Legal Challenges of Intellectual Property in the Metaverse Under UAE Intellectual Property Law: Trademarks, Copyrights, Patents

The concept of the Metaverse, fashioned after the physical universe, presents a virtual reality where economic activities and cultural expressions thrive. This virtual realm, inhabited by avatars, facilitates living, working, and socializing from any corner of the globe. Unlike traditional measures of success, the Metaverse predicates achievement on tangible assets like virtual real estate, NFTs, and digital tokens. As this virtual space evolves, complexities arise in defining and protecting forms of virtual property under existing property laws. Moreover, the rise of NFTs, fueled by cryptocurrencies and blockchain technology, underscores the growing importance of intellectual property (IP) rights within the Metaverse. The significance of intellectual property in the Metaverse cannot be overstated. Emerging IP practices in this digital realm demand attention, given their potential for commercial advantage. However, existing legal frameworks, such as the UAE's Federal Law No. 7 of 2002, have yet to comprehensively address IP rights within virtual worlds like the Metaverse. While international treaties provide a foundation for IP protection, adapting laws to accommodate the unique challenges the Metaverse poses remains a work in progress. Nonetheless, recognizing virtual designs as property and establishing clear guidelines for software copyright in virtual environments are imperative steps toward safeguarding creators' rights in this burgeoning digital landscape.

Authors

Institutions

Publication Details

Published
2024-11-26
DOI
https://doi.org/10.1109/imeta62882.2024.10808155
Citations
5
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
2.64
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Legal Challenges of Intellectual Property in the Metaverse Under UAE Intellectual Property Law: Trademarks, Copyrights, Patents

Shuq Hussein
5 citations
FinTech, Crowdfunding, Digital Finance
2.64
article

Legal Challenges of Intellectual Property in the Metaverse Under UAE Intellectual Property Law: Trademarks, Copyrights, Patents

Shuq Hussein
article en
5 citations

Abstract

The concept of the Metaverse, fashioned after the physical universe, presents a virtual reality where economic activities and cultural expressions thrive. This virtual realm, inhabited by avatars, facilitates living, working, and socializing from any corner of the globe. Unlike traditional measures of success, the Metaverse predicates achievement on tangible assets like virtual real estate, NFTs, and digital tokens. As this virtual space evolves, complexities arise in defining and protecting forms of virtual property under existing property laws. Moreover, the rise of NFTs, fueled by cryptocurrencies and blockchain technology, underscores the growing importance of intellectual property (IP) rights within the Metaverse. The significance of intellectual property in the Metaverse cannot be overstated. Emerging IP practices in this digital realm demand attention, given their potential for commercial advantage. However, existing legal frameworks, such as the UAE's Federal Law No. 7 of 2002, have yet to comprehensively address IP rights within virtual worlds like the Metaverse. While international treaties provide a foundation for IP protection, adapting laws to accommodate the unique challenges the Metaverse poses remains a work in progress. Nonetheless, recognizing virtual designs as property and establishing clear guidelines for software copyright in virtual environments are imperative steps toward safeguarding creators' rights in this burgeoning digital landscape.

University of Edinburgh (GB)
Openalex Percentile: Top 8%
FinTech, Crowdfunding, Digital Finance
2.64
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.