Madrid, May 26, 2022.- Javier Fernández-Lasquetty, Partner of ELZABURU, participated together with the director of the Valencia office of Elzaburu, Manolo Mínguez and the associate lawyer of this office, Paloma Querol in a conference organized by the Valencia Chamber in which its President, José, also participated Vicente Morata. At this meeting, the legal implications that the metaverse and NFTs may have for companies and consumers were analyzed.
One of the conclusions was that Europe can play an important role in the legal aspect of the metaverse environment. ““Any data economy made within the European framework and for Europeans must respect the principles of consumer protection, data protection and competition law,” stated Fernández-Lasquetty, at the conference held today at Cámara Valencia to analyze the business environment in Metaverse and NFT.
Fernández-Lasquetty recalled the definition of metaverse: persistent and live virtual environments, connected to each other and that simulate a reality and contain experiences. The day highlighted the questions that businesses raise in this environment, from data management problems to ethical dilemmas about the information that new technologies offer about consumers.
