Infraware-Medium Sign MOU for Blockchain Security Integration with Polaris Office

[Asia Economy Reporter Jang Hyowon] Global office software specialist Infraware and blockchain specialist Medium announced on the 19th that they have signed a Memorandum of Understanding (MOU) to establish a new business model through blockchain-based document authenticity technology and integration with ‘Polaris Office’.

Through this business partnership, the two companies plan to build a technology and partnership cooperation system and secure competitiveness through a platform collaboration model.

The platform collaboration model extracts unique information from documents through Medium’s blockchain technology platform ‘MDL’ and then verifies the unique information of the document in ‘Polaris Office.’ Blockchain technology enables verification of the document’s authenticity and guarantees the reliability and integrity of the document. With the recent increase in non-face-to-face work, it is expected to improve work processes and efficiency by allowing verification of document authenticity without unnecessary face-to-face interactions.

Infraware’s Polaris Office is a domestic office software with high compatibility for all document formats including MS Word, Excel, PowerPoint, as well as Hancom HWP, Adobe PDF, and the open document format ODF. It allows editing multiple document formats within a single program, earning high praise from many companies in the office software market for work efficiency and price competitiveness.

Established in 2018, Medium is a blockchain technology development company that independently possesses software and hardware acceleration technologies required for developing high-performance blockchain core systems.

To commercialize blockchain in the global enterprise sector, Medium analyzed the causes of performance limitations in existing blockchain platforms and succeeded in optimizing Hyperledger Fabric, the most popular enterprise blockchain core. They developed the rack-mount type acceleration server MDL by combining it with their self-developed blockchain-dedicated processing unit MBPU (Medium Blockchain Processing Unit).

An Infraware official stated, “There is a growing demand for verifying document authenticity in financial institutions, public institutions that require management of administrative documents such as various reports and permits, and medical institutions issuing diagnosis and prescriptions, where data integrity and document security need to be strengthened.” He added, “We expect that the integration of the two companies’ technologies will be applicable across various industrial fields.”

Meanwhile, Infraware joined the IA Group as a subsidiary after its largest shareholder changed to IA Networks in March.

This content was produced with the assistance of AI translation services.