Crosshub Co., Ltd. recently won the grand prize at the '2025 Global Startup Competition'. This competition was co-hosted by the global investment attraction platform Boxleather, Peking University Entrepreneur's Training Camp, and the British investment firm Simsan Ventures.
Crosshub's 'ID Block' is a decentralized identity authentication (DID) service based on blockchain, and is a next-generation fintech solution that combines KYC (know your customer) and a simple payment system. ID Block has been highly evaluated for its security, scalability, and growth potential in the global market, and its strength lies in the fact that it has identity authentication technology that can be used in various industries.
In the final round, the top 10 promising domestic startups presented their innovative technologies and business models to international investors and industry leaders, and IDBLOC won the grand prize in recognition of its technological prowess and business viability. In addition, along with the prize money, it secured matching with three global investors and an IR pitching opportunity. In addition, it also received an official certificate from the Peking University Entrepreneurship Training Camp.
With this award as an opportunity, Crosshub plans to fully expand IDBLOC’s global market presence. It plans to pursue a strategy of expanding its business to various regions, including North America, Europe, and Asia, and actively build overseas partnerships.
Park Jung-hee, Vice President of CrossHub, said, “This award is a great honor that officially recognizes IDBloc’s technological prowess and global expansion potential,” and added, “We will continue to research and develop to establish ourselves as the standard for the global identity authentication and fintech markets.”
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