Committee TOR's
Detailed Situation Analysis
To have a detailed situation analysis, study, research, policy interventions
and will give future roadmap & actions to be taken for adoption of Web 3.0 in Punjab
Propose Action Items
To propose action items to launch Metaverse, AR/VR based projects & will
suggest related enabling provisions on legal, financial and technical aspects taking into
considerations of its applications like virtual currencies, NFTs & other emerging concepts in
the domain.
Study the Global Best Practices
To Study the global best practices being adopted by different countries on
the subject including but not limited to UK, USA, India, China etc.
Implementation R&D Regime
To suggest to implementation R&D regime in the context.
Study All Aspects
To study all aspects of crypto-currencies, virtual currencies, NFTs &
Metaverse pertaining to its pros & cons, legal, operational & taxation issues, implications,
adoption in reference to trading, mining, legal provisions and all other related issues.
Engage with all Major Global Virtual Currency Stakeholders
To engage with all major global virtual currency stakeholders to establish
their R&D Centers, innovation labs in Punjab, Pakistan
Recommendations and Specific actions
To give its recommendations and will propose specific actions to be taken by
the government in this regard.
Virtual Office Space
To propose viable options to secure virtual office space for PITB or any
other public sector entity in Metaverse, and will propose its legal, transactional and
operational model.
Committee Members