In short: China is proposing a system similar to its social credit system to regulate activities in the metaverse. The proposal suggests creating digital IDs based on natural and social traits, collecting personal information, and sharing it with law enforcement. Experts have mixed reactions, with concerns about privacy and freedom. China Mobile proposed the strategy at an ITU meeting and it could be voted upon in October. Some experts believe China is aiming to lead in metaverse development and set standards for emerging technologies. Critics argue that Chinese proposals are often disregarded by technology companies.
Our quick analysis:
In the ever-expanding realm of the metaverse, where virtual reality and digital experiences reign supreme, China has set its sights on implementing a regulation system that raises eyebrows and concerns. With a scheme closely resembling its controversial social credit system, China aims to exert control over people's activities in this futuristic digital landscape.
China Mobile, a prominent player in the country's telecommunications industry, has proposed a "Digital Identity System" for users in the metaverse. This system suggests creating digital IDs based on individuals' natural and social traits, collecting personal data such as occupation and distinctive characteristics. The information would be securely stored and shared with law enforcement agencies, all in the name of maintaining order.
While some may argue that providing individuals with digital IDs containing personal traits and information is a step towards efficient governance, others fear that it mirrors the intrusive nature of China's social credit system. This system, which evaluates citizens and businesses based on moral character and trustworthiness, requires gathering extensive data on financial records, social interactions, online activities, and more to assign scores with significant consequences.
From travel limitations and restricted job access to limited loan opportunities and public humiliation, the Chinese social credit system has been a subject of heated controversy since its introduction. The potential implementation of a similar regulation system in the metaverse raises valid concerns, particularly regarding privacy infringement and limitations on personal freedoms.
China Mobile's proposal within the second International Telecommunication Union (ITU) metaverse focus group meeting has garnered mixed reactions among experts. Chris Kremidas-Courtney, a Senior Fellow for Friends of Europe, observes that China aims to lead in metaverse development while aligning it with their state-controlled digital system. This move sets a precedent where China defines the norms for emerging technologies while potentially compromising individual liberties.
Highlighting another perspective within the ITU metaverse focus group, an expert questions whether an immersive world monitored by Chinese authorities aligns with the principles of open and unrestricted metaverse experiences. Such concerns urge governments worldwide to consider the implications of surrendering identity protocols to a centralized authority.
However, not everyone is convinced of China's influence within the ITU. Matt Sheehan, a fellow at the Carnegie Endowment for International Peace, voices discontent with the flood of questionable proposals from Chinese actors, often fueled by government subsidies. This flood of proposals has resulted in technology companies paying less attention to ITU standards.
As discussions regarding the regulation of the metaverse continue, it is crucial to navigate skepticism surrounding China's proposal. Balancing the need for order and societal harmony with the preservation of privacy and individual freedoms is of utmost importance. The metaverse should embrace innovation and inclusivity, fostering a space where limitless opportunities thrive without dampening the human spirit.
In this digital landscape, the decisions we make today will shape the metaverse of tomorrow. Let us strive for a future where emergent technologies respect privacy, encourage free expression, and empower individuals to shape their virtual destinies.
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Disclaimer: Our articles are NOT financial advice, and we are not financial advisors. Your investments are your own responsibility. Please do your own research and seek advice from a licensed financial advisor beforehand if needed.
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