Product
Introducing Purplace: Purpose-Bound Money for the Stablecoin Era
SOOHO.IO has launched Purplace, introduced as Korea’s first commercial platform-as-a-service for Purpose Bound Money (PBM). It helps enterprises build blockchain-based payment and settlement services through accessible development tools.
Why Purplace matters
A growing market with practical barriers
Financial institutions are exploring stablecoins and digital assets, but technical complexity, compliance requirements, and integration work still make commercialization difficult.
Purplace addresses those barriers by presenting blockchain capabilities through APIs that enterprise developers can use within familiar workflows.
At its core is PBM, a framework introduced by the Monetary Authority of Singapore and explored in the Bank of Korea’s Project Hangang.
PBM: digital money with defined conditions
PBM allows rules to be attached to the use or release of funds. Examples include:
Healthcare rewards that unlock only when you hit your fitness goals
Regional vouchers restricted to local merchants to boost community economies
B2B transactions that settle automatically when contract conditions are met
Why SOOHO.IO is investing in PBM
Technical expertise informed by implementation
SOOHO.IO’s experience includes:
Bank of Korea CBDC work: Applying PBM in the digital voucher project and developing that experience into services for private-sector use.
Industry recognition: Inclusion alongside Uniswap and Aave in Gartner’s coverage of DeFi technology.
Global investment: Backing from Consensys, founded by an Ethereum co-founder, as its first Korean investment.
A technology stack developed through real projects
$3.2T in protected assets
50+ verified enterprise partnerships
Proprietary innovations like CCIP interoperability protocol and Reagent security technology
SOOHO.IO’s enterprise blockchain suite
Purplace sits within a broader suite spanning blockchain infrastructure, development tools, and applications used by customers.
1. Touchstone: blockchain infrastructure
Launched in 2024, Touchstone provides a consortium blockchain environment designed for financial institutions, combining shared transaction visibility with permissioned access and security controls.
2. Purplace: the PBM development platform
Purplace runs on Touchstone and exposes PBM capabilities through APIs, helping developers build applications without implementing the underlying blockchain infrastructure themselves.
Touchstone provides an enterprise infrastructure foundation designed to support financial-sector requirements and high transaction volumes. Application-level compliance still depends on the service and how it is implemented.
3. Applications: the user experience
Donation services, loyalty programs, and voucher applications are examples of the experiences that can be built with Purplace.
Why the architecture matters
SOOHO.IO’s approach is informed by implementation experience, with technology designed to move from testing into customer-facing applications.
We didn't just implement PBM technology in the Bank of Korea's CBDC project—we've built and operated voucher services for actual users through Purplace. Touchstone already meets financial institution requirements and runs production services. That $3.2T in protected assets and 50+ enterprise partnerships? Those aren't projections—they're proven results.
Purplace gives teams a tested development foundation for preparing commercial applications.
Building with Purplace means working within an ecosystem developed through operational experience.
Core capabilities
Policy-based programmable money
PBM issuance and distribution with built-in policies, usage restrictions, and expiration dates
Configurable policies to support AML, KYC, and accounting requirements
Modular settlement engine customizable to your business needs
Conditional settlement and DvP
Settlement can execute when defined transaction conditions are met, reducing uncertainty and automating processes that would otherwise require manual coordination.
Cross-chain connectivity
Integration with Chainlink CCIP supports interoperability across compatible blockchain networks.
Our direction in the stablecoin market
SOOHO.IO brings three complementary strengths:
1. Implementation experience
From Bank of Korea CBDC projects to private enterprise solutions
Proven track record with governments, financial institutions, and major corporations
2. An integrated technology stack
End-to-end solutions from security audits to cross-chain connectivity
Proprietary capabilities including the C2CC protocol and Reagent security technology
3. Global Network
Strategic partnerships with global leaders like ConsenSys and Chainlink
Experience and relationships across Asia-Pacific
Build with SOOHO.IO
Interest in blockchain payments is growing, with major enterprises actively exploring applications.
SOOHO.IO aims to help establish practical standards for PBM-based stablecoin services.
Explore your use case
Getting Started with Purplace
Enterprise consultations
Companies needing automated complex settlement processes
Businesses seeking efficient multi-partner transactions
Organizations building transparent fund management systems
Purplace brings SOOHO.IO’s PBM experience into a development platform for payment, settlement, and purpose-specific funding services.
Work with our team to assess how that infrastructure can support your business.
Explore the possibilities with Purplace.
🟣 Check out Purplace Intro Deck (KO)
👉 Enquire Now
SOOHO.IO Official Channels
Website: https://www.sooho.io/
LinkedIn: https://www.linkedin.com/company/sooho/
