VERYWRODS Wins President’s Award from the Korea Communications Agency at the “2025 ICT Fund Next Awards”

Carbon-neutral e-mobility specialist VERYWORDS (CEO Kim Sung-woo) announced on the 11th that it has received the President’s Award from the Korea Communications Agency at the “2025 ICT Fund Next Awards,” recently held at Locaus in Yongsan, Seoul.

Hosted by the Ministry of Science and ICT and organized by the Korea Communications Agency (KCA), the event recognizes companies that have created outstanding technological achievements and social value through ICT fund projects.

VERYWRODS was honored for its carbon-neutral e-mobility platform that integrates Decentralized Identifier (DID), blockchain, and IoT technologies to enable mutual authentication between users and devices, prevent forgery or tampering of driving and charging data, and provide NFT (non-fungible token) rewards based on greenhouse gas reduction performance.

The platform is already in commercial operation in Cambodia. According to the company, the award reflects recognition of the platform’s proven performance in the field of cybersecurity and its potential as a trust-based industrial platform.

In his acceptance speech, Park Min-soo, Vice President of VERYWORDS, said, “This award is thanks to the dedication of our employees and partners who have implemented carbon neutrality and digital trust technologies in the field. We will continue to establish our DID-based carbon-neutral platform as an international standard model that connects digital trust technologies with the carbon market.” He added, “It is especially meaningful in that VERYWORDS has solidified its position as a leading company in the digital trust-based carbon market through not only technological capabilities but also institutional and international linkages.”

VERYWRODS’s technology is expanding into international carbon reduction cooperation frameworks. In July, the company’s e-mobility project was officially approved by the Cambodian government as an Internationally Transferred Mitigation Outcome (ITMO) project. This marked the first officially approved international carbon reduction project promoted by the Republic of Korea under Article 6.2 of the Paris Agreement. The resulting reductions will be used toward achieving Korea’s Nationally Determined Contribution (NDC) targets.

Source | Money Today, August 6, 2025
Original Article | https://news.mt.co.kr/mtview.php?no=2025080617210749279