Thai Businesses: Navigating the Metaverse Guide

The metaverse is experiencing rapid growth within Southeast Asia, presenting not only opportunities but also substantial concerns regarding cybersecurity and equitable access to this avant-garde domain.
 
However, engagement with the metaverse extends beyond merely embracing a new technological trend. It is imperative for Thai enterprises to develop a sophisticated understanding of digital assets and related legal frameworks—considering non-fungible tokens (NFTs) as property, akin to practices observed in the United Kingdom and Singapore, for instance. Given Thailand’s broad interpretation of property rights, delineating digital entitlements presents a complex challenge.
 
As we embark upon this novel venture, it is vital for local businesses to demonstrate adaptability, creativity, and preparedness in addressing issues such as technological disparity and legislative voids concerning cybersecurity. Venturing into uncharted domains may appear daunting; however, for those who approach these challenges with determination and foresight, the metaverse offers boundless potential. So, let’s delve into the context of the metaverse and business in Thailand.


Source: The Thaiger