{"id":5792,"date":"2022-12-03T03:18:09","date_gmt":"2022-12-03T03:18:09","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=5792"},"modified":"2025-12-30T08:15:41","modified_gmt":"2025-12-30T08:15:41","slug":"south-korean-shinhan-banks-metaverse-expansion","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/south-korean-shinhan-banks-metaverse-expansion\/","title":{"rendered":"South Korean Shinhan Bank&#8217;s Metaverse Expansion"},"content":{"rendered":"\n<p>South Korea&#8217;s interest in cryptocurrency and metaverse technology is on the rise. In a recent development, a South Korean banking institution, Shinhan Bank, has made its entry into the metaverse with the launch of its own universe called Shinamon.<\/p>\n\n\n\n<p>Shinhan Bank, based in South Korea, has taken a significant step into the realm of metaverse technology. The Shinamon metaverse platform is designed to provide services across various sectors, including finance, health, art, and sports. In June, Shinamon underwent a trial phase, attracting 85,000 visitors.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"384\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/South-Korean-Shinhan-Banks-Metaverse-Expansion-1024x384.jpg\" alt=\"South Korean Shinhan Bank's Metaverse Expansion\" class=\"wp-image-12077\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/South-Korean-Shinhan-Banks-Metaverse-Expansion-1024x384.jpg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/South-Korean-Shinhan-Banks-Metaverse-Expansion-300x113.jpg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/South-Korean-Shinhan-Banks-Metaverse-Expansion-768x288.jpg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/South-Korean-Shinhan-Banks-Metaverse-Expansion-1536x576.jpg 1536w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/South-Korean-Shinhan-Banks-Metaverse-Expansion-150x56.jpg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/01\/South-Korean-Shinhan-Banks-Metaverse-Expansion-scaled.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The metaverse concept is continuously evolving, with numerous companies intensifying their efforts to establish a presence in this burgeoning space.<\/p>\n\n\n\n<p>In a recent update, Shinhan Bank has unveiled a metaverse site to offer both financial and non-financial services, positioning itself as the first bank in the country to provide such a platform.<\/p>\n\n\n\n<p>Additionally, the bank conducted a test of real-time international remittance using a stablecoin. This test involved a transaction to the Standard Bank of South Africa, facilitated by the Hedera Hashgraph blockchain network.<\/p>\n\n\n\n<p>Shinhan Bank is also recognized as one of the early investors in Korea Digital Asset Custody, an industry consortium that provides cryptocurrency custody services.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">You may also like this content<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><\/ul>","protected":false},"excerpt":{"rendered":"<p>South Korea&#8217;s interest in cryptocurrency and metaverse technology is on the rise. In a recent development, a South Korean banking institution, Shinhan Bank, has made its entry into the metaverse with the launch of its own universe called Shinamon. Shinhan Bank, based in South Korea, has taken a significant step into the realm of metaverse &hellip;<\/p>\n","protected":false},"author":1,"featured_media":3750,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[322],"tags":[318],"class_list":["post-5792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse1","tag-metaverse-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/5792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=5792"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/5792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/3750"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=5792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=5792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=5792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}