METAVERSE – The Journey Has Begun
Businesses have the metaverse on their agenda, as both our clients’ enquiries and the latest legislative activities show. The transformation to “Web 4.0” has begun and the European Commission currently sets about regulating it.
There is no time to wait with the strategic analysis of the new opportunities and risks, though. In order to support you, we prepare a series of short blog posts, starting with the following assessment of the current status and our suggestion for your legal focus:
With a growing interconnection of physical and digital worlds based on developing and new technologies, a new virtual and immersive environment develops blending theses worlds, in which business processes are being integrated.
The metaverse is, according to the Commission, based on “advanced artificial and ambient intelligence"