While laws may not be perfect, the cryptocurrency sector could do with something that makes regulation and operation smoother and clearer.
Researchers in the United Kingdom investigated the viability of existing intellectual property (IP) laws and their implementation to evolving technologies like Metaverse.
In the study, the researchers highlighted flaws in current legislation and made recommendations.
On March 7, the United Kingdom government released an outside commissioned study paper titled “IP and Metaverse.” The report covered the existing IP laws and how they can be applied to technologies like Metaverse.
The study stated that metaverse-specific intellectual property challenges exist, such as IP governance in an interoperable environment and regulating technologies like blockchain and artificial intelligence (AI) within virtual worlds.
A researcher wrote, “Blockchain’s inherent resistance to change or correction undermines the ability to flexibly manage
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