Science Reporter is one of the oldest English language popular science monthlies published in India.
Tuesday, July 12, 2022
Banking services chronicle
Banking services chronicle Published this article page no 94 Understanding and managing the intangibility of assetsThe idea of virtual assets creates several questions likewho will own these assets are these assets transferable across platforms and what about the associated copyright issues. Protecting the vulnerableThe vulnerable section i.e children senior citizens and digitally unaware among others are more vulnerable to influences of the metaverse environment. E.g hyperreality experiences could trigger a sensory overload and induce fits or seizures in users who have a disorder like epilepsy. Creating a new class of haves and have notsThe current rate of technological adoption in the form of Internet of Things (IoT) 5G Technology etc. has aggravated the socioeconomic divide. The prevalence of metaverse could create further divide due to economic capacity urbanrural gaps etc. The most important ethical issue among these is to ensure that the digital lives of the participants and connectedly their real life is not subconsciously dictated by the platform or the interacting interface. Principles that could guide ethics of the metaverse It is evident that the rights principles and doctrines of the real world may not completely translate to the digital realm. But following principles could make metaverse a more understandable safe and inclusive space Do no harmEnabling testing environments which ensure that the effects of its experience are not harmful. o A corollary of this principle is to avoid creating content that objectifies demeans or violates the rights of humans or animals Banking services chronicle buy.
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