Innovation Blockchain Payment (IBP)

Innovation Blockchain Payment (IBP), known by its ticker IBP, is a virtual asset transfer, exchange, and payment platform based on the Klaytn ecosystem. It offers end-to-end services through online and offline merchant partnerships, providing convenience for users and cost savings for merchants. IBP aims to expand the utilization of blockchain technology, store transaction records in a decentralized manner, and hedge transaction risks when using IBP tokens.

IBP supports direct virtual asset payments at participating merchants by leveraging existing card payment systems and real-time exchange rates from cryptocurrency exchanges. It operates a DeFi pool (KlaySwap) that enables the conversion of virtual assets and provides valuable insights and data to various businesses. Additionally, IBP offers a solution called Transpay (HMT) that allows customers to hedge their virtual assets and provides financial services such as deposits, withdrawals, and remittances by transferring converted fiat currency to IBP prepaid cards.

Since its inception in 2018, IBP has been actively developing its token, conducting real and exchange-related transactions, expanding its ecosystem and partnerships, and obtaining relevant registrations in the electronic financial industry. The project’s roadmap includes listing partnerships, utilizing NFT technology for global games, expanding into the global market for virtual asset conversions, and stabilizing payment services. IBP is backed by a dedicated team and has notable advisors with expertise in blockchain, finance, and business development.