Dr. Oriol Caudevilla
Metaverse in China
7 March 2023 (Tuesday) | 5 - 6 PM (HKT)
The University of Hong Kong
Professor Douglas W. Arner (Kerry Holdings Professor in Law, The University of Hong Kong) will chair this seminar.
The term Metaverse was coined in Neal Stephenson's 1992 science fiction novel Snow Crash, where humans, as programmable avatars, interact with each other and software agents, in a three-dimensional virtual space that uses the metaphor of the real world.
Today, the Metaverse can be described as a digital reality that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrencies to allow users to interact virtually. Augmented reality overlays visual elements, sound, and other sensory input onto real-world settings to enhance the user experience. Therefore, apart from cryptocurrencies, VR and AR are the other two most important elements in the development of the Metaverse.
What is the current situation of the Metaverse in China? Given that, as I just said, digital assets are normally a very important part of the Metaverse but given the fact that cryptocurrencies are banned in Mainland China, is there a Metaverse in Mainland China and, if so, what does it look like?
Also, what about Hong Kong? Is the Metaverse industry booming in the Special Administrative Region?
The speaker will address these questions plus some general questions such as Open Metaverses vs Closed Metaverses, the Metaverse and DeFi, the Metaverse and privacy.
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About Dr. Oriol Caudevilla
A highly regarded voice on all things crypto and fintech, Oriol Caudevilla is an Honorary Fellow at the University of Hong Kong’s Asian Institute of International Financial Law (AIIFL). He also works as a Board Director and Secretary General at the Global Impact FinTech (GIFT) Forum, and as chairman of the Private Digital Euro Working Group at the Digital Euro Association (D€A), Member of the Board of Advisors at Blockchain for Europe (BC4EU), Research Contributor at the Blockchain Research Institute (BRI), Mentor at R3 (Singapore), Mentor at Cyberport (Hong Kong), Mentor at the Hong Kong Science and Technology Park (HKSTP), FinTech Mentor at F10 Incubator & Accelerator (Singapore), and also FinTech Mentor at Rise by Barclays (London and Mumbai). Furthermore, he has published articles and been cited by international media outlets such as Reuters, Forbes Middle East, the South China Morning Post (SCMP), Outlook India, China Daily, Asian Investor, Forkast News, and Cointelegraph. In addition, for the past year, he has hosted “The Digital Tomorrow” podcast, with over 10k followers on YouTube and whose video views reach an average audience of 1.5k viewers. Oriol is also a well-known international speaker: he was named Asian FinTech Speaker of the Year (2021) by FASTER Community and has participated in over 150 international conferences since 2020, talking about CBDCs, DeFi, the Metaverse, AI and the use of Blockchain in several industries, such as banking in general and also Islamic banking and finance.
About Prof. Douglas Arner
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Douglas W. Arner is the Kerry Holdings Professor in Law, an RGC Senior Fellow, and Associate Dean (Taught Postgraduate) of the Faculty of Law at the University of Hong Kong. At HKU, he co-founded and is the Faculty Director of the LLM Compliance and Regulation, LLM Corporate and Financial Law, LITE (Law, Innovation, Technology and Entrepreneurship), and EAIEL (East Asian International Economic Law and Policy) Programmes. In addition, Douglas is Associate Director of the Standard Chartered Foundation-HKU FinTech Academy, a Senior Visiting Fellow of Melbourne Law School of the University of Melbourne, a non-executive director of NASDAQ and Euronext listed Aptorum Group, an Advisory Board Member of the Centre for Finance, Technology and Entrepreneurship (CFTE), and co-founder and an executive board member of the Asia Pacific Structured Finance Association. He co-founder and former Director of the Faculty’s Asian Institute of International Financial Law. Douglas has served as a consultant with, among others, the World Bank, Asian Development Bank, UN, APEC, Alliance for Financial Inclusion, and European Bank for Reconstruction and Development. He is ranked in the top 10 law authors at SSRN (all time number of downloads of over 180,000) and the 4th most downloaded law authors in the last 12 months.