XO Korea/business server/introduction

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XO Korea expects about 100,000 business servers will be distributed in Korea in 5 years from now (June, 2007). The main purpose of those servers is to provide various IT resources necessary to establish a new business framework; One server represents one independent business. So, there will be more than 100,000 new corporations in 5 years.

Those corporations (so called, XO Corporations) have some peculiar features different from current ordinary companies;

  • They are open source based: standard business workflows are being written by open source communities, and they will be managed openly, transparently, and on XO.
  • Half the ownership (shares) of each company is owned by XO Foundations. The revenue or income of those XO Foundations shall be expensed openly and transparently to ;
    1. Promote open source development
    2. Establish and maintain public facilities of XO Communities of XO Cities
  • They are all IT companies regardless of industrial classification it belongs in UNSPSC; all XO like corporations
  • Energy efficient and Eco-friendly ones: they always participate in Climate Savers' activities.
  • They form One Corporation: XO Business Group
  • Their shares are traded in XO Exchange 24hrs/365days via XO Network.

Under Open Enterprise Architecture, XO Korea is now establishing a framework in which the standard workflow of each business can be set.

Below is the list of business sub-categories belong to the title category.

When the location and other requirements are met, then link to page for any server below will be made. Those server pages will contain information about the follow functions or data;

  1. company constitution
  2. sever location
  3. corporation ID
  4. standard workflow written in Python (YAWL like)
  5. employees
  6. expected initional public offering
  7. board of directors
  8. some financial statements (starting balance sheet)
  9. financial plan
  10. expected income statements for 5 years
  11. related laws