'Blockchain Platform and Security PIN Authentication' Commercialization Countdown Begins

Goyang-si Collaborates with Small Giants Supported by Government Projects

[Asia Economy Reporter La Young-cheol] Goyang City in Gyeonggi Province, in collaboration with the Goyang Knowledge Information Industry Promotion Agency, has developed a blockchain service platform, a smart contract editor, and a browser security PIN (Personal Identification Number) authentication service through a government-supported project.

On the 15th, Goyang City announced, "The commercialized blockchain service platform has completed quality testing at an accredited certification authority and received GS (Good Software) Certification Grade 1, making it eligible for registration with the Public Procurement Service."

SoftJeguk Co., Ltd., which participated in the project, was founded in Goyang City in 2018 and within about three years was selected as a supplier company for the K-Non-face-to-face Voucher Project led by the Ministry of SMEs and Startups as a promising small and medium software company.

Last year, the company also gained recognition for its technological capabilities by registering four domestic patents, filing two applications, and submitting one overseas PCT application.

This year, the company plans to advance the blockchain service platform and browser security PIN authentication service and apply them to various institutions.

In particular, with the abolition of the public certification system following the revision of the Electronic Signature Act last year, demand for the alternative authentication method, the browser security PIN authentication service, is expected to increase significantly.

The browser security PIN authentication solution, 'SWPIN,' will be supplied at an affordable price to small and medium enterprises struggling due to the COVID-19 crisis.

The project’s lead organization, the Goyang Knowledge Information Industry Promotion Agency, plans to provide the blockchain platform free of charge for one year to ICT startups and small and medium enterprises in Goyang City after the project concludes.

The city intends to continuously support the cultivation of promising companies to drive the software industry and help latecomers establish themselves.

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