Mini Track on Looking into the future of a legal metaverse?

THE 5th INTERNATIONAL CONFERENCE
ON ECONOMICS AND SOCIAL SCIENCES

Fostering recovery through metaverse business modelling

16-17 June 2022, Bucharest, Romania

Mini Track Chairs

  • Ovidiu Ioan Dumitru, Bucharest University of Economic Studies, Bucharest

  • Evelien Bruggeman, Delft University of Technology, Netherlands

The present is fundamentally changed from the moment the internet was created, the last decades bringing huge steps in technological evolution, with a transfer of know-how from hardware to software and nowadays to the management of big data. The Covid pandemic restrictions transferred online most of the population leading to a fast process of digitalization, one which started in the last period, but exploded once the restrictions started applying.

Moreover, the fast evolution of the digitalization led to a new door to be opened, the one of metaverse, a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe and a question to be addressed in relation to all those area which need to be govern in this new universe like:

Technologies like Extended Reality, User Interactivity (Human-Computer Interaction), Artificial Intelligence, Blockchain, Computer Vision, Edge and Cloud computing, and Future Mobile Networks are the instruments driving the transition from the current internet to the metaverse, but have you asked yourself how are those revolutionary tools regulated? What law is governing their communication? What kind of legal relations are born? Who is really liable for their actions? How is the huge volume of data protected? All the above were created by humans, but started developing and started to alienate, becoming something so complex and dynamic that it is hard for any legislator to adapt constantly.

The metaverse ecosystem allows human users to live and play within a self-sustaining, persistent, and shared realm, but how should we regulate this?

There are many questions to be answered in relation to the future of metaverse and Business Law is not going to be safeguarded from sensitive examinations mainly because this newly developing domain brings a great number of challenges for the law governing it. The implications of the Metaverse for the legal community and within the regulatory community as well as every other facet is enormous. While this space is being built, it is still early. Over the course of the next several years, the Metaverse and all its implications will move from the fringe to a more important arena for lawyers to contemplate and eventually address

ICESS 2022 – Business Law provides a space for all those interested in Business Law to discuss and exchange research ideas in the light of the work environment, business model, and technological changes driven by COVID-19. We welcome legal papers which relate with one of the elements composing this new Area of metaverse, submitted by Academics, Researchers, PhD students and practitioners.

We welcome you to join us for our specialized session debates that will result in high quality practical insights and networking.

Ovidiu Ioan Dumitru

Ovidiu Ioan Dumitru is Associate Prof. PhD. at the Faculty of Law from Bucharest University of Economic Studies, teaching Business law, European Law and Contract Law He is the Dean of Faculty of Law. He is the President of Romanian Society of Construction Law and member of the Board of the European Society of Construction Law. He has been a member of the Education Commission of the Romanian Parliament for 4 years, 2012-2016. He is the Editor-in-Chief of the Romanian Construction Law Review and is a member of the organising teams of different international conferences. Ovidiu holds a Phd in Law, a PhD in Mine, Oil & Gas, and a MBA from WU Executive Academy. He is author and co-author of more articles and books in the field of Business Law and European Business Law.

Evelien Bruggeman

is professor of Construction Law at Delft University of Technology and is also the Director of the Dutch Institute of Construction Law (Instituut voor Bouwrecht) in The Hague. At the moment she is conducting research into the influence of new construction methods on (construction) contract law. One of the aspects of this project is research into the legal aspects of the use of Building Information Models (BIM) in the Netherlands. Her research focuses on both the contractual aspects, as well as the implications for public procurement. Her Dutch handbook on the legal aspects of working with BIM was published in October 2020. Evelien is the General Secretary of the Society of Construction Law which represents the European platform and Association of more than 20 national societies in this Field. She specialises in private construction law, construction contracts, consumer construction law, the legal aspects of quality assurance in construction and the legal aspects of new technologies, BIM and data.