Metaverse Reality vs Natural Reality: The Impact of the Type of Reality on Legal Concepts

Authors

Crenguta Leaua
Swiss Institute for Alternative Thinking

Synopsis

Crenguta Leaua focuses on the transformative impact of the metaverse on our understanding of (the legal) reality and its implications for the diverse array of metaverse ‘protagonists’, including creators, avatars, and observers. She highlights the necessity of adapting our legal frameworks to accommodate this complex digital reality, currently still operating under a hybrid of laws rooted in the natural world, but which diverges significantly from its physical counterpart. Crenguta also delves into the multifaceted identities and roles of humans and players (some of which are AI-based) within the metaverse, probing how these dynamics challenge traditional arbitration laws. Furthermore, she examines how the coexistence of the physical world alongside the metaverse, as well as the presence of multiple sub-realities within it, disrupt conventional legal paradigms. This chapter underscores the imperative of embracing and navigating the complexities of the metaverse within our evolving legal landscape and advocates for a nuanced, multidimensional approach to legal thinking.

Author Biography

Crenguta Leaua, Swiss Institute for Alternative Thinking

Professor Crenguta Leaua, Ph.D. habilitatus, teaches comparative international arbitration, business law and communications and new technologies law at the Bucharest University of Economic Studies, Faculty of Law and Faculty of Cybernetics and Informatics in Economics. She is an experienced arbitrator, former vice-president of International Court of Arbitration - ICC Paris, current member of the board of directors of the Silicon Valley Arbitration and Mediation Center (SVAMC). a thought leader in arbitration (WWLegal), a correspondent member of UNIDROIT (Rome) and an expert in technology-related international disputes at UNCITRAL. After having founded Leaua Damcali Deaconu Paunescu LDDP law firm in Bucharest, she is currently integrating her legal expertise in dispute avoidance and resolution at the crossroads between law, economics, psychology and technology, developing the alternative thinking method, as director of The Swiss Institute for Alternative Thinking.

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Published

January 7, 2025

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