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Ethical Principles for The Metaverse Announced by South Korea’s Ministry of Science and ICT

Proposal Draft

Some good news out of the Far East, as South Korea’s Ministry of Science and ICT (MSIT) has drafted a proposal of principles designed to regulate the Metaverse, and is focused on protecting youth, personal information and copyright. With many of the leading tech companies such as Meta building the new paradigm, the Seoul government is aware of the possible dangers the Metaverse poses to users in regards to harassment, bullying and abuse if things are left to go unchecked.

Three Core Values

In the current draft — helped by the opinions and competence of experts, industrial sectors, governmental departments, and civic organizations — MSIT’s attention will be on three core values: protecting youth, personal information and copyright issues — all saliant topics as we enter the reality of Web3 — while outlining for the metaverse participants as an intact self-identity, safe enjoyment and sustainable prosperity.

MSIT has also put forward eight core principles to steer the Metaverse in the right direction as far as governance goes:

These are:

  • Authenticity
  • Reciprocity
  • Autonomy
  • Data protection
  • Fairness
  • Respect for privacy
  • Responsibility
  • Inclusion

A final draft of the principles — once the experts have had their input — will be drawn up by the end of the year, where it will then be applied to relevant use cases of the Metaverse.

The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

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Jake Vikoren

Jake Vikoren

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Deep Prasad

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Araceli Venegas

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James Dargan

James Dargan is a writer and researcher at The Metaverse Insider. His focus is on the QC startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Jake Vikoren

Jake Vikoren

Company Speaker

Deep Prasad

Deep Prasad

Company Speaker

Araceli Venegas

Araceli Venegas

Company Speaker

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