Wemade Co., Ltd. Unveils 'StableNet Wallet Version 2'
Utilizing “Stealth Address” Technology
Resolving the Dilemma Between Blockchain Privacy Protection and Regulatory Compliance
Ensuring intuitive usability on par with commercial bank apps
Send Assets Safely Without Complex Technical Barriers
[Edaily Reporter An Yu-ri ] Wemade Co., Ltd.(112040) unveiled "StableNet Wallet Version 2" on the 15th, which incorporates private remittance technology, as part of its full-scale launch of its won-pegged stablecoin business.
StableNet Wallet Version 2 focused on technically addressing the characteristics of blockchain, where all transaction information (deposits, withdrawals, payments, etc.) is transparently disclosed to the public. It applied new technology to enable a privacy-focused design that protects sensitive information—such as salary or asset size—from external exposure under normal circumstances and selectively discloses it only when necessary.
The core technology implemented by Wemade Co., Ltd. is the “Stealth Address.” Utilizing this feature, the system is designed to thoroughly conceal detailed transaction information from third-party observers while allowing authorized entities, such as specific businesses or regulatory agencies, to transparently audit and verify the data. Through this, Wemade Co., Ltd. has established a regulation-friendly private remittance system that simultaneously satisfies both privacy protection and transparency.
Furthermore, Wemade Co., Ltd. has successfully replicated the intuitive and convenient user experience (UX) found in mainstream banking apps. Users can transfer assets safely and with ease, just as they would with existing financial apps, without encountering the barriers of complex blockchain technology or undergoing a separate learning process.
Kim Seok-hwan, Vice President of Wemade Co., Ltd., stated, “The release of StableNet Wallet Version 2 is significant because it goes beyond abstract claims to demonstrate financial innovation through a ‘fully functional app’ accessible to the general public.” He added, “Based on wallet infrastructure that meets both privacy protection and regulatory requirements, we will lead the development of a Korean won stablecoin ecosystem applicable to real-world financial scenarios.”
Meanwhile, the StableNet Wallet supports both AOS and iOS mobile operating systems as well as the Chrome extension for PCs, and users can apply to try it out on the official StableNet website.
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