The UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications Office has published a whitepaper on a “Responsible Metaverse Self-Governance Framework” with contributions from OKX, a notable player in the Web3 technology domain. This initiative is an answer to the burgeoning influence of the metaverse across diverse sectors and the consequential demand for a standardized operational paradigm.
The report, orchestrated by Minister Omar Sultan Al Olama alongside the Dubai Department of Economy and Tourism, emphasizes the metaverse’s expansive potential and the necessity for a global consensus on its operational norms as it becomes more ingrained in our daily routines. The metaverse’s ripple effects are discernible across a plethora of sectors including manufacturing, healthcare, tourism, retail, and education. Although the potential is extensive, the absence of clear operational standards,…
