ARTICLE
9 May 2023

Metaverse (Video)

BL
Borden Ladner Gervais LLP

Contributor

BLG is a leading, national, full-service Canadian law firm focusing on business law, commercial litigation, and intellectual property solutions for our clients. BLG is one of the country’s largest law firms with more than 750 lawyers, intellectual property agents and other professionals in five cities across Canada.
Just as the internet once made headway into people's lives and prompted companies to evolve accordingly, a few decades later the metaverse seems poised to do the same.
Canada Technology

What is the metaverse?
Fad? Hype? Opportunity?

Just as the internet once made headway into people's lives and prompted companies to evolve accordingly, a few decades later the metaverse seems poised to do the same. Health care, transportation, finance, management practices: expect the metaverse to go mainstream and permeate every facet of the human experience by the end of the decade.

Using cryptocurrencies to conduct business in a decentralized, immersive online space will change the way companies address privacy matters and cybersecurity, intellectual property, cross-jurisdiction tax matters, employment conditions and other legal considerations.

Whatever your industry, you will find in BLG a resourceful and knowledgeable ally as we collectively approach this next tipping point in innovation.

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Our team can help corporate early adopters make the most of this largely uncharted territory and safely navigate its risks and opportunities in present times. We can also assist companies with a longer view to transformation and sustainability in preparing themselves to opt in, one day.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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