Dunamu CEO Outlines Blockchain and Digital Finance Opportunities at APEC CEO Summit

On October 29, Oh Kyung-seok, CEO of Dunamu, captured global attention with a keynote speech on blockchain technology and digital finance at the CEO Summit, held alongside the Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting. His address emphasized the transformative potential of these technologies in reshaping financial systems and unlocking opportunities for collaboration across borders.

The Future of Digital Finance: Blockchain Revolution and Cross-Border Collaboration

Speaking on the theme of "The Future of Currency and Global Financial Markets," Oh described how blockchain and stablecoins are still in their early stages but possess enormous growth potential. “This blockchain revolution provides both South Korea and Dunamu with the chance to collaborate on establishing a new global financial order,” he stated, highlighting the pivotal role innovation plays in financial evolution.

The Core Principle of Blockchain Technology: Decentralized Trust

According to Oh, the defining characteristic of blockchain is its ability to foster decentralized trust. He explained, “Blockchain eliminates reliance on centralized institutions by verifying transactions among participants within its network. This ensures data integrity and gives individuals true ownership over the information they generate." By offering tamper-proof data records, blockchain provides unmatched transparency and security, driving widespread adoption in industries including finance, healthcare, and supply chain management.

Stablecoins: Bridging Blockchain and Traditional Financial Systems

Oh delved into stablecoins as critical connectors between blockchain-powered platforms and traditional financial systems. “Stablecoins are evolving beyond payment mechanisms to become central drivers of financial infrastructure transformation,” he said. Notably, with the global market capitalization of stablecoins reaching approximately $300 billion (around 430 trillion Korean won), their impact is extending into key areas such as payments, lending, asset management, and capital markets, all rooted in the principles of Web3 technology.

Oh noted the dominant role of exchange-backed stablecoins in the current market, underscoring how exchanges pave the way for innovation in digital finance. This symbiotic relationship between stablecoins and traditional finance highlights blockchain’s ability to revolutionize established systems.

Dunamu’s Contributions to Blockchain Innovation

In discussing Dunamu's pivotal role within the blockchain landscape, Oh unveiled several ongoing initiatives aimed at fostering growth across the ecosystem, including:

• Kiwoachain: A comprehensive blockchain infrastructure platform designed to drive scalability and integration.
• Kiwoawallet: A secure and user-friendly digital asset wallet enhancing accessibility to blockchain-based finance.
• VerifyVASPs: A global Travel Rule compliance solution ensuring seamless compliance with anti-money laundering regulations.
• Upbit Custody: A tailored custodial service to meet institutional demands for digital asset management.

These projects underscore Dunamu's active contribution to creating innovative, secure, and scalable blockchain tools for both individuals and institutions.

Designing a Trust-Driven Financial Ecosystem for the Future

Oh concluded with a bold vision for financial innovation underpinned by blockchain’s trust-driven framework: “We are designing trust, not just the concept of money,” he analogized. This approach aligns with Dunamu’s ambition to pioneer a new financial ecosystem based on reliability and transparency, setting the stage for digital finance transformation from Korea to Asia and beyond.

Dunamu’s focus on trust-based solutions positions it as a global leader in financial technology innovation, mirroring broader shifts in the financial industry. Oh’s keynote encapsulated the promise of blockchain and stablecoins, calling for global cooperation to seize opportunities in the ever-evolving digital finance era.