Exploring Legal and Regulatory Challenges for Intellectual Property in Metaverse
Aranya Nath & Sreelakshmi B
Abstract
Today we are in the age of technology, where Metaverse is a real-time 3D that forms newly invented digital platforms where everyone can interact with each other. Earlier in the Internet age, it was mainly on read-only Web.3 Now, cutting-edge technology is reaching the next level of awareness, commonly called Web 3.0. Enabling individuals to converse autonomously symbolizes a more individualized form of internet technology that offers spatial experiences akin to those found in the real world. Allowing users to speak independently indicates a more individualized technology format that will provide multidimensional sensations equivalent to those encountered in nature. Future advancements in interactive experiences might cause the lines separating the real and virtual worlds to become hazier due to Web 3.0. It will be facilitated by the Convergence of enabling technologies, including, but not limited to, blockchains, AR &VR. The Metaverse is about how we will interact with it, whereas Web 3.0 is about designing the future Internet. Such transitions will provide significant challenges and threats for metaverse platform users, competitors, and owners. It would need regulators and legislators to thoroughly scrutinize problems such as Intellectual Property Rights (IPRs). The aim of this research would be to investigate the potential issues that the Metaverse will bring for IPRs, as well as to explore IPR concerns connected to the Metaverse in the context of India.
Key Words:Intellectual Property, Metaverse, AI, Web 3.0 Internet
Recommended Citation
Aranya Nath & Sreelakshmi B., ‘Exploring Legal and Regulatory Challenges for Intellectual Property in Metaverse’ (2023) 1(1) OUJIPR, 192
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