You can now get a mortgage on your address in cyberspace in the same way that
you can take out a mortgage on your bricks-and-mortar address. The Industrial
Bank of Korea is offering loans to businesses of up to $26 000. “I could
see many circumstance where this wouldn’t work,” says Robert Porter of Harbottle
and Lewis, a firm of lawyers specialising in the Internet. He says the value of
the site depends on the company’s success, so in hard times the security will be
useless.
More from New ÒÁÈ˾þÃ
Explore the latest news, articles and features
Popular articles
Trending New ÒÁÈ˾þà articles
1
How healthy is your brain? We now know how to find out
2
Salt batteries are about to shake up EVs and grid storage
3
The 4 best science-fiction shows of 2026 so far
4
Does time come from the entire universe running computations?
5
The strange metals forcing us to rethink how electricity really works
6
The allergy culprit histamine also boosts our memory
7
Secrets of the Superagers
8
Seeding clouds with seawater could prevent a super El Niño
9
The physicist trying to solve the gravity question
10
Orangutan mothers seem to plan playdates for their offspring
