Fintech and blockchain-based deep-tech startup Crosshub announced on the 24th that it was finally selected for the '2025 Global Enterprise Collaboration Program (Trust My Tech)' hosted by the Ministry of SMEs and Startups and the Korea Institute for Startups and Entrepreneurship Development.
This program is a government-led collaborative project designed to verify the technological prowess and global market potential of domestic startups and support joint commercialization with leading overseas companies. Participating startups are provided with opportunities to enter the market through technology linkages and joint PoC (proof of concept) with global corporations.
CrossHub was selected as the final partner in recognition of its potential for collaboration with French security technology company Thales in the field of ‘security and authentication.’ Accordingly, the two companies plan to embark on joint technology development and service verification targeting the global fintech market.
CrossHub's main technology, 'IDBlock', is a '4th generation hybrid identity authentication' solution based on the existing DID (decentralized identity) concept, which provides high authentication speed and security while strengthening personal information protection. It is compatible with digital services in various countries, and its expandability as a global authentication infrastructure is drawing attention.
In addition, its affiliated service, 'B·Pay', is a payment solution that is directly connected to the local simple payment system of each country, providing an environment where overseas consumers can make intuitive and immediate payments without the existing card company-based infrastructure. Crosshub is building a global service ecosystem that integrates identity authentication and payment centered on these services.
A company official said, “This program is very meaningful as it was selected based on a joint evaluation by the government and global companies on technological prowess and business viability,” and “We will strive to present real innovation across the fintech and tourism industries through collaboration with global partners including Thales.”
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