On July 16, Seoullabs (CEO Do‑hee Jang) announced that it participated in the “Jeonbuk Fintech Collaboration Model Expert Seminar,” held on July 11 at the Jeonbuk Research Institute, where it proposed a customized blockchain-based fintech strategy aligned with the fintech hub development policy of Jeonbuk Special Self-Governing Province.
Organized by the Jeonbuk Research Institute and attended by officials from the Financial & Social Economy Division of Jeonbuk Special Self-Governing Province, the seminar served as a forum to discuss policy–industry collaboration models aimed at building a fintech ecosystem and advancing regional digitalization.
At the event, Seoullabs presented its Jeonbuk-specific fintech model anchored by:
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A KRW stablecoin issuance service running on a high-performance public blockchain,
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A private-chain–based regional currency solution optimized for local government policies,
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An integrated identity and payment platform dubbed SuperWallet.
This approach was praised as a tangible roadmap for realizing a regionally driven digital finance infrastructure, rather than merely proposing technological solutions.
Seoullabs explained its two-track system, operating the stablecoin and regional currency on separate chains:
The KRW stablecoin operates on a public blockchain capable of 4,000 TPS and supports national distribution, while the regional currency runs on a private chain tailored to the policy goals and business districts of each municipality—allowing flexible regulation of outlets, discounts, and incentives.
Additionally, Seoullabs proposed the SuperWallet, a DID-based platform enabling foreign tourists, residents, and public institutions to use a single digital wallet for both payments and identity verification. The platform is designed with technical flexibility for future integration with CBDCs and multi-chain digital asset ecosystems.
At the seminar, Seoullabs also offered industry perspectives on Jeonbuk’s fintech promotion policy, referencing successful fintech hubs such as Busan, Incheon, Dubai, and Silicon Valley. The company emphasized the importance of establishing Jeonbuk as a fintech community town with integrated living and working infrastructure—a practical recommendation beyond conventional financial district models.
CEO Do‑hee Jang commented, “This seminar wasn’t just about exchanging technologies—it marked the starting point of meaningful dialogue connecting Jeonbuk’s policy direction with industry practices. Seoullabs will actively support Jeonbuk as a technical partner to help realize its independent digital economy strategy.”
Source: ZDNet Korea
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