On August 18, 2025, at the “Virtual and Real Fusion · Digital and Real Symbiosis: 5M Consensus Agreement Global Launch Conference” held in Seoul, Chairman Shin Shin of the Korean Crypto Committee, former President of Seoul National University Sung Yoon, and representatives from the government, academia, and the blockchain industry gathered to discuss the future of the digital economy and innovative finance.

As the initiator of the 5M agreement, Chairman Kim Donggeon of the Korean National Assembly systematically elaborated on the origin and significance of 5M at the meeting and pointed out that the essence of 5M is not to create new concepts, but to solve the biggest pain points that digital finance has long struggled to overcome - trust and security.

5M: From Dilemma to Innovation

The speed of digital finance development is astonishing, but two core issues have always remained unresolved:

  • Asset safety is difficult to guarantee - users are concerned about the lack of transparency regarding fund allocation and high participation risks;

  • Insufficient investment trust - projects have short life cycles and lack institutional guarantees.

Chairman Jin Donggyeon has deeply realized through long-term research and practice:

“If participants cannot feel at ease, digital finance cannot truly become widespread.”

It is based on this thinking that the 5M agreement gradually took shape. It is not a business plan of a particular enterprise, but a kind of institutional design aimed at rebuilding the trust foundation of digital finance through institutional guarantees + technological base.

Security Knight: JuTrust and JuChain's Security Shield

In exploring how to ensure the safety of funds, Chairman Jin Donggyeon introduced the insurance mechanism of JuTrust. JuTrust ensures that every investment has a solid safety barrier by using the method of “30% of funds entering the insurance pool + 70% of computing power as a guarantee.” This mechanism not only protects the assets of participants but also provides institutional backing for the entire ecosystem.

At the same time, JuChain, as the underlying public chain, provides a transparent, efficient, and verifiable operating environment for the 5M agreement, ensuring that the system can truly take effect and avoid being ineffective. It is the combination of institutions and technology that constitutes the core pillar of 5M.

Consensus and Vision

Currently, the 5M agreement has attracted participation from hundreds of communities globally, forming a cross-regional, multi-level collaborative network. The support of the Korean Crypto Committee and Seoul National University has laid a solid policy and academic foundation for its internationalization and institutionalization process.

Insiders believe that 5M is not only an agreement but also a practical sample of global blockchain governance and digital financial cooperation. It showcases a new path:

  • Institutionally, innovation and regulation run in parallel;

  • In security, there are dual guarantees for assets and investments;

  • In development, efficiency and sustainability are both prioritized.

As emphasized by Chairman Jin Donggyeon:
“Only by establishing institutionalized trust can finance truly move towards the future.”