“IBCT passed the first screening for the ‘KISIA 2024 First Half Korea Information Security Product Innovation Award.’

LEDGIS
LEDGIS_Official
Published in
2 min readJun 24, 2024

Hello, this is the LEDGIS Team.

INFIRIUM, developed by IBCT, a blockchain development company and specialist in DID-based data platform services, has passed the first screening for the ‘2024 First Half Korea Information Security Product Innovation Award.’

The Korea Innovation Information Security Products, hosted by the Ministry of Science and ICT and organized by the Korea Information Security Industry Association (KISIA) and Electronic Times, aims to discover and award innovative information security products based on new and converged technologies. Established in 2022, this award promotes the development of new technologies by domestic information security companies and supports their publicity efforts”

INFIRIUM, developed by IBCT, is a SaaS(Software as a Service) platform that enables user identity authentication and credential verification based on blockchain and Decentralized Identity (DID) through API integration without the need for additional blockchain infrastructure. The platform also allows for the storage, management, and sharing of various data and electronic documents using DID.

It also provides an environment where individuals can control their data, enabling data integrity verification and the allocation of secure areas for personal data. It also supports the ability for users to securely store their data in a personal data storage space within a DID-based cloud (Decentralized Data Hub, or DIDH) by encrypting it. This allows data to be shared with a data requester’s storage area (DB server) upon user approval. The DIDH technology enables the separate storage of identifiable and non-identifiable information and includes a personal key backup and recovery system, effectively addressing cybersecurity threats such as personal data breaches and sensitive information hacking.

In addition, a dashboard feature is provided that allows users to monitor the blockchain system, node status, operational status of various services, statistical information, and the status of interconnected systems at a glance.

Meanwhile, KISIA and Electronic Times will announce finalists and conduct judging to award the Minister of Science and ICT Award to the top 4 products in the information and physical security categories. Additionally, they will select a winner for the Rapid Verification Products category.

2024 First Half Korea Innovation Information Security Product First Round Document Review Passed Product List

[News link]

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