Since the launch of the new government, discussions on won-based stablecoins s have become active again in South Korea. A stablecoin is a digital asset designed to be linked 1:1 with fiat currency or specific assets, and a won-based stablecoin refers to a virtual asset that accurately and stably maintains the value of the won fiat currency. Currently, dollar-based stablecoins account for an overwhelming 99% of the total issuance in the global stablecoin market, and their use is rapidly expanding beyond simple transaction mediation to value storage, remittance, and payment.
As stablecoins are establishing themselves as an important digital financial infrastructure worldwide, InBlock’s swift steps are attracting attention. Having already successfully established its own metacoin ecosystem, InBlock has proactively disclosed a technology infrastructure roadmap for private-led won-based stablecoin issuance in line with the significant change of the enforcement of the Basic Digital Asset Act.
InBlock officials emphasized that while other companies or institutions are still in the planning stage for introducing stablecoins, InBlock had already solidly built a structure that could actually operate stablecoins even before the stablecoin issue was fully raised. InBlock’s confidence comes from their unique technology and infrastructure. Based on their own mainnet, Metacoin Protocol, InBlock has already completed a secure and extensive blockchain ecosystem by combining it with the powerful security engine ‘Dokkaebiwon’ based on IBM LinuxONE. This is a modular blockchain infrastructure configuration model that encompasses issuance, custody, regulatory response, and real asset linkage.
InBlock has also commercialized references for each infrastructure layer, such as a hardware-based key protection structure that meets the security requirements of the financial sector, a KYC/AML linked wallet (MetaWallet), an NFT/RWA distribution platform (Hotdeal.io), and a DeFi integration module (MeFi.io).
IBM LinuxONE’s mainframe-level hardware stability and top-level security add trust to the digital asset sector. In particular, the metacoin ecosystem built by InBlock is differentiated from the level of technology infrastructure of other organizations, and has the strength of being able to flexibly meet not only security and scalability, but also related laws and regulations that will become stricter in the future. IBM LinuxONE’s HPVS (Hyper Protect Virtual Server) environment serves as a powerful shield that thoroughly blocks not only external hacking but also internal threats, proving that the metacoin ecosystem is the optimal environment for stablecoin operation.
As the possibility of stablecoins becoming an important axis of the financial system in Korean society is emerging, InBlock is ready to lead the change with its already prepared technology and infrastructure. InBlock’s stablecoin infrastructure roadmap is expected to be an important milestone that will make the future of the digital asset market safer and more reliable.