Project
While numerous blockchain networks exist worldwide, the transparency of the chain's administration often remains unclear, presenting significant legal and technical challenges. These issues hinder the promotion of web3 businesses on such platforms. In response to increasing concerns about fraud and other risks, there is a growing demand for blockchains that comply with national regulations and ensure secure business transactions. Japan Open Chain (JOC) was established to address these issues. JOC is fully compatible with Ethereum and offers rapid transactions at a low cost, ensuring adequate decentralization, high security, and stability. Furthermore, with reputable Japanese companies serving as validators, this public chain guarantees both legal and technical practicality. Consequently, it empowers individuals and businesses worldwide to confidently expand their web3 ventures on a global scale.
About
Japan Blockchain Foundation Co., Ltd. operates and manages the consortium of 'Japan Open Chain,' a business-oriented blockchain developed by trusted Japanese companies in compliance with Japanese law, aimed at addressing social issues through blockchain technology. To ensure the safe and appropriate use of blockchain technology, the company develops and operates chains such as private chains, consortium chains, and public chains, tailored to specific business objectives.
| Company Name | Japan Blockchain Foundation Co., Ltd. |
|---|---|
| Established | July 2022 |
| Capitalization | 97 million yen (including reserve funds) |
| Representative | Daimei Inaba |
| Business Description | Operation and management of web3 infrastructure |