Tech Talk

Metaverse a new frontier that needs clearer laws

Bloomberg estimated that business activities over the metaverse could reach US$800 billion (S$1.1 trillion) in 2024. PHOTO: AFP
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SINGAPORE - Two avatars - yours and your business partner's - confirm a million-dollar deal in the metaverse, except that you know nothing about the virtual conversation. Someone has hacked your avatar and stolen your identity in the metaverse.

This could be an actual scenario in the future in the metaverse, a term to describe immersive virtual spaces.

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