Enterprise Together with KSC
Sovereign Wallet Co., Ltd.
Sweden
Company Overview
Enterprise Blockchain Platform(MetaMUI) for issuing Central Bank Digital Currency(CBDC), Cross-Border Remittances and Cross-Border Payment
Sectors
- Blockchain, Fintech
Project Summary
- Hybrid Blockchain for Central Bank Digital Currency(CBDC), Digital Stock Exchange, Asset tokenizationm, Self-Sovereign Identity(SSID) and NFTs
Business Model
- Revenue model Blockchain Platform Iicensing and platform usage fees, digital asset sales and transaction fees
- Key Customer Central Banks, Commercial Banks, Financial Institutions and government offices(SSID Customer)
Major Performance
-
Sales
- 2019-$140,000
- 2020-$100,000
- 2021-$65,500
- (Sales are expected to increase in the second half of the year due to completion of CBDC contracts)
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Investment
- $2,500,000
- TCC INS, Angel
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Employees
- $2,500,000
- TCC INS, Angel
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Patent
- 9 domestic patent registrations,
- 1 domestic patent decision,
- 2 overseas patent registrations,
- 3 overseas patent applications,
- 2 overseas trademark registrations,
- 5 domestic trademark registrations
Overseas Expansion
Stage
Building an global ecosystem and planning for overseas expansion
Status
Completing CBDC Agreement(1 case) and Preparing Pilot Program, Advanced talks with Four Central Banks, and other Commercial Bank
Performance
The establishment of overseas corporation(Uzbekistan)2021, "7th Korea Outstanding Company Award"- Awarded 'Best Technology Award' in 'Blockchain Platform' category Partnership- OMFIF, Digital Euro Association, Nordic Blockchain Association, USC Viterbi School of Engineering(Research Partner), Aloqabank(Uzbekistan State Bank, MOU)
Short-term goals in three years
- 1. Wholesale CBDC 10 cases, Retail CBDC 16 cases, Cross-border CBDC 2 cases and Digital Stock Exchange 3 cases completed
- 2. Establish more overseas branches
Products / Services
1
2
- Target Country
- Sweden
- Date of Establishment
- May 19, 2014
-
- phantom@sovereignwallet.network phantom@sovereignwallet.network
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- Website
- sovereignwallet.network sovereignwallet.network
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- Location
- 661, Gyeongin-ro, Guro-gu, Seoul, Republic of Korea #609, Pinpoint Tower
-
- CEO
- Phantom Seokgu Yun
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- Founder’s Background
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- Sovereign Wallet Co., Ltd. / CEO(2014~ )
- Teruten Inc. / CEO(2000~2014)
- Samsung AIT(1994~1999)
- University of Southern California, Computer Science(MM)(1992~1994)