Community Lending

An interesting development where web technologies meet real societal needs is the rapidly growing phenomenon ofcommunity lendingMicrocredit has been around for longer as a concept to empower poor people and communities by letting them help themselves by creating social systems to provide small loans. These systems help create the trust, do the administration, etc. With the web, however, new socio-technical dimensions are added to the idea. For example, small loans can become global instead of just local in scope, much more background information on debtors can be provided, risks can be reduced by automatically distributing a loan over many lenders and so on.

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1st Second Life International Conference 2007

Everybody interested in Second Life should attend the 1st Second Life International Conference 2007: Best Practices in Teaching, Learning, and Research. Lack of money or travel time are no excuse, since the event will, of course, be held completely in-world. There will be all day events, keynote speakers, and even free bags of goodies from the best SL content creators. So, sign up, and see you on Friday!