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The Metaverse: A New Universe for Business-Tom Utum Jr

Like every other technological innovation, the Metaverse is poised to disrupting the way businesses interact and do business. The term Metaverse is used to describe the concept of a future version of the internet where physical environments are shared and fused into 3D virtual spaces into a perceived physical-digital universe. Simply put, in the metaverse, physical activities such as business transactions, music shows, clubbing, schooling activities, real-time romance and much more are enabled using virtual or extended realities which provides a seemingly real-time experience.

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June 2020 Edition

At The People’s Accolade Law Magazine (The PALM), we find pleasure in keeping you up to speed with developing trends in the society. In this edition, we bring to you our June Deluxe Edition with a focus on Tax Administration and Practice in Africa and it features Kenyan’s Tax Topliner, Emma Kithinji.

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Notable Provisions in Nigeria’s New Rules on Issuance, Offering Platforms, And Custody of Digital Assets by John O. Oladipo

The Security and Exchange Commission of Nigeria (“the Commission”) established a Fintech Roadmap Committee (“Committee”) in November 2018 to explore the impact of financial technology on investments and securities in Nigeria and to properly classify and regulate cryptocurrencies and virtual assets. The Committee recommended cryptocurrencies be classed as securities or commodities, among other recommendations. Consequent to the Committee’s recommendations, the Commission started creating a framework for a virtual currency in Nigeria, and the released Statement is the first step toward cryptocurrency regulations

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The Metaverse: A New Universe for Business-Tom Utum Jr

Like every other technological innovation, the Metaverse is poised to disrupting the way businesses interact and do business. The term Metaverse is used to describe the concept of a future version of the internet where physical environments are shared and fused into 3D virtual spaces into a perceived physical-digital universe. Simply put, in the metaverse, physical activities such as business transactions, music shows, clubbing, schooling activities, real-time romance and much more are enabled using virtual or extended realities which provides a seemingly real-time experience.

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