would have on sustainability, and the role it could play in adapting and mitigating
               climate change. In addition, it is important to examine and assess the impact of the metaverse on
               greenhouse gas emissions early enough in order to adopt suitable standards and regulations.





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