Barbados To Launch Digital Embassy In The Metaverse

The world as we know it is changing. The metaverse is no longer simply a concept, in fact,&nbspit is rapidly transforming into&nbspa reality. With that being said, Barbados recently&nbsprevealed its plans to build a metaverse embassy, taking a huge step toward legitimizing the metaverse concept in the process. Barbados, therefore,&nbsphopes to build a digital embassy through a partnership with Decentraland . The local&nbspgovernment is currently in the midst of&nbspnegotiating collaborations with many top Metaverse platforms and industry leaders. Although there is a lot more work to be done, many believe that this will go a long way towards bringing the idea of the metaverse and its subsequent implementation into the mainstream. Barbados, if successful, will be the first independent nation in history to have an embassy constructed&nbspin the metaverse.&nbspThe foreign minister of Barbados, Jerome Walcott, stated that Barbados remains optimistic &nbspabout interacting with the rest of the world via the new digital embassy. The plan had also reportedly been in the works for several months &nbspprior to the announcement. The Times Are Changing Hot on the heels of Facebook recently rebranding as &amp39Meta&amp39 , other various constituents of several sectors such as those pertaining to the blockchain, cryptocurrency, NFT, and social media industries had all begun taking the notion of the metaverse much more seriously. Now, with the new plans of constructing a digital embassy being announced by Barbados, few can argue against the fact that we are gradually moving towards a new age, one that will in all likelihood be fully digitalized. However, it is worth pointing out that despite the interest in the metaverse, Barbados&amp39 government has stated that current affairs in the real world are still going to be prioritized above all else. Moreover, there is also the issue of how sovereignty will actually work within the metaverse, and how certain things such as the issuance of visas and passports along with the establishment of international treaties will function in a digital realm. Still, although these problems are certainly going to become more common as time progresses, the government&amp39s willingness to even consider a move that will include active involvement with the metaverse is indeed noteworthy. Not Everyone Is On Board Unsurprisingly, not everyone is supportive &nbspof the aforementioned decision to create the digital embassy. Will Gottsegen from CoinDesk &nbsprecently commented that perhaps not everything should be dependent on blockchain technology and that the idea of a metaverse embassy, while certainly intriguing, is one that may be little more than an empty promise from a politician or official who simply wants to cater to the members of the cryptocurrency and blockchain communities. Elsewhere, others are worried about how the treatment of property rights will occur within the metaverse. Some have even gone as far as to claim that shifting to a digital realm with little to no laws will in all certainty lead to anarchy and chaos. Some are also concerned about the role that NFTs will play in this as well, in addition to Barbados&amp39 government potentially using this opportunity to exploit others &nbspvia land rights and impose digital control while simultaneously bypassing international rules and regulations in the real world. Whatever the case may be, it is clear that before the idea of this digital embassy can be fully actualized, plenty of obstacles and challenges will need to be navigated through first. In related news, Barbados also has plans of opening digital embassies with various other providers such as SuperWorld and Somnium Space . Additionally, as per the latest reports, Barbados plans to tentatively launch the embassy by January 2022.