It's Sunday, July 23rd, 2023, and this is Markets Daily from CoinDesk.

George Kluid is here again with your weekend story.

On today's show, we're keeping with yesterday's theme and taking a look at privacy, this time

through the lens of the metaverse. And just a reminder,

Kondesk is a news source and does not provide investment advice. Today's story is an excerpt from

Elizabeth M. Renieris's new book, Beyond Data, titled, Is the Metaverse a global prognopticon?

Without question, new and advanced technologies such as motion detection and effect recognition technologies and XR, extended reality, and other metaversal technologies, among others,

raise significant privacy-related concerns.

Each new category of technology penetrates a layer

deeper into our personal space, threatening to erode the boundaries of our inner lives and

inner selves. Moreover, the rendering and datification of these activities into digital information

raises traditional and novel data protection concerns, despite the

inadequacies of existing laws that pertain to personal data and frequently require the

identifiability of individuals.

And whereas conventional legal frameworks typically regard privacy as an individualistic concern,

new and emerging technologies increasingly have the implications

for individuals, groups, and society as a whole too. Extended reality technologies are a clear

example of the simultaneously personal and collective nature of these privacy concerns.

In order to fuse virtual and physical or real-world components together,

XR technologies typically involve the collection and use of biometric identifiers and measurements,

real-time location tracking, and always-on audio and video recording technologies that create

detailed, live maps and models of spaces or places, and record ambient sounds. From the perspective of an

...