Date: August 18, 2025
Location: Seoul 'Virtual-Real Fusion: Global Launch Conference of the 5M Consensus Agreement'

During a break at the conference, we interviewed the initiator of the 5M Agreement, Kim Donggeon, the Chairman of the Korean National Assembly. He shared with us the original intention of 5M, its institutional design, and future vision.

Q1: Chairman Jin, why are you promoting the 5M Agreement?

Jin Donggeon:
The speed of digital financial development is astonishing, but there are two core issues that have not been resolved: the first is that asset security is difficult to guarantee, and users are concerned about fund opacity and excessive risks; the second is insufficient investment trust, as many projects have short lifecycles and lack institutional protection.

If participants cannot feel at ease, digital finance cannot truly popularize. This is a pain point I have been contemplating for a long time. The original intention of the 5M Agreement is not to create a new concept, but to use institutional design to solve trust and security issues.

Q2: So, how is the 5M Agreement designed to address these challenges?

Jin Donggeon:
The 5M Agreement is not a business plan of a certain company, but an institutional design. It aims to rebuild the trust foundation of digital finance through institutional protection + technological support.

In this process, I have also been looking for solutions that can support the institutional implementation. Therefore, we introduced the insurance mechanism of JuTrust to provide a clear safety barrier for funds; at the same time, with the underlying technology of JuChain, we ensure the transparency and efficiency of the agreement. The combination of institution and technology allows trust to truly take effect.

Q3: What is the future development direction of the 5M Agreement?

Jin Donggeon:
The 5M Agreement has already attracted participation from hundreds of communities around the world, forming a cross-regional, multi-level collaborative network. The support from the Korean Crypto Committee and Seoul National University provides it with a policy and academic foundation.

I believe it is not just an agreement, but a practical example of digital financial governance. It opens up a new path:

  • Institutionally, let innovation and regulation run in parallel;

  • In terms of security, balance the dual protection of assets and investments;

  • In terms of development, achieve a balance between efficiency and sustainability.

Only by establishing institutional trust can finance truly move towards the future.