Monday, June 16, 2008

Web 2.0 Changing Banking Habits

http://www.koreatimes.co.kr/www/news/tech/2008/06/133_21856.html

Sukgu's Comment - It's interesting but foreseeable change. As technology advances such as web 2.0, the barrier between virtual space and real life can be dirupted. As I mentioned in my previous comment about second life, this kind of technology will contribute to boost corporation's sales through virtual space. However, as the article indicates. we have to be capable of managing the risk arising from the new process of transaction using new technology.

Lending or borrowing money from your pals on Facebook or Cyworld could become a reality soon, thanks to the integration of online banking and social-networking platforms. Traditional banks are aiming to attract young customers by taking advantage of so-called Web 2.0 services, such as blogs, virtual communities such as Second Life and social-networking sites such as Facebook.

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