Metaverse Business Collaboration... Hana Bank Partners with The Sandbox

Providing Banking Services and Various Contents on Metaverse Platforms

Kim So-jung, Vice President of the Digital Experience Division at Hana Bank (right), signed a business agreement for collaboration on the global metaverse platform project with The Sandbox at Hana Bank's headquarters in Euljiro, Jung-gu, Seoul, on the 8th, and took a commemorative photo with Sebastien Borget, Chief Operating Officer (COO) and co-founder of The Sandbox. (Photo by Hana Bank)

On the day of the agreement, Kim So-jung, Vice President of the Digital Experience Division at Hana Bank (right in the photo), held the agreement document and took a commemorative photo with Sebastien Borget, Chief Operating Officer (COO) and co-founder of The Sandbox (left in the photo).

[Asia Economy Reporter Minwoo Lee] Hana Bank has partnered with the blockchain-based metaverse (extended virtual world) platform company 'The Sandbox.' They plan to collaborate on overseas metaverse banking services and content provision.

Hana Bank announced on the 11th that it has signed this business agreement with The Sandbox. Accordingly, through this agreement, Hana Bank will open a virtual branch within The Sandbox metaverse platform to provide basic banking transaction services. Additionally, they will jointly discover business models by expanding the virtual economy ecosystem through investments in metaverse participant companies and mutual cooperation.

They will also collaborate in the content sector. In The Sandbox's K-content virtual space 'K-Bus Zone,' Hana Financial Group's content will be introduced to global users.

Kim So-jung, Vice President of Hana Bank's Digital Experience Headquarters, stated, "By participating in the global version of the recently trending Web 3.0 metaverse, we expect to establish a foundation as a digital leading bank and provide convenient and enjoyable financial services to Hana Bank customers, including the MZ (Millennial + Z) generation."

Lee Seung-hee, CEO of The Sandbox Korea, said, "Together with Hana Bank, we will showcase a metaverse banking service that is easier, more convenient, and enjoyable."

This content was produced with the assistance of AI translation services.