Based on a strategic collaboration with global IT company IBM, InBlock (CEO Sangwoo Chae) is opening up new possibilities in the digital asset market by issuing a cryptocurrency ‘Metacoin’ based on Hyperledger Fabric. Recently, as the latest version of Hyperledger Fabric, the Linux Foundation’s main private blockchain technology led by IBM, supports token issuance and exchange functions, InBlock’s ‘Metacoin’ is attracting attention as a case of leading commercialization of the technology.
‘Metacoin’ is the first cryptocurrency developed based on Hyperledger Fabric, and it has great technical significance in that it applied the most widely used technology among private blockchain platforms. IBM also highly evaluated InBlock’s innovative security technology, and made the unusual decision to assign InBlock to a presentation session at the ‘IBM THINK 2019’ event. This is evaluated as a case that well demonstrates the achievements made through InBlock’s
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