“‘The relay has run away’ is an old saying”… Blockchain based ‘system project’ GYEDOM

“‘The relay has run away’ is an old saying”… Blockchain based ‘system project’ GYEDOM

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[Blockchain Today, reporter Jeong Seung-won] A Korean-American American who lost a lot of money after investing in a group meeting has developed a block chain platform that reduces risk and is becoming a hot topic.

TINA CANNON, the representative of First Option, the multinational development agency, went to a step-by-step meeting at the recommendation of an acquaintance before, and was scammed because the relay hid. At the meeting for investment, they suffered huge losses, not profits. Accordingly, he created a multinational blockchain company and developed the GYEDOM platform with the will to “create an unbroken step-by-step meeting”.

The beginning of Gye (契) developed 2000 years ago in the Samhan period on the Korean peninsula, especially in Byeonhan. Nine tribes lived in Byeonhan, and the chief of the tribe was called Gan. The chapters of the nine tribes were called “9”, and it was called Gye (契) when they gathered together to discuss issues of common or consultation with each other.

The system with such a historical background still prevails among peer groups in various places to this day, and is the most traditional, sustainable, and universal form of cooperation in Korea.

Gye (契) is a regional cooperative organization of people with common interests. Gye (契) means’to gather together’, meaning that several people gather together to do something together, and anything that forms a group can be called a step meeting.

In the system, there is an autonomous function based on group nature and a dietary function to achieve the purpose of the meeting. However, in modern society, the meaning of gye (契) is slightly different. The purpose itself deviates from the simple pattern of the past and shows various aspects.

For example, in the case of middle and high school students, they set a certain amount for a day or a week and save it, and then gather once a month to eat food, while women around the age of 25 usually practice’marriage’ with their friends. In some cases, it is also a’bonus system’ in the case of male workers. In other words, today’s world is not only organized regardless of age or sex, but there are so many different types that it is impossible to define a certain type.

Therefore, it can be seen that the aspect of promoting friendship in various ways is emphasized rather than achieving a special purpose and raising the necessary funds as in the past through gye (契).

GYEDOM, which has activated the community function so that it can play a characteristic game in various fields, promotes the growth of virtual assets based on a blockchain, and has the potential to provide more effective solutions in four main areas. Have.

Providing a new and innovative way to verify the user’s identity, creating a shared and reliable credit record, and allowing the sharing and maintenance of sensitive data in a more secure way, will make the flow of capital to and from users cheaper and faster.

It is the closest model to which the fourth fintech, DeFi (decentralized finance) can be applied, as well as files such as JPEG, GIF, BMP, PNG, MP3, MP4 .wma, real estate such as buildings, and antique artworks in small units. When DeFi and NFT are activated, participants (members) participate jointly as a small-scale virtual asset by using a community block that can be divided into NFT (Non Fungible Token: Non-Fungible Token) form. By (investment), the increase (revenue) of the asset value will be shared.

TINA CANNON, CEO of First Option, said, “The goal is to develop the GYEDOM platform to provide a new paradigm for Korean traditional culture, that is, K culture, and to spread it to the world, such as the United States.”

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