Metavers: “Notaries will be the neutral guarantors of compliance and security”

12:01 p.m., May 21, 2022

The notariat is a concrete world, very much rooted in reality. Why is he leaning on the metaverse, this virtual universe?​
Because we cannot ignore such a phenomenon! We should rather speak of “multiverse”, because there are several metaverses, just like the world which is made up of countries with various regulations, architectures, customs. But we have in common that we are all human beings. I consider that it is transposable to virtual universes. There will be different metaverses, some focused on recreation, others for example on the virtual experimentation of a second life. In my opinion, three major issues prevail for proper functioning: first, the regulation of the centralization of powers through “compliance”, in other words by what consists in establishing the basic rules, the state of mind that governs to commitment. Then, a regulation that comes from within, from all the players, from the players to the States via legal experts, such as notaries. Finally, the interaction between the real world and the virtual world. Today, we are still on a model of layer, of copy. But let’s imagine that a childless couple in the real world has one in the metaverse. If they separate, what about custody, knowing that the virtual world continues despite these hazards? It is these human interactions that interest me, and which go beyond heritage. This is the question asked in the movies Ready Player One and Herwhen Joaquin Phoenix falls in love with a female voice created from scratch by artificial intelligence.

Read also – What place for law in the metaverse?

​How, in the future, will notaries be able to contribute to the regulation of this new universe?​
We are major players in security in the real world, so we can be stakeholders in the virtual world, even if the metaverse is a horizontal power, so without state intervention. Our expertise will be useful: if I sell a property in the metaverse, just like in real life, my buyer will want legal certainty. It will therefore be necessary to regulate, and to call on specialists to legally ensure these transactions. Notaries will be the neutral guarantors of compliance and security, perhaps not for all metavers, but at least for those who aspire to tranquility, secure transactions and relationships. It is because we will have invested this land that we will be able to be a source of proposals and be solicited by the metaversians. You have to position yourself as an expert in this new world.

Read also – Metavers: “I fear the consequences of the centralization of power”

Do you believe in the metaverse?​
Yes ! I think it’s fabulous. The younger generations are growing up behind screens. Take the example of Instagram and its filters, which make us more beautiful than in the real world. When I can live this fully, I will go for it! I’m ready to accept a somewhat duller life in the real world as long as the virtual world brings me what I want, what I dream of. And, icing on the cake: if I don’t like myself anymore, if I have too many constraints… I can start from scratch with a new avatar!

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Metavers: “Notaries will be the neutral guarantors of compliance and security”

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