Introducing HoPae's Blockchain Based Login System 'Furo': The Future of Decentralized Identity Certification



HoPae is proud to announce the launch of their revolutionary blockchain based login system 'Furo'. With a mission to bring secure and streamlined digital identity solutions, Furo is poised to disrupt the identity certification market.


The decentralized ID (DID) trend is gaining traction as the next alternative to public certification, with more than 40 million cases of public certification being used in South Korea alone. Private certification services, such as PASS, have seen 10 million downloads before 2020, showcasing the growing demand for blockchain-based systems. The market for blockchain-based identity certification is projected to grow from 10 billion dollars in 2021 to 25 billion dollars in 2025.


Despite the growing demand for blockchain-based solutions in the private sector, there currently exists no dominant player in the market. This presents an opportunity for a seasoned challenger to tackle this market head-on, and HoPae's Furo is poised to do just that. With its simple SDK, anyone can create a login system within just 15 minutes.


The founders of HoPae bring with them a wealth of experience, having already proven their success with their global service, COOV. COOV is a blockchain-based digital document for proof of covid-19 shots, and boasts a daily active user base of 12 million. This seasoned network is sure to provide a significant advantage in driving the growth of Furo.


While details on the competitive landscape, financials, and timelines for profitability are yet to be disclosed, the company's commitment to secure and efficient digital identity solutions is evident.


HoPae's Furo is set to make a big impact in the world of decentralized identity certification, bringing with it a much-needed solution to a growing market. Get ready for the future of secure and streamlined digital identity solutions with HoPae's Furo.


p.s. Hopae has been designated as a recipient of the TIPS grant, effective September 2022, following a recommendation from BonAngels Partners.

*Technology Incubator Program for Startups (TIPS) is an initiative established by the government of South Korea to provide grant support for technology startups.


 

Location: South Korea

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