KoreaTechDesk | Korean Startup and Technology News

Tue, September 23, 2025

Sign in

Virtual Demo Day
Menu
  • Home
  • Startup News
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • Press Release
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation
    • Investments
    • Ecosystem & Lists
  • Governments
    • Artificial Intelligence Industry Cluster Agency
    • Daegu Technopark
    • GANGNAM-GU
    • Gyeonggido Business & Science Accelerator
    • Hwaseong Industry Promotion Agency
    • Invest Seoul
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Information Security IndustryĀ Association
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of Culture, Sports and Tourism
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Events
    • COMEUP
    • Korea Fintech Week
    • K-Content Expo
    • NextRise
    • Try Everything
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • Campus Town Program
    • SGSC Global Bootcamp
    • Gangnam-gu Global Roadshow
    • Global SaaS Marketplace Support Project
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Partner With Us
    • Press Release
    • Startup Scouting
    • Business Agencies
    • Global Mentorship Program
    • Investment Opportunities
    • K-Scouter Program
  • Lists
  • Virtual Demo Day
  • Home
  • Startup News
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • Press Release
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation
    • Investments
    • Ecosystem & Lists
  • Governments
    • Artificial Intelligence Industry Cluster Agency
    • Daegu Technopark
    • GANGNAM-GU
    • Gyeonggido Business & Science Accelerator
    • Hwaseong Industry Promotion Agency
    • Invest Seoul
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Information Security IndustryĀ Association
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of Culture, Sports and Tourism
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Events
    • COMEUP
    • Korea Fintech Week
    • K-Content Expo
    • NextRise
    • Try Everything
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • Campus Town Program
    • SGSC Global Bootcamp
    • Gangnam-gu Global Roadshow
    • Global SaaS Marketplace Support Project
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Partner With Us
    • Press Release
    • Startup Scouting
    • Business Agencies
    • Global Mentorship Program
    • Investment Opportunities
    • K-Scouter Program
  • Lists
  • Virtual Demo Day
Home Programs Asan Voyager

Korean startup Hopae Inc. Introduces Furo: A Cost-Effective and Compliant Digital Identity Solution for EU MarketĀ 

by Jinju Jeon
July 7, 2023
in Asan Voyager, Cybersecurity, Programs
0
Hopae Inc. Introduces Furo: A Cost-Effective and Compliant Digital Identity Solution for EU Market

Hopae Inc's Furo is a t digital Identity solution for EU Market

In the the ever-evolving landscape of digital transformation, Korean startup Hopae Inc. has emerged as a leading provider of digital identity solutions. With a successful track record in their domestic market, the company is now expanding its services to the European Union (EU), offering Furo a cutting-edge solution that ensures compliance with EU regulations while delivering cost-effective and secure authentication.

Hopae’s Furo the platform addresses the challenges posed by EU regulations such as the General Data Protection Regulation (GDPR) and the European Union’s Electronic Identification and Trust Services (eIDAS). These regulations mandate robust identity management systems to safeguard user data and ensure privacy. Furo’s tailored approach enables businesses to navigate these requirements effectively.

One of the key factors that differentiates Furo is its affordability, providing a cost-effective alternative to companies looking to build their own digital identity infrastructure. By offering a solution that is 10 times cheaper than the average cost of independent development, Hopae enables businesses, including Fortune 500 companies to meet regulatory obligations while optimizing resource allocation.

Leveraging the transparency and mathematical foundations of blockchain technology, Hopae’s Furo solution establishes a “root of trust” for secure transactions, minimizing the risks of fraud and forgery. The team’s prior success in handling sensitive data is evident through its deployment of a blockchain-based COVID-19 vaccination certificate in South Korea. This experience showcases their ability to adhere to data regulations, such as the World Health Organization’s health data guidelines, andĀ  handle high-demand conditions with 36 million Monthly Active Users.Ā 

Furo offers two primary products to cater to businesses’ digital identity needs. Firstly, it provides a secure digital wallet capable of storing electronic IDs issued by governments and private sectors. This versatile wallet allows individuals to conveniently manage their digital identities, providing a seamless user experience while mitigating the risks of identity theft and unauthorized access.

Furo

Secondly, Furo offers an identity and access management system (IAM) akin to a streamlined login system for websites and applications. Their “Easy Login” service simplifies the user authentication process for companies while ensuring compliance with EU regulations. With its scalability and versatility, Furo empowers businesses of all sizes to enhance their security measures and protect user identities effectively.

While competitors like Auth0 provide similar services, Hopae differentiates itself by prioritizing EU regulation compliance. Their in-depth understanding of regulations such as GDPR and eIDAS, combined with a scalable infrastructure, makes Furo a comprehensive solution tailored to the EU market.

As industries undergo digital transformation, and data privacy regulations become increasingly stringent; Hopae’s Furo stands at the forefront of the digital identity revolution. Their commitment to affordability, regulatory compliance, and user protection positions them as a trusted partner for businesses seeking reliable and secure digital identity solutions.

Tags: affordabilityAsan Voyager programblockchain technologycompliancedigital identity solutionseIDASEuropean Unionfraud preventionFuroGDPRHopae Inc.Korean Startuproot of trustsecure authentication
Previous Post

Munice’s Miracle Night App Promises Groundbreaking Solution to Global Sleep Problems

Next Post

Promedius: Revolutionizing Medical Diagnostics with AI-Powered Osteoporosis Solution

Next Post
(į„‘į…³į„…į…©į„†į…¦į„ƒį…µį„‹į…®į„‰į…³) Promedius_3

Promedius: Revolutionizing Medical Diagnostics with AI-Powered Osteoporosis Solution

POPULAR POSTS

Top Korean Dating Apps That Can Help You Make New Conne…
Dating has indeed evolved with the advent…
by KoreaTechDesk Writer Ā· 29 May 2019

10 K-Dramas to watch for some ‘money matters&#821…
K-Dramas are quite a lot in demand globally, with many exciting series streaming on international online entertainment platforms. K-Dramas serve…
by Jinju Jeon Ā· 24 Apr 2020

Top Restaurant Apps to try out for a fine dining experi…
If you are visiting South Korea, then you would want to taste the local cuisine, relish amazing food preparations at…
by KoreaTechDesk Writer Ā· 28 May 2019

Korean Webtoon Companies that are giving the Audience A…
The Korean webtoon industry is experiencing remarkable growth, buoyed by the success of K-Drama, K-Pop, and K-movies, alongside the increasing…
by Aditi Dave Ā· 7 May 2022

541 Ventures Has Won The Nomination For Rising Star By …
LOS ANGELES, CALIF., January 23, 2024 – 541 Ventures – a Los Angeles-based frontier tech VC for Asian founders, has…
by KoreaTechDesk Writer Ā· 29 Jan 2024

Register for Event

[the_ad id=”18508″]

MOST READ ARTICLE OF THE WEEK

1.
South Korea’s Ministry of SMEs and Startups Unveils $2.23 Billion Support Plan for Startups in 2025
3 Jan 2025
2.
South Korea Shines at CES 2025: Global Innovation Champion, Record-Breaking K-Startup Pavilion, Award-Winning Innovations
10 Jan 2025
3.
South Korea Opens Applications for the 10th K-Startup Grand Challenge 2025 – Korea’s Flagship Market-Entry Program Offering ā‚©950M (US$633K) in Government SupportĀ 
7 May 2025
4.
K-Startup Grand Challenge : Empowering Global Startups and Driving Innovation in South Korea
28 Apr 2025
5.
AI in South Korea: Startups Leading the Generative AI Revolution
1 Apr 2025

List Article

1.
6 Reasons Why Seoul Is Poised to Become a Top 5 Global Economic Hub by 2030
20 Aug 2024
2.
Top Co-working Spaces for Startups & Companies to Explore in South Korea
3 Apr 2024
3.
Top Accelerators in South Korea Shaping Startup Success
29 Nov 2023
4.
Top Korean Venture Capital Firms Backing Startup Success
26 Oct 2023
5.
Top Apps for Seamless Korean to English Translation
14 Aug 2023

Similar Articles

Programs

Korea’s Social Ventures Gain Finance Boost as KIBO and Woori Bank Commit $13.5M in Guarantees

More
Programs

Global Lessons from Korea’s 2025 TIPS Expansion: Public-Private Startup Model Adds 30 New Operators

More
Programs

Korea Expands Startup Finance Tools: $36M KIBO – KB Kookmin Bank Partnership Targets Early Tech Growth

More

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

Menu
  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

About

Menu
  • About Us
  • all articles
  • Terms of Use
  • Privacy
  • Cookie-policy
  • twitter

Subscribe and be informed first hand about actual Korean startup news.

All the day’s headlines and highlights, direct to you every morning.

Contact us : [email protected]

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

Menu
  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

About

Menu
  • About Us
  • all articles
  • Terms of Use
  • Privacy
  • Cookie-policy
  • twitter

Subscribe and be informed first hand about actual Korean startup news.

All the day’s headlines and highlights, direct to you every morning.

Ā© 2023 Koreantech News & Media Korea Zrt. All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.