
Busan, South Korea — Busan Metropolitan City announced on November 13 that it selected three outstanding blockchain companies at the "2026 Busan Blockchain Hub Accelerating Demo Day," held the previous day (November 12) at Wyndham Grand Busan in Seo-gu. Eight resident companies from the Busan Blockchain Hub participated in the event.
The top honor (Grand Prize) went to DXWorks, which presented a blockchain trust infrastructure platform, earning the Busan Metropolitan Mayor's Award. The First Prize was awarded to Bada Platform for its blockchain-based smart infant meal care service, and the Excellence Prize went to Medifun for its trustworthy record engine used in medical, work, event, and tourism fields. Both companies will receive the Busan Technopark President's Award.
Fostering Local Blockchain Growth and Investment
Co-hosted by Busan City and the Busan Technopark, the demo day is part of a regional corporate growth support program designed to strengthen the investment-attraction capabilities of Busan Blockchain Hub resident companies and connect them with institutional investors to expand commercialization opportunities.
Eight resident companies in cutting-edge sectors such as blockchain, artificial intelligence (AI), and fintech presented their innovative technologies and business models:
Kura: Blockchain wallets
Iruti: K-content production and distribution platform
Baro Corporation: AI-driven real estate data solution
Net Zero Work: Blockchain-based climate action platform
C3V: Blockchain-based identity and credential verification
Medifun: Blockchain-based medical information and payment service
Bada Platform: Blockchain and AI-powered food safety certification
DXWorks: Blockchain-based digital proof platform
Prior to the main event, these companies refined their growth strategies through business model diagnostics, mentoring, and mock investor relations (IR) sessions. Following the presentations, participants engaged in one-on-one consultations with investors to explore practical investment opportunities and strategic partnerships.
Award Ceremony at the Upcoming Year-End Showcase
Following evaluations by a panel of investment experts, the three winning companies will be officially honored at the "2026 Busan Blockchain Hub Performance Sharing Session," scheduled for November 27 at Avani Central Busan.
Grand Prize (Busan Metropolitan Mayor's Award): DXWorks was recognized for its full-stack intelligent trust platform "TaaS," which verifies everything from digital identities to product and device data. It received high marks for stable revenue performance and strong potential for global expansion.
First Prize (Busan Technopark President's Award): Bada Platform showcased "Safian Kids," a blockchain-based smart infant meal care service.
Excellence Prize (Busan Technopark President's Award): Medifun impressed judges with "MTT (MEDIFUN Tag Trigger)," a trust-recording engine that connects on-site verification, recording, and validation through a single tap.
These winning enterprises will present their successful business models and share key milestones with other resident companies and affiliated institutions during the upcoming performance-sharing event.
"Through this demo day, we witnessed the robust technological competitiveness and growth potential of our local blockchain companies while successfully expanding their networks with investment institutions," said Lee Dong-yeop, Director General of Financial and Startup Policy for Busan City. "We will continue to provide active support to ensure that promising regional companies can scale up through successful investment attraction and commercialization."
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