LAS VEGAS, January 6, 2025 /PRNewswire/ — Leadpoint System, a global leader in blockchain, has been named an Innovation Awards winner in the Fintech category at CES 2025, demonstrating the revolutionary potential of its next-generation blockchain technologies.
At the heart of Leadpoint System’s achievements is Funet v2.0, a blockchain mainnet platform powered by the world’s first random, non-competitive consensus algorithm. This technology maximizes energy efficiency and security, enabling uninterrupted block creation without forks, surpassing the limitations of traditional blockchain models.
Redefining blockchain with a randomized, non-competitive consensus algorithm
Funet’s unique consensus algorithm addresses the challenges of Proof of Work (PoW) and Proof of Stake (PoS) models by implementing a random node selection process that ensures fairness and true decentralization. This approach eliminates cross-node collusion and unnecessary energy consumption, delivering unmatched performance with up to 15,000 transactions per second (TPS) and a block generation speed of 16 blocks per second.
The Funet mainnet is purpose-built for Security Token Offerings (STOs), Central Bank Digital Currencies (CBDCs), and NFTs, providing seamless integration via RestAPI for issuance, distribution, and validation. Additionally, its advanced DID (Decentralized (Identity) and de-identification technologies improve data privacy and confidence in data management.
A game changer for Fintech: connecting digital and physical assets
Funet v2.0 provides a DID-based mainnet and extends its capabilities beyond finance to government administration, utilities, and various physical asset sectors, such as real estate, art, music, intellectual property, etc. Together with Korea Securities Custodian, Leadpoint System successfully completed a blockchain-based STO pilot program, setting a new benchmark for the issuance and management of digital assets.
Additionally, Funet provides transparent transaction tracking, enabling asset managers to avoid errors and incorrect payouts while ensuring operational efficiency.
Blockchain Mainnet Successful Use Cases: Key Public Sector Achievements in South Korea
Leadpoint System has proven the excellence of its Funet mainnet through various public projects in South Korea. By managing more than 1.5 billion annual medical, asset and childcare data records from the Ministry of Health and Welfare on a blockchain-based platform, Funet helps avoid duplicate payments while generating over 10 million blocks each year.
Additionally, Funet’s blockchain technology has been implemented in a wide range of public initiatives, including the Department of Justice’s Electronic Notarization System Improvement Project and its regulatory sandbox designation in terms of ICT. The platform also powers Incheon Eco-Platform’s integrated membership service for environmental initiatives, the blockchain core network construction project for Incheon Technopark, as well as the operation and maintenance of the Seoul Citizen Card.
These successful deployments highlight Funet’s robustness and scalability as a core network solution, establishing its innovation leadership in South Korea blockchain industry.
Global recognition: awards, patents and certifications
Leadpoint System demonstrated its excellence with a BBB rating in the simulated technical evaluation for a list of special technologies conducted by Korea Rating & Data. The company holds 9 core patents on blockchain technology and has received many accolades, including the 2023 Ministerial Blockchain Innovation Product Award. In addition, Funet’s achievement of good premium softwaree (GS) The certification underlines its stability and reliability. With the CES 2025 Fintech Innovation Award, Funet has further consolidated its position as a global leader in blockchain innovation, solidifying Leadpoint System’s reputation as a pioneering force in the industry.
Eunju BaekCEO of Leadpoint System, expressed his gratitude, saying: “Being recognized at CES for our Funet mainnet technology is an incredible honor. This step validates the potential of our innovations to transform the global blockchain and Web3 ecosystems. We are committed to leading the industry. evolution through advanced blockchain solutions and services.
About the Leadpoint system
Founded in 2008, Leadpoint System combines over a decade of IT expertise with cutting-edge blockchain and AI technologies. Since 2017, the company has positioned itself as a leader in blockchain innovation, providing the highest quality solutions for the financial, utility and manufacturing sectors.
Leadpoint System’s achievements include premium Blockchain platform software certification, CES 2025 Fintech Innovation Award, and TI-1 assessment from NICE Technology Credit Bureau. Through its innovative blockchain and AI solutions, the company continues to deliver exceptional results in various industries across the world.
Media inquiries
BaWool Lim
Leadpoint System, Inc.
(email protected)
SOURCE Reference Point System
