“…policy implications of the development of virtual worlds – civil, company, commercial and intellectual property law issues” | …some common sense, some utterly bonkers stuff in this European Parliament report

Link is below; what worries me is not the reflective stuff which describes where we are, but the direction which their virtual finger is implicitly pointing by merely writing some of this stuff.

Goodbye anonymity. Hello legally-mandated online identity and “rights for digital avatars”. And does anyone remember what a “NFT” was?

REPORT on policy implications of the development of virtual worlds – civil, company, commercial and intellectual property law issues

20. Is concerned that the use of avatars and decentralised systems, such as those built on blockchain technology, might make it extremely challenging to hold tortfeasors accountable; considers that the implementation of effective identity management systems is key in order to allow for their proper and timely identification and to combat fake identities, also taking into account the specificities linked to the governance of decentralised autonomous organisations (DAOs) and to collective liability; welcomes in this regard the Commission’s intention to study the added value of a possible legal framework for DAOs;

21. Recalls that avatars do not have legal personality so any issues regarding their legal capacity, rights, obligations and liabilities needs to be addressed with reference to the natural or legal persons using them; considers that, as virtual worlds evolve and become more complex, consideration should be given to the appropriateness of granting a specific legal status to avatars; considers that the avatar or the person behind the avatar should be identifiable and a know-your-business-customer principle should be applicable;

https://www.europarl.europa.eu/doceo/document/A-9-2023-0442_EN.html

https://alecmuffett.com/article/108947

#europeanUnion #regulation #regulatoryHeadcanon #virtualReality