This article explores a new higher education paradigm given the changing environment that will come with the advance of globalisation and the rapid development of the Internet. As economies evolve around a global network and the value of knowledge, societies rely on universities to help shape future education in an emerging knowledge society. As teachers and learners already find that they need to adapt to the presence of the Internet, university managers and administrators will need to adapt their structures, strategies, procedures and programs to deal with the processes of globalization. Based on international research, this article presents a vision, and a paradigm from which higher education might be constructed. The Sloan-C Five Pillars of Quality Online Education and new applications, HyperReality and Croquet are examined as potential platforms to reframe future developments.