Every Secom/TRT14 (Futado, Munich)
published in 6 February 2022 16:42
The Judicial School of the 14th District of the Regional Labour Court (Ejud-14) held a lecture on the Metaverse and cryptocurrencies this Thursday (2/6) as part of the programme of the 21st Labour Justice Judge Rondônia and Acre Conference.
The event was attended by publicist and executive Walter Longo, an expert on innovation and digital transformation, and was joined by the National Judiciary Council Chair Associate Justice to discuss the topic “Metaverse: Where will we work in the future?” (CNJ) , Dorotheo Barbosa Neto, on Federal Judge Alexandre Libonati de Abreu’s “Commitment to Cryptocurrencies in the Labor Court,” and lecture on “Digital Platforms for Justice: Perspectives and Expectations” and Richard Grungo (USA), Law in Metaverse (Law Meta Festival).
The initiative is based on the Metaverse, which, according to Walter Longo, has great potential to spread in the northern regions of the country. “In this far-flung region, the metaverse is more important than the rest of the country,” he said. The speaker also noted that true justice must be fast and social, “and that virtual worlds can take place in both dimensions. Collaborate to make it closer and faster”.
Longo also highlighted that industrial relations are currently in a period of transition and adaptation from in-person to remote work. “These influences and debates about working relationships in virtual worlds will also be reformulated. The metaverse is another step on the ladder of structural change in working relationships,” he said.
Next, Justice Dorotheo Barbosa Neto from the CNJ debated the promise of cryptocurrencies in labor court. “Act No. 743/2022, introduced in March 2022, wants to limit the seizure of cryptocurrencies for which the lawsuit is directed to 40 minimum wage. It must also be remembered that we do not have a law to determine whether to attach crypto in civil proceedings in Brazil currency,” he explained.
Dorotheo Barbosa also explained that while there are no regulations for staking cryptocurrencies, the Labour Law Merger (CLT) has mechanisms that can be used to support the enforcement of staking. “When the CLT deals with seizeable assets, in terms of art. 882, referring to art. According to Article 835 of the Civil Code, which provides for the list of seized assets and other rights, I can say that cryptocurrencies can belong to these other rights,” he elaborated.
The magistrate concluded that the topic still requires further study so that the seizure of cryptocurrencies can be effectively incorporated into labor lawsuits.
Federal Judge Alexandre Libonati de Abreu on “Judicial Digital Platforms: Perspectives and Expectations”. “The main scope of the Brazilian Judiciary Digital Platform (PDPJ-Br) is to encourage the development of cooperation between courts. One of the potentials of the platform is the rationalization of human and financial resources, in addition to allowing the exchange of data and easy access”.
The event at the conference concluded with a presentation by North American attorney Richard Grungo (USA), Law in the metaverse, with its first office in the digital world. Grungo emphasized that in the digital world, anything can be done and created. “We received a lot of criticism last year when we created Office in the Metaverse. Instead, we saw the Metaverse as an opportunity. We have multiple channels to connect with our community and we need to understand that each audience has something they feel is more useful to use comfortable way,” he said.
The laws of the United States have provided legal services and established business relationships in Metaverse. Richard Grungo highlights the limitless possibilities that virtual reality brings to the law. “Several opportunities and spaces for action are created in the metaverse, including for legal practitioners”.
Richard Grungo ended his presentation with an image of his first law firm in a virtual world designed by his 12-year-old daughter. “Metaverse has a range of opportunities to create business,” he concluded.
At the end of the session, Heitor Sica joined the event as a speaker on “Digital Transformation and its Impact on Processes”, Luciane Cardoso on “Artificial Intelligence and Ethics in the Judiciary”, Alexandre Senra, with “Encryption” With the theme of “Currency and Blockchain”, Graziele Cabral will end the lecture cycle with the theme of “Metaverse and Justice: Where are we, where are we going?”.
The lecture will be broadcast live on Ejud’s YouTube channel for the certified public to view.