PayGate

PayGate, “Seyfert Blockchain Wallet.” PayGate (Soyeong Park, CEO) announced on 27th for their hardware-based authentication system, “Seyfert Blockchain Wallet.” “Seyfert Blockchain Wallet” is an authentication system featuring efficient suspension from hacking and complete restoration of lost account. Especially, it is the first one to support EOS, Ethereum (ETH), Bit Coin (BTC) simultaneously through Multisig Hardware Wallet. “We have registered the patent of account restoration system based on Multisig and featuring with efficient authentication in Blockchain. We have been working on international patents since the beginning of our business, and there is a steady grow up for acquiring new patents and trademark rights years by years,” said by Lee Byung Don, a technical adviser of PayGate. <  View Articles  >

PayGate, P2P Investors Forum Rounded Off PayGate (Soyeong Park, CEO) held the forum on the 19th in Seoul Jamsil Lotte World Tower (31st Floor, Auditorium Convention Room) and invited P2P investors to discuss about the issues and directions for an overall P2P development. There were about 80 people participated in the forum including experts, investors, and users of Seyfert platform. △Professor. Moon Jong-jin, Myongji University, △Mr. Lim Myung-soo, chairman of Korea P2P Financial Investment Association, △Mr. Im Dae-woo, US attorney, △Mr. Shin Dong Wook, Accountant, △Mr. Lee Byung-don, CEO of Technical Advisory “The ultimate responsibility for investing in P2P financial products goes to the investors themselves. Therefore, it’s important to check and investigate the products through various solutions,” said Moon Jong-jin, a Professor at Myongji University, specialized in Financial Supervisory Service. Besides, he mentioned “It’s necessary to investigate the debtors such a...

PayGate, “KYC Account Authentication” based on Blockchain Technics  PayGate, electronic payment (PG) service provider, announced on 12th that it will launch the service that authenticates identities of users through their accounts, which is called as “KYC Account Authentication.” The service allows the payment to be transferred only when Sender and Receiver are recognized as consistency, which is one of the alternatives to complete certification if Public Electronic Certificate expires. For KYC Account Authentication, the system will open Penny test by sending a small amount (1 KRW WON) to the merchant and authenticate via internal control to make sure its intention. PayGate announced that the service is no longer accessible to only few appointed persons but the company itself as well. Besides, the result of KYC authentication will be recorded on Blockchain, which supports as an evidence if any discrepancy exists in trading partners. The...