Jang Hyun-guk, CEO of Wemade, "Will Solve Social Issues with 'WePublic'"
Jang Hyun-guk, CEO of Wemade, presented a vision to fundamentally solve many social problems caused by opacity and information asymmetry through the transparent social platform 'WePublic' based on blockchain technology.
On the 26th, CEO Jang sent an email titled 'Growth and Study' to all employees. He stated that it is an already determined future that the activities of each organization in society will be transparently disclosed and fairly operated through blockchain technology, and although he does not know how long it will take, he will strive until it succeeds to make the world innovatively better.
CEO Jang also emphasized the importance of learning. He said that the growth of each employee will eventually lead to the growth of the company, and gifted all executives and employees the book ‘Token Securities’. Token securities are tokens representing real-world assets such as real estate, artworks, stocks, and bonds.
The author of this book, former KB Kookmin Bank President Lee Geon-ho, published this book with the intention of correctly understanding the process of institutionalizing token securities in Korea, the expectations or concerns following its full implementation, and overseas cases, aiming to properly highlight the significance of token securities.
Meanwhile, Wemade unveiled the new platform ‘WePublic’ based on the WEMIX 3.0 mainnet on the same day.
WePublic is a ‘transparent society platform’. It was developed using blockchain technology that makes forgery impossible and all content transparently disclosed. All members can transparently understand activities related to their affiliated organizations and participate in democratic and fair decision-making.
WePublic can be used in all fields and various groups, large and small, such as political parties, religious facilities, and non-profit organizations. Starting with organizations managing various sponsorship funds, it plans to grow into an open platform that anyone who wants can use.
Users can directly create or participate in DAOs (Decentralized Autonomous Organizations) on WePublic. WePublic provides transparency and reliability in DAO operations through four proof protocols: ▲Identity Proof ▲Qualification Proof ▲Result Proof ▲Balance Proof.
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The ‘Identity Proof Protocol’ safely protects personal information using decentralized identity authentication technology (DID). The ‘Qualification Proof Protocol’ supports effective group management by utilizing NFT (Non-Fungible Token) ID SBT (Soul Bound Token). The ‘Result Proof Protocol’ transparently records all agenda processing on the blockchain. The ‘Balance Proof Protocol’ enhances transparency by disclosing all fund statuses and deposit/withdrawal details.
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