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.
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:
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!
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.
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.
Download or read book Global Perspectives in FinTech written by Hung-Yi Chen and published by Springer Nature. This book was released on 2022-10-03 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: FinTech is an emerging field and most of the existing literature appears in the form of industry reports, consulting reports, working papers, and policy recommendations. Although FinTech has been widely discussed for many years, there is a paucity of literature on some categorizations of FinTech. This edited volume distinguishes itself by focusing on academic works of scholars with a different area of specialization in the FinTech field including technology, innovation and regulation. In particular, the book focuses on the laws and technologies necessary to comprehend the role of the legal system in technological innovations and will be helpful for regulatory policymaking. A practical compendium that explains concepts and follows through on applications in FinTech including its challenges and evolving nature, this book will be of interest to students, scholars, practitioners as well as regulators and policy makers.
Download or read book Islamic Sustainable Finance Law and Innovation written by Nadia Mansour and published by Springer Nature. This book was released on 2023-07-26 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses the role and characteristics of Islamic finance and how it can contribute to a sustainable financial system. Islamic finance is not only for the 1.5 billion Muslims. Several countries are interested in it because it has interesting characteristics in terms of transparency and banking regulation. Although the origins of Islamic finance date back several centuries, its resurgence is relatively recent. From its modern beginnings in Egypt and Malaysia, Islamic finance is now a growing sector and its recent performance contrasts with that of conventional banks. Rapid growth and innovation are transforming the sector, driving economic development in an increasing number of jurisdictions, while also increasing the number of new opportunities and challenges. Today, with the problem of climate change and its adverse effects on the whole world, the flexibility of Islamic finance concerning the operations available to those who wish to finance the development of infrastructure, makes this area crucial for sustainable finance.
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:
Download or read book Technology in Financial Markets written by Marco Dell'Erba and published by Oxford University Press. This book was released on 2023-09-28 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a dynamic perspective on the study of technology as a disruptive force and its relationship to financial regulation and the law. It identifies the interconnections that characterise technology-driven transformations, involving commercial practices, capital markets, corporate-governance, central banking, and financial networks.
Download or read book The Financial Metaverse written by Albin Spinner and published by Springer Nature. This book was released on 2024 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Derivative trading? That's something for Wall Street types, right? Maybe, but it also affects everyone else in ways that are still little appreciated. Futures traders have paralysed the global trade of nickel, a key component in the battery of your neighbour's Tesla. For a few minutes one trading day during the pandemic, sellers of crude oil were paying buyers to take the stuff, defying the very notion of trading, in an episode straight out of "Alice in Wonderland". Understanding how this obscure corner of finance works (and what happens when it doesn't) is a key pillar of financial literacy today. If you are a financial markets practitioner, everyday investor, academic, regulator, policy maker or kitchen-table economist, you need to know how financial derivatives really work and be aware of the emerging digital innovations that makes this market the highest stake metaverse.
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.
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.
Download or read book Proceedings of the 3rd International Conference on Business Law and Local Wisdom in Tourism ICBLT 2022 written by I Nyoman Putu Budiartha and published by Springer Nature. This book was released on 2023-02-10 with total page 1005 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book. The 3rd International Conference on Business Law and Local Wisdom in Tourism (ICBLT) will be an annual event hosted by Universitas Warmadewa, Denpasar, Bali. “Business Law and Local Wisdom in Tourism” has been chosen at the main theme for the conference, with a focus on the latest research and trends, as well as future outlook of the field of Call for paper fields to be included in ICBLT 2022 are Local Wisdom (Customary Law); Law on Business, Business Competition, and Prohibition of Monopoly; Law on Land and Environment; Law on Investment; Law on Criminal Act of Corruption and Asset Recovery Law on Licenses and Labor; Law on Tourism; Law on Transportation; Law on Immigration Intellectual Property Rights; and Law on Resolution of Tourism Investment and Business Disputes.This international seminar aims to facilitate scholars, researchers, practitioners, and students to share their thoughts on the latest trends on Business Law and Local Wisdom in Tourism whilst building network in an engaging environment. The participants of this conference will have a chance to enrich knowledge and discuss common challenges and offer creative solutions. By this, we hope to enhance and contribute knowledge for a better civilized community.
Download or read book Metaverse Investing The Step By Step Guide to Understand Metaverse World and Business Virtual Land DeFi NFT Crypto Art Blockchain Gaming and Play To Earn written by Darell Freeman and published by Darell Freeman. This book was released on 2022-04-13 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you heard about the Metaverse on Social Networks or from friends and would like to learn more about this Digital Revolution? Do you want to find out how to seize this new investment opportunity and not get left out? Then read on! The Metaverse is a world of infinite possibilities. A concept, though old, yet so new. As civilization takes the next step into the virtual world, it would only be wise to arm yourself with knowledge of what is coming and how to benefit from it. This book is a guide on what the Metaverse is all about. Have you ever wondered who would own this new world? What is all this about NFTs, digital assets, cryptocurrencies, virtual concerts, etc.? The concept of the Metaverse has left us with more questions than answers. I bet the Metaverse is already here, and yet you have been missing out on it the entire time. The Metaverse has predecessors that can give us a glimpse of what to expect in the new world. What kind of currency would be made available in this new world? How do I buy in the Metaverse? How do I buy NFTs? What about the internet? How is the Metaverse any different from the internet? And so on. Here's what you will find in this book: ✅ General Introduction to the Metaverse World ✅ Understanding Metaverse Investment ✅ Digital Real Estate Investing ✅ Buying Land in Metaverse ✅ What Non-Fungible Tokens are, and their role and importance to the Metaverse ✅ Web 3.0 and its uniqueness to the Metaverse ✅ Who and what will power the Metaverse? ✅ Augmented Reality vs Virtual Reality ✅ Introduction to Decentralized Worlds ✅ New business models and opportunities in the virtual economy ✅ Career Opportunities in the Metaverse ✅ And much more! This guide will first take you on a trip into the Metaverse, what we know about the Metaverse, and what you should expect. The Metaverse, as many have defined, is a digital representation of the physical world in a virtual space, where we can establish social and physical connections. Searching for all this information on your own could be such a hassle, but this book has combined everything into one source for you. Several firms such as Meta, Apple, and Microsoft have invested millions into the Metaverse. All their present and upcoming projects are also discussed in the book. Many people have been asking what they stand to gain when the virtual world is here. The book lists over 15 jobs you can offer in the virtual world. Aside from the good things the Metaverse promises, are there any shortcomings we should expect? What kind of crimes should we expect in this new world? This is a collection of all the answers to your questions concerning the Metaverse and how you can be a part of it. Many have promised the Metaverse is for everyone, whether you are a business owner, a gamer, or you are just looking for the next big thing to explore. The Metaverse is the answer. What are you waiting for? Add this book to your cart to get started!
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.
Download or read book Banking Law and Financial Regulation in the UK and EU written by Pierre de Gioia Carabellese and published by Taylor & Francis. This book was released on 2024-06-28 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking Law and Financial Regulation in the UK and EU seeks to blend orthodox topics covered within the banking and financial law syllabus, such as sources of banking and financial law, financial markets, financial and banking institutions, financial transactions, and banking and financial insolvency, with a careful analysis of emerging issues and more contemporary topics. This advanced-level textbook offers a new format for the study of banking and financial law, placing it within the wider context of economic development. As such, two elements are integral to this new methodology: the rise of techno-banking and digitalisation of the financial sector, and Brexit. Departing from the approaches of more traditional textbooks in this area, the book also takes a comparative approach to UK and EU banking law, highlighting the legal consequences of the UK’s exit from the EU. Aspects of human rights are integrated throughout and current debates and developments around financial crises – the advancement of technological innovations in the banking sector and contemporary topics, such as health crises, energy, and ESG and the environment – is taken into account to provide the reader with the opportunity to develop their own autonomous and broader understanding of the various concepts. Banking Law and Financial Regulation in the UK and EU will be a valuable text for students taking advanced undergraduate and postgraduate-level courses in banking law and financial law, as well as practising lawyers, managers and accountants.
Download or read book Financial Technologies and DeFi written by Abeba N. Turi and published by Springer Nature. This book was released on 2023-01-01 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: The hunt for new forms of value generation is shaping the future of economic and financial interactions, leading to the emergence of innovative business models and technological enablers. Other than challenging our time and space limits, such technological advancements, in some cases, have allowed the generation of value at nearly zero marginal cost. Inevitably, emergent tech solutions are fundamental game changers in digital and conventional finance. In this regard, the book fleshes out the core developments and trending fintech 2.0 solutions that pause challenges and bring opportunities for businesses and economies. It comprises nine main chapters with collective insights and interdisciplinary perspectives covering the business, tech, and regulatory layers of financial technologies and decentralized finance. Besides, the book illustrates how to leverage these state-of-the-art technologies for the evolving digital and decentralized finance world. The book targets a broad audience of researchers, academia, industry professionals, fintech enthusiasts, and the general business audience with timely data and up-to-date cases.
