KT Corp prepares Shinhan Bank for life in the metaverse

Excitement about the industry’s most recent buzzword is spreading rapidly to the financial sector.
KT Corp on Tuesday struck a wide-ranging digital services deal with Shinhan Bank, one that covers everything from AI and blockchain to converged telecom and financial services. To cement their relationship, the Korean telco has agreed to pay KRW437.5 billion (£269 million) for a 2.08 percent stake in Shinhan’s parent, Shinhan Financial Group.
“We expect to introduce various