Barriers to Efficient Virtual Business Transactions

Authors

  • ArminasX Saiman

DOI:

https://doi.org/10.4101/jvwr.v2i3.661

Keywords:

second life, economics, business, transactions, standards

Abstract

With the availability of business transaction capability within some virtual worlds, enterprising individuals and teams have established businesses that operate entirely within the realm of virtual reality. These wholly-virtual business operations act much like real-life businesses; they must develop and manufacture products, advertise, sell and fulfill deliveries. A complete lifecycle of business events takes place within the micro-economy of the virtual world. The virtual business owner is presented with a seemingly complete set of tools to perform all actions required by each stage of the business lifecycle, However, over the past several years, virtual business owners have begun to discover limitations and missing elements in these business transaction protocols. This paper will identify the more notable limitations facing today

Author Biography

ArminasX Saiman

ArminasX Saiman is a Second Life avatar who has successfully operated virtual businesses for several years.
Volume 2, Number 3 - Technology, Economy and Standards in Virtual Worlds

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Published

2009-09-18

Issue

Vol. 2 No. 3 (2009): Technology, Economy and Standards

Section

License

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