On the Metaverse, Web3 and Prospering in the Digital Transformation

Published under the title, 'Dan Ciuriak: Intangible Intellectual Property and Data - The Most Important Assets of the New Economy,' Commentary, in Chinese Views of Non-traditional Security 13(1), December. Saint Pierre Center for International Security (SPCIS), Guangzhou.

5 Pages Posted: 30 Mar 2022

See all articles by Dan Ciuriak

Dan Ciuriak

Ciuriak Consulting Inc.; Centre for International Governance Innovation (CIGI); C.D. Howe Institute; Asia Pacific Foundation of Canada; BKP Development Research & Consulting GmbH

Date Written: December 21, 2021

Abstract

Signs of the acceleration of the pace of technological change are everywhere, including the signals of profound new transformations of society and the economy coming from the currency of terms such as the 'metaverse” and “Web3'. While the reality (or perhaps better the virtual reality) of these concepts has yet to snap into sharp definition, the digital transformation continues apace and indeed at an accelerated pace driven by the economic exigencies generated by the COVID-19 pandemic. In this note, I comment on the implications of these technological changes for the conditions of competition facing countries worldwide, in particular developing countries, and the prospects for broad-based prosperity – and how to measure it.

Keywords: Metaverse, Web3, digital transformation, economic development, data-driven economy, artificial intelligence

JEL Classification: O33

Suggested Citation

Ciuriak, Dan, On the Metaverse, Web3 and Prospering in the Digital Transformation (December 21, 2021). Published under the title, 'Dan Ciuriak: Intangible Intellectual Property and Data - The Most Important Assets of the New Economy,' Commentary, in Chinese Views of Non-traditional Security 13(1), December. Saint Pierre Center for International Security (SPCIS), Guangzhou., Available at SSRN: https://ssrn.com/abstract=3991217

Dan Ciuriak (Contact Author)

Ciuriak Consulting Inc. ( email )

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Ottawa, Ontario K1N 6H9
Canada

Centre for International Governance Innovation (CIGI) ( email )

57 Erb Street West
Waterloo, Ontario N2L 6C2
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C.D. Howe Institute ( email )

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Toronto, Ontario M5E 1J8
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Asia Pacific Foundation of Canada ( email )

Canada

HOME PAGE: http://ciuriakconsulting.com/

BKP Development Research & Consulting GmbH ( email )

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München, 80639
Germany

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