12Ships will make your journey to the blockchain investment as easy as possible
by providing profitable and reliable mining infrastructure

12Ships’ Voyage to the Future

12Ships was launched to realize the paradigm of the Fourth Industrial Revolution through blockchain.

We have developed both the high-performance hardware needed to keep the data recorded in the blockchain reliable and the software needed for its operations.

We intend to develop an e-commerce service that enables ordinary users to experience and benefit from the built-in blockchain platform for making business through the developed hardware / software-based blockchain infrastructure.

This is the future that 12Ships will realize to turn this platform and service into a new business that is capable of expanding.

Panokseon II

  • High performance & Low power ASIC
  • Immersion Cooling Mechanism
  • Patented Heat Exchanger System
  • 20ft container and modularized design for mobility and easy maintenance


  • The only Bitcoin mining pool in Korea
  • 3S (Smart Monitoring, Smart Contract, Smart Voting) Easy UI / UX
  • Transparent operation and calculate
  • Plan to develop into the top 10 mining pools by 2019 (based on hash power)


  • E-commerce services operating in the Olle Chain
  • Sales of 100% natural products made with cutting-edge vacuum drying technology as a good material for Jeju Island
  • Record production / shipment history of sales product in Olle Chain
  • Expansion into direct deal platforms where producers and consumers can trust and trade


  • PoW-based public block-chain network
  • Applies to data requiring forgery prevention and convenient verification
  • Expansion from product / shipment history to quality / reputation
  • The node that participated in the verification and generation of the block chain secured the OlleSton Rewards


Token holder / POS owner / Affiliation member


Mining Pool

For the first time in the industry, we are developing 'Panokseon II', a high-performance / high-efficiency hardware using 11-nano process ASIC, and developing 'HANSANDO', the only domestic mining pool in Korea for transparent and fair distribution. Hash power over a certain scale is required for smooth mining pool operation.

This hash power requires a high level of software skills and operational capabilities to validate the record of the block chain and to link the blocks and distribute the profits through error-free calculate


Natural Product Cell Extract


Although the block chain is the core technology of the 4th industrial revolution, there are not many services or applications to which the block chain technology is applied yet.

12Ships has developed an online shopping mall, OlleNature, which is based on block chain infrastructure and can be purchased with confidence in good products

OlleNature will release natural products made from advanced vacuum extraction technology based on good raw materials of Jeju Island and will leave all the history of purchasing raw materials from shipment to shipment in a block chain

The production / shipment history of OlleNature is recorded in the OlleChain, which can not be falsified and can not be deleted forever, so that the consumer can check the history of the product conveniently with a smart phone, etc.


Ollechain Browser / live-olle.hansandopool.com:20009

Based on the high-level block chain related hardware / software technology accumulated by 12Ships, we have developed the PoW-based block chain network 'OlleChain'

The OlleChain allows anyone to record, store, validate, and recall important data without the risk of data transmission errors, hacking or tampering

This network is open to anyone who can access and use it, participate as a node, validate and create blocks, and receive a point reward, OlleStone, that can be used within a block-chain network

What is 12SHIPS?


What is 12SHIPS?

12SHIPS Concept Video


Our vision is that we will expand uses of 12SHIPS tokens by implementing a blockchain platform based on TwelveShips Mining Infrastructure and by developing a service that is beneficial and reliable for games and e-commerce, and ultimately, we will create a globally trusted platform based on the blockchain.

Our core team of outstanding experts and experienced professionals in the area of business strategy and planning, hardware and ASIC development, block-chain algorithm and software development, and heat exchanger development has been working together to actualize what is mentioned above.

Team member

Young Min

Business strategy & planning
IBM & Accenture Consultant, Samsung SDS
Master, Department of Mechanical Engineering, Seoul National University

Team member

Hoseong Ko

Hardware integration development
Samsung Electronics Mobile Division, Rep. of MAPTech
Master, Department of Mechanical Engineering, Seoul National University

Team member

Hanjo Kim

Software R&D, Game and application development
Hyundai Motors, NCSOFT
Master, Department of Mechanical Engineering, Seoul National University

Team member

Taewon Kang

ASIC design and development
Samsung Electronics Semiconductor Division, Rep. of Nexell(Current)
Department of Electronics Engineering, Soongsil University

Team member

Khan Lee

Electric & Equipment design and development
Kawasaki Heavy Industries, Ltd., Professor of Shinshu University
Ph.D, Tokyo Institute of Technology, Japan

Team member

Seungjae Moon

Heat exchanger analysis
Professor, Hanyang University Micro & Nano Heat Transfer
Ph.D, Mechanical Engineering, University of California at Berkeley

Team member

Nick Min

Blockchain & Mining Alogorithm, Core Application development
Cafe24, Wex24
Master, Department of Mathematics, Seoul National University

Team member

Seungsoo Park

Heat exchanger design & development
LH Corporation Construction,
Government Certified Professional Engineer of Equipment

Team member

Elodie Dornand de Rouville

Design and User Experience,
Art director for many art & science projects
Master, Ecole Nationale Superieure des Beaux-Arts de Paris

Team member

Gapseung Ha

Hardware development Samsung Electro-Mechanics Mobile Division

Team member

Jisang Hwang

Software development TongyangOnline, BuddyBuddy, nArtbox

Team member

Roy Cho

Software development THEONE Games, WeGo Interactive, NeoWiz


Team member

Young Bum Koh

BS in chemical engineering, Seoul National University
Ph.D. in electrical engineering, Osaka University, Japan

[(ex)Samsung Electronics]
  • President of SAS(Samsung Austin Semiconductor)
  • Head of the manufacturing center in LCD business
  • Head of Mechatronics center
Team member

Dong Il Seo

BA, Electronics Engineering, Yonsei University
(ex)Samsung Display, Senior Vice President (Team Manager of IT Development)
(ex)Samsung Electronics, Senior Vice President (Team Manager of Flash Memory Product Engineering)
(ex)Samsung Electronics, Vice President (Team Manager of DRAM Product Engineering)

Team member

Jeffrey D Jones

Chairman of Board of Governors, American Chamber of Commerce in Korea
Kim & Chang
President, Ronald McDonald House Charities of Korea

Team member

Seokwon Kim

Author of “Unleashing Blockchain” in Korea
Edito, Co.
Ph.D., Computer Science, KAIST


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