Hashed Open Finance, a subsidiary of crypto venture capital firm Hashed Reveals Maroo, a new Layer 1 blockchain tailored to the Korean won (KRW) economy.

Source: X official
The Maroo platform is a sovereign blockchain that provides an open and publicly accessible environment that also enables companies to operate with control over their compliance with regulations related to financial transactions, including auditing and privacy concerns. The platform's transaction fees will be paid using KRW-stable coins, which will assist in bringing users onto the platform and reducing volatility.
What must be the requirements of this platform:
Networks like Plasma, Stable, and Codex have shown that speed and low fees are crucial, but the real Sovereign Blockchains will have to surpass performance levels. Plasma, which received funding from Peter Thiel's Founders Fund, demonstrated that stablecoin chains could scale by allowing free transfers of USDT and achieving a staggering $5.6 billion TVL in just one week. But the decentralization that sovereignty brings along requires public participation and interoperability with ecosystems such as Ethereum and Solana for access to global liquidity. In addition, Sovereign Blockchains will have to adopt zero-knowledge cryptography to provide the privacy that is both verifiable and compliant. They will be regulatory-adaptive, changing rules like travel limits without causing a disruption in the network. Lastly, digital tokens ought to embody identity, accountability, rights, and limits, thus paving the way for a secure and trusted digital economy where both humans and machines can interact seamlessly.
Maroo's advanced technical infrastructure will allow it to tackle blockchain obstacles today and connect the Korean Won economy with the worldwide Web3 ecosystem. With the addition of an OKRW stablecoin that is pegged to the KRW at a 1:1 ratio, it aims to assist companies in the KRW digital economy by establishing stable and predictable costs for all transactions while eliminating fluctuations in transaction costs associated with cryptocurrencies (gas).
Maroo's dual-track system is comprised of two paths, the Open Path (for open innovation) and the Regulated Path (for regulated institutional activity).
It has achieved true verification of privacy by using Zero-Knowledge Proofs (ZKPs), along with Decentralized Identifier (DID) systems, allowing users to verify their regulatory compliance without the risk of disclosing their private information. Observer nodes, as overseers, allow regulators to act as monitors of the legal framework.
Hashed Reveals Maroo, supports the development of AI agents through AAA (Avatar Authentication Agent) by providing an identity and permissions to access only those transactions they are authorized to perform and a "kill switch" to block fraudulent or unauthorized transactions in the context of autonomous finance.
Hashed CEO Simon Kim stated that stablecoins are becoming a crucial part of the global financial infrastructure. Hashed Reveals Maroo, aims to explore a technology-open path that aligns with international standards while respecting the Korean regulatory environment, providing a foundation for banks, financial institutions, and fintech companies to experiment with next-generation financial services.
Disclaimer: This article is for informational purposes only and not financial advice. Cryptocurrency and stablecoin investments carry risk. Always conduct your own research and consult qualified financial advisors before making decisions.
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