China’s Digital Identity System for the Metaverse
China Mobile has proposed a “digital identity system” to regulate the metaverse and maintain order in the digital world. The system is similar to China’s social credit system and aims to collect personal data to aid law enforcement in investigating bad actors. The United Nations’ International Telecommunication Union will vote on the proposal in October. However, experts have criticized the system for its resemblance to the social credit system.
China’s Metaverse Industry Growth
China’s metaverse industry is predicted to grow by 40% in 2023 and is on track for exponential growth. The metaverse industry is currently worth $12.6 billion and is forecasted to reach a valuation of $87.6 billion by 2030.
Metaverse Policing
Hong Kong, INTERPOL, and Dubai’s Ajman Police are among the entities exploring metaverse policing. Hong Kong has launched the CyberDefender Metaverse to tackle metaverse crimes, while INTERPOL has created a metaverse for global law enforcement. Ajman Police became the first police agency to offer services through the metaverse.
Hot Take
China’s proposal for a digital identity system in the metaverse raises concerns about privacy and the potential for abuse. The system’s similarities to the social credit system have sparked criticism from experts. As the metaverse industry continues to grow, it will be crucial to find a balance between regulation and protecting individual rights and privacy.
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