Metadium

Metadium is a blockchain protocol established in 2018 by founders Jeffrey Joo Han Song, Richard Yun, and Ryan Uhr. The company operates as a decentralized platform for managing digital identity, built on the principle of self-sovereign identity (SSI). This framework empowers individuals to have complete ownership and control over their personal data, deciding what information is shared and with whom. The project has a strategic technology partnership with Coinplug, a company with a substantial portfolio of blockchain-related patents. Justin Park serves as the CEO of Metadium.

The business operates within the blockchain and Web3 industries, focusing on identity, security, and privacy. Its ecosystem is structured in three layers: a public ID blockchain platform, the Meta ID protocol, and a service layer for application development. The platform provides a foundation for securely storing identity data, while the protocol sets the rules for applications to utilize this information. This allows for the creation of various services, from digital passports to identity verification. Metadium serves both individual users and institutions, including companies looking to integrate blockchain technology while maintaining regulatory compliance. The company's technology has been applied in decentralized finance (DeFi), non-fungible tokens (NFTs), secure payment systems, and asset management services, reaching over 10 million users through partnerships with public and private entities.

Metadium's core product is its decentralized identity solution, which gives users a unique "Meta ID" for managing their online and offline identities. The platform distinguishes between a user's real-world identity and their virtual presence. A key feature is the use of Decentralized Identifiers (DIDs), which are globally unique, cryptographically verifiable identifiers that don't require a central authority. This system enhances security and privacy by allowing users to prove ownership of their identity without revealing unnecessary personal information. The native digital asset of the ecosystem is the META token, which is used for accessing network services, paying transaction fees, participating in governance, and as a medium for identity exchange. The platform is designed for high transaction speeds, making it suitable for enterprise use.

Keywords: decentralized identity, self-sovereign identity, blockchain protocol, digital identity management, Meta ID, META token, decentralized identifiers, DID, Web3, Coinplug, identity verification, data privacy, DeFi, NFT, blockchain security, enterprise blockchain, AML compliance, crypto transaction management, public ID blockchain, identity ecosystem