Metadium
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Metadium

What’s Next: Planning the future

Greetings from Metadium Team,

Last week we shared a report on our development for the first part of 2019. In this post we want to share with you our plans for the future including partnerships, product development and a new communication strategy.

BUSINESS DEVELOPMENT

BUSINESS MODEL

For the past thirteen months, Metadium team focused its energy and attention in the development of core technology and infrastructure products. As we reach milestones around these, the team is shifting gears and moving onto a consumer-centric business model development, which includes, but not limited to, consumer-facing company cooperation and consumer serving self-owned & operated (O&O) services.

Metadium moved from the general approach of a mainnet project (onboarding dApps) to a more specialized business model focusing on identity access management for B2B/B2B2C: DIDaaS (Decentralized Identity as a Service)

We aim to achieve a global expansion and we’ve been partnering with industry leaders to lead business development and service operations in different regions around the globe. You can see more details about our global partners in our ecosystem section:

BUSINESS ECOSYSTEM

Based on our industry analysis and business development efforts, the following sectors are selected to form the Metadium Identity Ecosystem:

Coinplug

Coinplug is a global leader in blockchain patents with 262 patent applications and 98 granted patents up to September 2019. The company focuses on DID, authentication, payment, tokenization and asset management. In 2019 alone, it has obtained six government-backed projects including applications for Korea Postal Services, SKT mobile, the Korea Internet Services Agency (KISA), Korea Southern Power Plant (KOSPO), and Busan City Blockchain De-regulatory Zone.

Coinplug, as our regional business development partner, is continuing its effort to bring blockchain to real world applications using solutions provided by Metadium. Through Coinplug, we are working to develop solutions for the following companies: FHL Game, Galaxia Comms (MONEY TREE), KOSPO, Busan City, Korea Post, Korea Internet & Security Agency (KISA), and Institute of Information & Communications Technology Planning & Evaluation (IITP)

Cryptic Labs

Top US-based blockchain advisory and research institute that works to solve security, privacy, and decentralized and distributed trust challenges.

Quarkchain

A multilayer, permissionless blockchain designed to enable peer-to-peer transactions. Currently has more than 70 projects in its eco-family, including Data & Information System, Industrial Services, Financial Services, DApps & Platforms, Entertainment & Gaming

Bitkub

One of the first cryptocurrency exchange platforms to receive the license to legally operate in Thailand.

Unity Technologies

Creator of the world’s most widely used real-time 3D (RT3D) development platform.Unity Asset Store is a Software Development Kit (SDK) marketplace for 1.3 million monthly clients ranging from individuals developers to large scale publishers such as Electronic Arts (EA) and Niantic.

GameXCoin

Also known as GX, is a platform that allows gamers to create their in-game currency and trade it for any other game’s currency without censorship or friction.

PICTION NETWORK

Network that creates a peer-to-peer digital content ecosystem. This project aims to bring the ownership of the creations back to the artist and allows them to decide on the monetization models.

D.STREET

Blockchain-focused media that shares only the most relevant news from the Korean blockchain ecosystem.

Publish Protocol

Using blockchain technology, we aim to restore readership and secure financial sustainability for publishers. By retaining yet enhancing the triangle relationship between publishers, readers and advertisers using blockchain technology, PUBLISHprotocol effectively remedies the failing world of journalism and struggling core participants within traditional digital newspaper business.

Xangle

Aiming to be a “source of truth” for crypto assets, Xangle is a public data disclosure platform that provides reliable and comprehensive information to allow the valuation of projects.

MenaPay

MenaPay provides blockchain-based payment service in Turkey, Middle East and North Africa. Menapay service area includes 18 countries with 441 million people where 84% of the population is unbanked.

Twinning Inc.

Twinning Inc. provides GU-ID cards which authenticates card holders based on combination of biometric information and IC Chip information. By adding tamper-proof nature of blockchain technology, Twinning provides secure payment and authentication service.

XYO

A network of devices that anonymously collect and validate geospatial data that can be used in multiple areas like e-commerce, medical, insurance, security, airlines and more. According to XYO, the services of tomorrow, like self-driving vehicles and package-delivering drones will not be possible unless the biggest shortcoming of location data is solved: trust.

Marketboro

Marketboro transforms traditional food distribution system with blockchain technology. Marketboro streamlines food distribution process; therefore decreases operation cost while increasing competitiveness for small and mid-size food distributors.

R Project

This initiative wants to create financial inclusion for stateless Rohingya around the world via a blockchain platform that can be accessed with a downloadable digital wallet.

Decentralized ID Foundation

An engineering-driven organization focused on developing the foundational elements necessary to establish an open ecosystem for decentralized identity and ensure interoperability between all participants.

W3C

The World Wide Web Consortium (W3C) is the main international standards organization for the World Wide Web. As of 29 May 2019, the W3C has 444 members and engages in education and outreach, develops software and serves as an open forum for discussion about the Web.

PRODUCT DEVELOPMENT

October, 2019 — Keepin v 1.3

Keepin v 1.3 is scheduled to be released by the end of September, and it will have a major update on one of the crucial features for Metadium DID system, which is ‘Identity Hub’. In addition, you’ll be able to access certain services and use your Meta ID.

October, 2019 — Metadium IAM Unity SDK V 1.0

As previously mentioned, we have been developing Metadium Identity Access Management (IAM) SDK for game developers in partnership with Unity Technologies.

The Metadium team has been working on the alpha version of the Unity SDK for more than five months. It provides user information and rights management along with user authentication and two-factor authentication based on meta identity.

For a successful service launch, we met with industry experts from various game companies and analyzed various blockchain SDKs. After receiving multiple feedback the Metadium team decided to roll out the Alpha Edition on Metadium’s website to share it with the community and launch the Metadium SDK on Asset Store next year to provide comprehensive DIDaaS services.

OUR COMMUNITY

Changes in Metadium Community’s Communication

To deliver all the updates and announcements in a timely manner, our team has analysed the community’s feedback and decided to add some aspects to the communication management:

  • Live AMA: You can submit your questions any time you want and we will answer you once a month in Live AMA. Details about the time of the monthly AMA will be announced a week before via SNS channels.

*Please note that some questions might be subject to NDAs and can’t be answered during AMA sessions.This includes but is not limited to listings, partnerships, agreements, etc.

  • Newsletters: Project progress and changes will be shared monthly and and the direction of the project’s larger framework will be shared through quarterly posts.
  • Social media: As usual we will post company announcements in our social media channels (FB, Twitter, Instagram, Telegram)

We will analyze the results of this new policy and make changes if necessary. Please note that we operate in the Korean Standard Time Zone, so the communication will proceed during the working hours from 9:00AM to 6:00PM from Monday to Friday.

Before we say goodbye, we’d like to thank our amazing community for the continuous support we’ve been receiving. We started with a challenging goal and you are the ones who kept us going. Thank you and continue to #OwnYourIdentity.

Sincerely,

Team Metadium

Follow us on Medium, Facebook, Twitter and join our Telegram Group to receive the latest updates. Download our Keepin application on the App Store and Google Play.

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Metadium

Metadium

Metadium powers identification, authentication and crypto transaction management, providing AML compliance and risk management solutions.