News

SOOHO.IO Selected for MSIT's Blockchain Initiative!

Aug 19, 2025

Author: Team SOOHO.IO

Hello, we are SOOHO.IO, creating a more connected world with blockchain technology.


Today, I am really happy to deliver some great news. SOOHO.IO has been selected for the '2025 Blockchain Support Project' organized by the Ministry of Science and ICT and the Korea Internet & Security Agency (KISA)!



In this project, SOOHO.IO will carry out the task for a "Blockchain-Based Digital Voucher Platform Infrastructure Development Initiative". In fact, if you look into the digital voucher market, there are quite a few troublesome issues that can arise:

  • 😱 Illegal acquisition: Illegal transactions such as "80% cash conversion of gift certificates"

  • 🤔 Proxy purchase: Fraudulent purchases by a third party rather than the actual user

  • 😤 Settlement delays: Problems where merchants do not receive money on time

  • 😵 Unsettled issuers: Cases where settlements are not made at all…


Because of these problems, local governments or companies issuing gift certificates, consumers using them, and merchants can all experience discomfort in this environment.



Changes Being Made by Sooho.io


So Sooho.io has stepped up! We are creating a platform that can solve all these issues with blockchain technology.



1. Proven Technical Skills

  • Experience in participating in the Bank of Korea's CBDC (Central Bank Digital Currency) project

  • Possession of know-how for building a national-level digital currency system



2. Unique Security Technology

  • Blocking fraudulent transactions with financial-grade security systems

  • Immediate detection of abnormal transactions with real-time monitoring



3. C2CC (Chain-to-Chain Communication) Proprietary Technology

  • Free linking between different blockchains

  • Perfect compatibility with existing gift certificate systems



4. PBM (Purpose Bound Money) Expertise

  • Leader in designated-purpose digital currency technology

  • Smart management of where gift certificates can be used, their validity periods, etc.



The platform being created by Sooho.io will act like a "traffic control officer for the gift certificate world":

  1. Issuing stage: Assigning a unique digital fingerprint to all gift certificates

  2. Distribution stage: Real-time tracking via blockchain (Illegal transactions? Impossible!)

  3. Usage stage: Verification to allow only legitimate users to use

  4. Settlement stage: Automatic settlement through smart contracts (Delays? None!)



What are the expected effects?

  • Local governments/companies: Maximizing policy effects through transparent gift certificate management

  • Merchants: Securing cash liquidity through immediate settlements

  • Consumers: Safe and convenient gift certificate usage experience

  • Society as a whole: Revitalizing the local economy and establishing a healthy trading culture



Sooho.io's Vision

Sooho.io is focusing on creating a "trustworthy digital economic ecosystem" rather than merely developing technology. I believe this project will be an important milestone in that journey.

Is blockchain difficult and complicated? Don’t worry! The platform being created by Sooho.io is designed to be easily used by anyone. Just like using a smartphone, we will strive to allow people of all ages to naturally benefit from blockchain.

In the future, Sooho.io will continue to create a more transparent, fair, and convenient world with blockchain technology. We ask for your interest and support!



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