Singaporean Authorities To Hold Court Cases And Marriages In Metaverse
The digital space is creating more impressive output recently in different areas of life, with the introduction of metaverse, more people believe in the possibility of getting the digital form of real-life. The metaverse is gradually making its waves with diverse applications in the virtual space. It’s becoming quite intriguing how you can get the […]
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Singapore's Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient. Legal marriage proceedings, court case disputes, and government services may one day be offered on the Metaverse, according to a Singaporean government minister. Speaking at the TechLaw Fest 2022 on July 20, Singapore’s Second Minister for Law Edwin Tong argued even highly personalized, intimate events such as the solemnization of marriages have taken place online in the Metaverse. "It would not be unthinkable that, besides....
Since the legislative framework surrounding the Metaverse is quite gray, experts still don’t see the technology being used to settle legal issues. As the global Web3 ecosystem continued to evolve at a staggering pace, so have the various use cases associated with this niche. In a striking new development, a high-ranking Singaporean government minister recently noted that legal marriage proceedings, court case disputes, and government services could one day be conducted using Metaverse platforms.While delivering a keynote address at Singapore’s TechLaw Fest 2022 late last month, the....
NFTs can now serve as court documents but they might also be unregistered securities, illegal loot boxes, or come with impossible tax demands.Nonfungible tokens (NFTs) are thought of by most people as just funny pictures that degens on the internet spend far too much money on for poorly understood reasons. But Jason Corbett, managing partner of global blockchain law firm Silk Legal, says new and innovative use cases are beginning to emerge.Weve seen recently the courts allowing the serving of court documents by way of an NFT, Corbett says, referring to a recent decision by a United Kingdom....
The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend Rights Related to Cryptocurrencies Constitutional justice, as far as protection of human rights is concerned, will be increasingly influenced by the emergence of a new generation of rights, Valery Zorkin, chairman of the Constitutional Court of Russia has acknowledged.....
The world of finance already seems to evolve at a slow pace, yet some countries manage to come up new ideas that make the situation even worse than before. Recently the Belgian Court of Cassation has decided to let the Department of Finance use any evidence in court, even if it has been obtained through “dubious” activities. When governmental bodies and departments start blurring the lines between what is morally correct, and what is an outright breach of privacy, things take a turn for the worse. The main issue most people have with the ruling by the Belgian Court of Cassation is how it....