During the last PWS session, Nadra Jawaid, Trainee Associate, hosted a discussion on “Whether the Metaverse increases the risk of IP theft vis-à-vis traditional digital platforms?” The conversation explored several key points, such as the role of blockchain technology, smart contracts, and watermarking to verify ownership and in protecting the intellectual property owned by content creators and businesses. The session further explored the responsibility shared between creators, platform providers, and users for preventing IP theft as well as the privacy and data protection challenges in the Metaverse with respect to IP theft. The session concluded with the common understanding that safeguarding digital assets in the Metaverse demands integrating blockchain, smart contracts, and watermarking with clear accountability for creators, platform providers, and users.



