InstaCoin

Use Cases

On and off the screen: Buy anywhere. Get anywhere.

InstaPay is the world's first mobile payment company that commercialized its patents on QR and Barcode in 2007.

O2O COMMERCE

InstaPay removes the barriers of time and space in shopping, paying, and delivery. By using blockchain, it prevents fraudulent transactions and protects personal information in O2O Commerce.

MBPP

You can charge via mobile without intermediaries and pay with InstaCoin. It takes care of your regular payment or recurring bills for O2O Commerce, memberships, subscriptions, and many more.

GAME ITEM TRADE

You can own game items as InstaCoin’s Digital Asset. InstaCoin provides the most convenient and secure experience in not only purchasing at a virtual store within game but also trade between users.

WORLDWIDE eTRADE

Building a decentralized eTrade Marketplace based on blockchain that connects the market of 120 countries enables reduction of intermediaries costs and fees, fraud prevention, and blockchain delivery. InstaPay will build and sustain multilateral payment system and Crypto-economy eco system through Multi-eTrade Marketplace.

Team

Jaekwang Bae

CEO & Founder

Jaekwang Bae has been one of the leaders in internet governance and innovative venture ecosystem. He was a director/audit at NCsoft and Hancom and the general counsel at Naver throughout its foundation and IPO. He was also an advisor at several payment companies such as Inicis, Danal, and Mobilians. He was the head of the Korea Mall Association and the co-chairperson of the e-Korea committee, which supervises the Korean government's internet policy. As a leader in the area, Bae has made many contributions to establishing Korea’s innovation ecosystem, such as developing listing rules and regulations for establishment of the KOSDAQ market. He has been the president of Korea Fintech Research Institute since 2014. He also founded with Korea National Assembly and is the president at Korea Blockchain, Cryptocurrency, and Innovation Committee, where he is currently legislating Framework Act on Blockchain, cryptocurrency and ICO regulations, etc. He earned his bachelor’s from Seoul National University School of Law and passed the 38th Bar Exam.

Kyoungsoo Kim

CPO

Kyoungsoo Kim has over 18 years of experience as a web and mobile service business developer and UI/UX specialist. He joined InstaPay after 10 years of career at SK Communications. Formerly, he co-founded a multimedia education startup with his master's program advisor and created the first functional game as a content creator and product manager. He earned M.D. in Cognitive Science at Seoul National University.

Kwangyeon Won

CCO

Kwang Yeon Won oversees digital contents and media platform. He specializes in development of synthetical contents by coordinating analytical approach and qualitative knowledge. He is the founder of Wikidok, which provides wiki platform service. Previously, Won worked for NCsoft and Naver’s search management support team and knowledge encyclopedia team. He earned Bachelor’s degree in journalism and Master’s degree in political science at Seoul National University.

Changgon Kim

CTO

With over 20 years’ experience in internet business, Changgon Kim is a full stack application engineer and manager. Having founded and managed over 10 start-ups, he has extensive knowledge and experience in wide-ranging technological fields, including web development, multimedia, mobile payment, etc. He earned his degree in mechanical engineering at KAIST.

Sangyeop Kim

Chief Blockchain Architect

Sangyeop Kim specializes in InfoSec and Architecture. In the past years, he worked for financial companies including KEB Hana Bank. He contributed to the development of Crypto-Market and led architecture and implementation of InstaPay’s server, including integration of Payment-gateway with KFTC. He majored in Computer Science at Pusan National University.

Jooyeon Kim

App Developer

Jooyeon Kim works on development of secure and convenient mobile service. With over 6 years experience in mobile app development and software engineering, She engaged in projects across video streaming, payment, game, and education services at Gom & Company and other venture companies. She majored in Information-Communication Technology at Soongsil University and completed the AR course at Hancom Mds.

Keunhye Lee

Director of Marketing and Communication

Keunhye Lee has 15 years’ experience in advertising and marketing communication. After graduation, Lee joined Daehong Communications, an advertising marketing agency, as an ad creator. Lee participated in many big campaigns in IMC dimension, with specialization in advertising and promotion. Lee majored in industrial design and business administration at Seoul National University.

Jiho Kim

Blockchain Architect

Jiho Kim is a top-class, first-generation game developer in Korea. While he was attending KAIST in the early 90’s, he and his team developed and launched KIT MUD, the first MUD game in Korea, and The Land of Dangun, the world’s first MOG game that quickly became an international hit. He will lead the development and architecture of InstaCoin’s game platform blockchain. He earned his bachelor’s in Computer Science from KAIST.

Taejoo Park

Lead Developer

For many years, Taejoo Park has led middleware development at venture enterprises. Having developed InstaPay’s primary patent technology, he will lead the integration of InstaPay with Blockchain. He earned his bachelor’s and master’s degrees in Computer Science from KAIST. He is temporarily working part-time due to completion of his doctoral course.

Jake Jung

Blockchain Architect

With doctorate degree in Quant, Jung specializes in Blockchain, cryptocurrency, and Quant. He is currently in Singapore cooperating with a for-profit corporation to investigate and analyze the current blockchain ecosystem and seek ways to develop public blockchain. He earned his bachelor’s and master’s in Computer Science at Seoul National University.

Yizhen Lin

Global Strategy Manager

Yizhen hails from Qingdao, China and earned her bachelor degree in Political Science from Fudan University, Shanghai, China. With her fluency in Mandarin, English, and Korean, she previously supported marketing research of a number of small- and medium-sized companies in Korea and China. With her research and communication skills, Lin specializes in analyzing consumer behaviors and market segments combining quantitative and qualitative data. Yizhen is currently a M.A. candidate at Seoul National University. She is thrilled to join the company and support the team’s remarkable vision of virtual currency.

Advisory

Platform Advisory

Game Platform

InstaCoin Platform application will build coin ecosystem that embodies a new value sharing system. Behind its scene, there will be about twenty specialists including several top-class developers: lead developer of The Land of Dangun, the first MUD Game,(Jiho Kim, KAIST), lead developer at Andromeda Game(Yangmin Seo, Computer Science at Seoul National Univ.), lead developer at Dragon lab and former CTO at Netmarble(Sungjoon Yoo, Computer Science at KAIST), lead developer of Kaiser and CEO of Pathfinder 8(Hyeonseung Seo, Computer Science at SNU), developer of Lineage and CEO of XL Games(Jaekyoung Song, Computer Science at SNU), CEO and developer of INK Ent. and former NHN developers(Byungsul Im and Jongyun Kim), and more.

O2O Commerce Platform

Blockchain will change the market of business transactions. The new form of transactions without intermediaries emerges and fraudulent transactions can be prevented. Online bookstore(Aladin, Yes24, etc.), Cafe24(Jaesuk Lee), Whois(Cheongjong Lee), online multilateral e-Trade marketplace(ecPlaza, Inkyu Park), and Offline Korea Federation of Micro Enterprise(Seung Jae Choi) will join the building of the coin ecosystem of the entire O2O Commerce Platform.

Media Platform

Platform application ecosystem to be developed around media such as online media, YouTube, MCN, TV, etc. Coin ecosystem will expand into media and advertisements created by WeeklyDaily(Sejun Kang), ZDnet Korea, Bloter.net, and blockchain.

Donation Platform

Global donation platform application ecosystem will be built with NPO IT Support Center LTD.(Founder Jadeok Koo) of which about 1000 non-profit corporations are members and The Policy Academy of National Assembly(Founder Jungwoo Shim) that was founded by 140 National Assembly members.

Technical & strategic Advisory

Kyehyung Lee

Strategic Advisory

College community Blockchain and payment enterprise advisory
Vice president and chair professor at Dankook University
Director of Bureau of Startups at Ministry of SMEs and Startups
Seoul National University

Hyuncheol Kim

Technical Advisory

Professor at Sangmyung University
Developer of Big Data & Blockchain, Scam ICO Detector
Ph.D., Computer Science, KAIST

Chulhwan Kim

Technical Advisory

Policy director at Korea Blockchain Industry Promotion Association
Blockchain specialist most extensively involved in blockchain market prospects
previously founded and developed a successful startup called Gigalink
B.E., Electrical Engineering, Seoul National Univ.

Doohyung Lee

Strategy Advisory

Legal and institutional advisory for InstaCoin ecosystem development
Specialist in financial policy
Former chairman of Securities & Futures Commision of The Credit Finance Association
Seoul National University

Kwangheon Park

Strategy Advisory

Former director at Korea Financial Telecommunications and Clearings Institute
ACH specialist and the architect of the current KFTC system; Korea University

Tommy Ryoo

Technical Advisory

Blockchain Business Specialist; Started career at Hyundai Electronics SW lab; consecutively served as Global Business Director at FXGear Inc., a global leading AR/VR technology corporation for eight years; Successfully served at various startups of IT Business. Bachelor of engineering at Seoul National University.

MEDIA

MTN(Money Today) TV 2018.07.20.

National Assembly TV 2016.09

MBC TV 2016.09

"We need the revision of Credit Financial Business Act and Electronic Financial Business Law for successful Regional Pay," the Democratic Party-sponsored forum points out merchants' obligations as obstacles

SeoulPay may not bring innovation, stuck in the loop of conventions

‘Blockchain Regional Currency’ discussions that inundated local elections are still at the early stages

InstaPay, "Regional Pay should be a Blockchain-based platform"

'Instacoin, the payment platform to replace credit card'. The early pioneer of IT Industry from NCSoft, Naver, to Gamevil, Jaekwang Bae presents Reverse ICO

InstaPay builds the 'Instacoin Blockchain Platform'

[Jaekwang Bae Column] Application of Capital Market Act on ICO

Yeouido Academy Director Jaekwang Bae discusses 'Virtual currency and ICO Manual' from legal standpoint: "ICO's held abroad may still be applied Korean Capital Market Act"

FinTech Takes the Shopping Delivery War to the New Round

Fintech company InstaPay showcased its demo that will bring ‘innovation in shopping ecosystem through mobile payment and New Escrow service.’ It presented new O2O mobile payment platform that can innovate shopping ecosystem with integrated payment and delivery in online and offline shopping...
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Demo of GIRO Fees Payment Using Fintech Technology Was Hosted at National Assembly

Korea Fintech Research Institute seminar ‘Fintec Steals Innovation’ was held at the National Assembly Member’s Office Bldg. on 16th. Fintech startup InstaPay presented its technology...
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InstaPay wins Citi Mobile Challenge preliminary round in Korea

InstaPay will have the opportunity to showcase its product in front of a global audience...
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NongHyup Accelerates Digital Financial Platform Strategy

NongHyup explained that following the release of NH Fintech Open Platform, fintech companies will be able to provide financial services directly and create new fintech service integrated with finance...
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