BOSAGORA Partnership With IBK Investment & Securities
The BOSAGORA platform is a decentralized self-evolving cryptocurrency that is built on Trust
Contracts and an embedded decision-making system called the Congress Network. Trust Contracts
are securely executable contracts based on a protocol layer.
Going back to the partnership announcement, IBK Investment & Securities participated in the MetaCity Forum, which launched on 31st May. BOSAGORA, serving as the permanent representative of the MetaCity Forum, signed an agreement for a business partnership with IBK Investment & Securities on 22nd June.
IBK Investment & Securities is one of eight subsidiaries of the state-run Industrial Bank of Korea (IBK). It is a leading domestic financial investment company aiming to create new customer value, including differentiated asset management, advanced financial instruments, and structured financial support for small and medium-sized enterprises.
By participating in the MetaCity Forum, IBK Investment & Securities will open a Meta branch in ‘MetaCity’, a blockchain-based Metaverse, to provide various financial investment services such as investment in the real economy and support for participating companies.
IBK & BOSAGORA Main Agreements
- Providing securities investment services in MetaCity
- Support for small and medium-sized enterprises and venture companies related to MetaCity Forum
- Support for other matters requiring close cooperation
As a result, the MetaCity Forum comprises five companies: BOSAGORA, Aiitone, Uracle, BRI, and IBK Investment & Securities, and has a further strengthened infrastructure.
IBK Industrial Bank of Korea, the parent company of IBK Investment & Securities, promotes projects to support sustainable power plants and ESG management for SMEs with limited human and material resources by preparing preemptive support measures to respond to ESG management.
By participating in the MetaCity Forum, IBK will provide support for ESG management of small and medium-sized enterprises in the real economy and support digital ESG management combined with blockchain and Metaverse, laying the foundation for implementing the structure of process and compensation in the city.
BOSAGORA is currently discussing in-depth discussions on ways to expand and revitalize the MetaCity ecosystem with various companies, organizations and institutions. Accordingly, BOSAGORA plans to do its best to select the most relevant institutions and organizations for the purpose and direction of the MetaCity Forum and to establish cooperation.
ABOUT BOSAGORA
BOSAGORA platform is a decentralized self-evolving cryptocurrency that is built on Trust
Contracts and an embedded decision-making system called the Congress Network.
RESOURCES
Medium
