On the sidelines of the biannual OECD Digital Policy Committee Meeting in Paris, Business at OECD (BIAC) and The USCIB Foundation’s metaverse project team hosted a successful report preview event on April 5. OECD delegates and secretariat, as well as various companies, including USCIB members, attended the preview event. Following the event, BIAC and The USCIB Foundation will launch the report in Washington, DC and organize a webinar with relevant experts to present findings in the report.
The roundtable featured remarks from Business at OECD Deputy Executive Director Nicole Primmer, a presentation of the project and preview of the project report findings from Paula Bruening (Casentino Strategies), and comments from the OECD Secretariat, including OECD Global Forum on Technology Lead Elizabeth Thomas Raynaud and OECD Economist/Policy Analyst on Privacy and Data Governance Christian Reimsbach- Kounatze.
According to USCIB Program and Policy Associate on Digital Issues, Nan Schechter, who attended the event, companies are actively exploring the possibilities of the metaverse, as well as trying to understand the novel privacy risks it may raise and how those risks might be addressed.
“BIAC and The USCIB Foundation undertook this project to explore the privacy issues raised by the metaverse and to develop business-oriented evidence regarding the of the OECD Privacy Guidelines’ applicability in this emerging environment, keeping in mind their two-part objective of protecting privacy and fostering cross border data flows,” said Schechter. “USCIB is thrilled at the exciting potential and relevance of the report as it emphasizes multistakeholder privacy solutions and the increasing importance to data governance in the metaverse.”