How should metaverse be governed?

Group member:Xiangyu Chen(Kate)

Metaverse is a virtual environment for the future that is persistent and interconnected. Users can interact with digital assets and property while simultaneously interacting with them through devices and technology.Web 2.0 is the second generation of the World Wide Web. It focuses on using the Web as a platform and provides more opportunities for collaboration, functionality, various applications and user-generated content.The regulatory metaverse needs to find a reconciliation between regulation and innovation in order to develop interoperability while protecting user privacy and security.

Metaverse

Youtube

The digital video platform, which has battled repeated negative headlines in the last two years, published new terms of service for its users in the European Union and Switzerland last month. Hardly anyone noticed.

The rules beef up the power of the video sharing platform to remove access to users who cause harm to the reputation of the service, or harm its users.

The new terms of service for European users also make clearer the requirement for users of the website to be 13 years old or older, otherwise their parents bear the responsibility for their actions — crucial given an imminent ruling by the Federal Trade Commission (FTC) about YouTube’s compliance with the Children’s Online Privacy Protection Act (COPPA, which stops online services tracking children under the age of 13), as first reported by The Washington Post, which over the weekend said that the FTC had settled with YouTube.

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Harley, B. (2022, June 27). Forkast news. Forkast. https://forkast.news/what-will-be-the-law-of-metaverse/

Stokel-Walker, C. (2019, July 22). Regulation is Coming to YouTube, and It’s Going to be Ugly. FFWD. https://ffwd.medium.com/regulation-is-coming-to-youtube-and-its-going-to-be-ugly-ac385d340cd9