On August 18, 2025, at the "Virtual-Real Integration · Digital-Real Symbiosis: 5M Consensus Protocol Global Launch Conference" held in Seoul, the Chairman of the Korean Crypto Committee, Shin Shin, former President of Seoul National University, Sung Yeo-in, and representatives from the government, academia, and the blockchain industry gathered to discuss the future of the digital economy and innovative finance.
As the initiator of the 5M protocol, the Speaker of the National Assembly of Korea, Kim Donggeon, systematically elaborated on the origins and significance of 5M at the conference, pointing out that the essence of 5M is not to create new concepts but to address the biggest pain points that digital finance has long struggled to overcome—trust and security.
5M: From Dilemma to Innovation
The development speed of digital finance is astonishing, but two core issues remain unresolved:
- Asset security is difficult to guarantee—users are concerned about the opaque flow of funds and high participation risks;
- Insufficient investment trust—projects have short lifecycles and lack institutional guarantees.
Speaker Kim Donggeon has deeply realized through long-term research and practice:
"If participants cannot feel secure, digital finance cannot truly become widespread."
Based on this reflection, the 5M protocol gradually took shape. It is not a business plan of a specific company but a system design aimed at rebuilding the trust foundation of digital finance through institutional guarantees and a technological base.
Security Knights: JuTrust and JuChain's Security Shield
In exploring how to ensure fund security, Speaker Kim Donggeon engaged with and introduced the insurance mechanism of JuTrust. JuTrust ensures that every investment has a tangible safety barrier by using the method of "30% of funds entering the insurance pool + 70% of computing power as a safety net." This mechanism not only provides better protection for participants' assets but also offers institutional backing for the entire ecosystem.
At the same time, JuChain, as the underlying public chain, provides a transparent, efficient, and verifiable operating environment for the 5M protocol, ensuring that the system can truly be implemented and avoid inefficiency. It is the combination of institution and technology that forms the core pillar of 5M.
Consensus and Vision
Currently, the 5M protocol has attracted participation from hundreds of communities worldwide, forming a cross-regional, multi-level collaborative network. The support from the Korean Crypto Committee and Seoul National University has laid a solid policy and academic foundation for its internationalization and institutionalization process.
Industry insiders believe that 5M is not just a protocol but a practical example of global blockchain governance and digital finance cooperation. It showcases a new path:
- In terms of institutions, innovation and regulation run in parallel;
- In terms of security, dual guarantees for assets and investments;
- In terms of development, equal emphasis on efficiency and sustainability.
As Speaker Kim Donggeon emphasized:
"Only by establishing institutionalized trust can finance truly move towards the future."
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