IoTrust is a Korean company that provides digital wallet services for cryptocurrency and blockchain applications. It offers three types of wallets - a biometric hardware wallet, a card-type wallet, and a mobile app wallet that supports multiple blockchains. The company has seen rapid growth, with over $80 million in venture funding and wallet revenue increasing over 10x in the past two years. It aims to make managing digital assets more convenient and secure through innovative wallet technologies.
1. Iotrust 2022 ⓒ All rights reserved
IoTrust Overview
Delivering Truste Connectivity
㈜아이오트러스트
Simple and Convenient
Payment made Anywhere at Anytime,
Verifiable Identity to all life activities
Delivering Trusted Connectivity
2. Iotrust 2022 ⓒ All rights reserved
Ⓒ IoTrust
Ⓒ IoTrust
IoTrustis wallet service company for
Digital Asset Management & Blockchain Service.
World’s 1st Biometric Hardware Wallet
Card type Wallet
App Wallet
Web3 wallet at your own App
3. Iotrust 2022 ⓒ All rights reserved
#1
Baby
Unicorn
T1-3
(Good)
10x
Growth
#1 market leader in Blockchain hardware
wallet in Korea
SOLE company
in Korea for
Klaytn mainnet wallet
(Klip & Kaikas are software wallet
& developed by Klaytn network
operator, GroundX)
Venture Capital Investment ($80M)
Korea Investment Partners, KDB Capital,
KB Investment& 5 firms
Baby Unicorn by Ministry of SMEs and
Startups
Credit rating in Technology T1-3
by KED Data in 2021
Concrete Revenue from Wallet (‘19 ~’21)
• 2019 ➔ 2020, 3X Sales Growth
• 2020 ➔ 2021, 12X Sales Growth
• 2021 1st Half ➔ 2022 1st Half, 2.5X Sales Growth
Investment
$80M
Global
220
countries
220+ countries
• Breakdown
- Korea 45%, Asia 30%, USA 15%, EU 9%, Other 1%
• Dramatic mobile App traffic from South East Asia
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Biometric Wallet Card type Wallet Mobile App Wallet
• Flagship Hardware Wallet
• Fingerprint Authentication
• Bluetooth for Mobile
• USB for PC
• Multiple Blockchain Support
• EAL5+ Secure Element
• Easy to use – “Tap to Verify”
• NFC for Mobile
• No Mnemonic Code
• Customizable Design
• Single Blockchain Support
• EAL5+ Secure Element
• Software Wallet
• Multiple Blockchain Support
• For users who want to
manage cryptocurrencies or
to access dapps without
hardware wallet
D’CENT Wallet (3 types)
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D’CENT Biometric Wallet
50+
50+ blockchain
Support
** Customization (project & company logo)
available
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D’CENT All-in-One Card Wallet
No Mnemonic
Code
All-in-One Card (Dec. 2022)
Sample
Sample
20+ EVM
Networks
Ethereum, Polygon,
BSC, Avalanche,
Klaytn, XDC,
Songbird...
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Mobile App : 3 types modes
Biometric Wallet Card type Wallet Mobile App Wallet
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Mobile App : Digital Asset Management
• Create Account
• Hide Account
• Custom Token
• QR scan
• ENS Support
• Custom Fee Setting
• QR code
• Address Sharing
• Contract Address
• Account Details
• Transaction History
• Fee account info.
• Block Explorer link
• GAS Fee setting
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Mobile App : Collectables (NFT)
• Link to
NFT Marketplace
• Grid View • Detail View
• Marketplace Link
• External Link
• Send NFT • 7 networks support
Ethereum / Klaytn /
Luniverse / Polygon / HECO
/ Songbird / XDC & more
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Mobile App : In-App Browser (a.k.a Dapp Browser)
• 20+ Main network support
• Ethereum
• EVM compatible Blockchain
(e.g. Polygon, Flare Network, BSC etc.)
• Klaytn
• Tron
• XDC / RSK
• WalletConnect
• Dapp List
• Event Banner (Advertisement)
• Google Search
• Favorite (Bookmarks) : iOS & Android
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Issues at developing & maintaining wallet
Difficult to explain
GAS fee purpose
to users
Separate UXs are needed
for basic wallet features in
each blockchain network
Pain points at Web3 service
Developing & Maintenance
knowhow
to manage wallet service
14. IoTrust 2022 ⓒ All rights reserved
Issues at Web3 user
Buying NFT Cash out NFT
Open Metamask account
Select Polygon network
Create Polygon based USDC
Open Exchange account &
Register Polygon account
Send ETH from Exchange to
Metamask
Exchange ETH to USDC
MATIC
Exchange ETH to MATIC for
GAS Fee
Purchase NFT
Create Game App wallet
Open personal wallet
account
Send NFT from Game
App to personal wallet
Visit NFT market place
List NFT
Swap at Metamask
Send crypto to Exchange
Cash out
Separate Wallet App
Create Klip/Kaikas Wallet
Connect wallet
Claim Utility
Receive authorization
code
Send coupon to Mobile
App
Manage asset
1 2 3
Web 3.0
SSO
Log-in Buy Swap NFT
:
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Social log-in for user
registration & connect
wallet
• SSO
• Multi-Chain
• Non-custodial
• In-App Widget SDK
Key Idea
• Safely manage digital assets under user’s control
• User friendly registration process & log-in via SSO
• Easy on-boarding (without knowledge of wallet)
Web Wallet Mnemonic
Code
Onboarding
Key criteria for
Mass Adoption
Agnostic Blockchain
Built-in wallet for Web3
users
• Hacking
• Vulnerable
• Difficult to
manage
• Lost
• High entry barrier
for onboarding
wepin : New Built-In Web3 Wallet
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Web3 Transition Decentralized App
In-App Integration NFT Service
Expand business from Web2
through token & NFTs
Social Media, Shopping,
Travel ..
Bring blockchain services
through mainnet, Dapp
DeFi, DEX, DAO..
Offer wallet features in own
project App users
Game, Metaverse..
Implement NFT based services
at non IT industry
Entertainment, Sports, Luxury
goods, Fashion..
Build your own wallet in 1 hour!
wepin : Target projects
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Social log-in / Multi Chain / Non-custodial App & Web Built-in Wiget SDK
Own App wiget Wallet Managing assets & NFTs
wepin : Key features
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Current projects
사용자 맞춤 광고
New 3rd party services
Customized advertisement
Project category
Wallet feature tab
wepin : User Dashboard
19. IoTrust 2022 ⓒ All rights reserved
wepin : Project Dashboard / Customization
20. Iotrust 2022 ⓒ All rights reserved
Delivering Trusted Connectivity
IoTrust Co Ltd
Thank you