{"id":1814,"date":"2022-02-18T10:32:00","date_gmt":"2022-02-18T10:32:00","guid":{"rendered":"https:\/\/fazz.com\/sg\/?p=1814"},"modified":"2024-01-12T15:46:43","modified_gmt":"2024-01-12T08:46:43","slug":"fazz-business-speaks-at-iic-forum","status":"publish","type":"post","link":"https:\/\/fazz.com\/newsroom\/business\/fazz-business-speaks-at-iic-forum\/","title":{"rendered":"Fazz Business (formerly Xfers) Speaks at IIC Forum in the Presence of AT&T, Google, Microsoft, Netflix, Verizon & Regulators About Regulating the Metaverse & Digital Assets"},"content":{"rendered":"\n

On 1 December 2021, Bloomberg Intelligence published an article that foresees the metaverse reaching up to US$800 billion<\/a> in revenue opportunity come 2024.<\/p>\n\n\n\n

Other publications like The Conversation<\/a> have also chimed in about this forecast, but they have added something very interesting: the metaverse\u2019s foundation will be based on Web 3.0, and that it will be deeply intertwined with cryptocurrencies and other digital assets like NFTs.<\/p>\n\n\n\n

Fazz Business and the greater Fazz Financial Group are unique amongst the panelists and keynote speakers at the annual Asia Telecommunications and Media Forum, hosted by the International Institute of Communications (IIC).<\/p>\n\n\n\n

How so? Fazz Business (formerly Xfers) is a tech company with longstanding relations and compliance with regulatory bodies. Such a panel consists of tech giants through the likes of AT&T, Google, Microsoft, Netflix, and Verizon, as well as regulators from Australia, Bahrain, India, Indonesia, Liechtenstein, Qatar, Singapore, Taiwan, and Thailand.<\/p>\n\n\n\n

What is the Asia Telecommunications & Media Forum (IIC)?<\/strong><\/h2>\n\n\n\n

Every year, the International Institute of Communications (IIC) hosts the Asia Telecommunications and Media Forum. This year in 2022, the agenda is to build a better digital ecosystem, and how it would translate to the economic and societal progress of the ASEAN region.<\/p>\n\n\n\n

The agenda at the 2022 Asia Telecommunications & Media Forum<\/strong> (IIC)<\/strong><\/h2>\n\n\n\n

2022\u2019s focus revolved around regulating online content, the metaverse, and digital assets. This is alongside the usual drive for digital accessibility. <\/p>\n\n\n\n

Specifically, Fazz Business was invited to speak on \u201cThe metaverse and digital assets – what are the implications of the melding of real and virtual worlds for regulatory oversight?\u201d panel.<\/p>\n\n\n\n

Fazz Business\u2019 Co-Founder and Chief Legal Officer, Samson Leo<\/a>, had the honour to speak about this topic with:<\/p>\n\n\n\n