IT infrastructure specialist Ringnet (CEO Lee Jeong-min) announced that at “BWB 2025 (Blockchain Week in Busan 2025)” held in Busan, it unveiled its urban Web3 financial infrastructure solution “CPG (Crypto Payment Gateway)” and will fully launch its “digital tollgate” strategy targeting the global stablecoin payment infrastructure market.

This announcement is significant in that, following Ringnet’s recent participation as a block validator on the BEATOZ mainnet, the company is expanding its business model in the blockchain infrastructure domain from a “build-centric (SI) company” to a “platform- and operations-centric company.”

CPG (Crypto Payment Gateway), introduced by Ringnet, is a payment middleware platform for enterprises and cities that helps stablecoins and other digital assets be used smoothly in everyday payment environments. Ringnet is responsible for the underlying infrastructure such as global networks, cloud security, and system operations, while blockchain specialist BEATOZ provides the core Web3 engine, including atomic swaps and automatic route discovery.

Corporations and local governments can introduce Web3 payments through CPG without making major modifications to their existing ERP (Enterprise Resource Planning) and payment systems, and can expect business process automation benefits such as automatic generation of accounting vouchers simultaneously with payment.

Leveraging its technological and operational experience as a BEATOZ mainnet validator, Ringnet is pursuing a “digital tollgate” strategy that builds city-level digital asset payment networks and monetizes the transaction fees generated on the network. The key direction is to move away from the traditional SI model that relied on one-off build fees and create a sustainable recurring revenue structure based on infrastructure operation.

Eom Tae-kyung, Executive Director at Ringnet, who presented at BWB 2025, stated, “For the KRW 420 trillion (USD 300 billion) stablecoin market, which is growing 112% annually, to become fully connected to the real economy, a safe and robust ‘payment road’ is needed,” adding, “Ringnet will build a Web3 financial infrastructure highway that cities and enterprises can use with confidence, and create a stable revenue structure through the transactions that pass over it.”

The CPG solution is the first case of extending the Web3 infrastructure technological expertise and operational experience gained through participation as a BEATOZ mainnet validator into an actual business model. Within the Busan Blockchain Regulation-Free Zone, Ringnet plans to promote a pilot project for an urban digital asset infrastructure that links the Busan Digital Asset Exchange (BDAN) with the citizen platform “Bidanpocket,” and, based on this, move to advance the model.

Ringnet aims by 2027 to develop the CPG-based urban Web3 financial infrastructure package, validated in Busan, into a G2G (government-to-government) urban solution export model targeting Southeast Asian countries such as Cambodia.

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