News

〜 Promoting Web3 Business with Leading Japanese Companies 〜

Japan Blockchain Foundation Co., Ltd. (CEO: Hidekazu Kondo), which operates and manages the business-optimized public chain 'Japan Open Chain,' is pleased to announce the participation of TIS Inc., a key part of the TIS INTEC Group (Headquartered in Shinjuku, Tokyo; President and CEO: Yasushi Okamoto), as a validator (blockchain operation partner) for Japan Open Chain.

'Japan Open Chain' is a public blockchain optimized  for business, prioritizing legal compliance and technical practicality. Its adherence to Japanese law and clear operational framework positions it as a trusted blockchain infrastructure for businesses and local governments venturing into web3 business. In addition, the chain boasts full Ethereum compatibility, ensuring high speed, essential decentralization, robust security, and stability.

G.U.Group, Inc. (headquartered in Shibuya, Tokyo; CEOs: Hidekazu Kondo and Daimei Inaba, hereinafter referred to as 'our company'), a provider of web3 solutions such as 'Japan Open Chain' and 'Lunascape', has announced a change in its company name from 'G.U. Labs' to 'G.U. Group'. Additionally, the company has successfully completed a fundraising round, securing a total of 420 million yen. This round included equity investment led by B Dash Ventures Inc. (headquartered in Minato, Tokyo; CEO: Hiroyuki Watanabe), and also involved token sales targeted at overseas investors.

Welcome to the JOC Newsletter by Japan Open Chain, where we bring you updates on Japan Open Chain's activities. In 009, At the 4th BLOCKCHAIN EXPO (Autumn), the largest blockchain exhibition in Japan held at Makuhari Messe in Japan on October 25th to 27th, 2023. We would like to introduce a report from the day of the event.

Accelerating Social Implementation of Practical Blockchain Solutions.

Japan Blockchain Foundation Co., Ltd. (CEO: Hidekazu Kondo), which operates and manages the business-optimized public chain 'Japan Open Chain, along with G.U.Technologies Inc., a selected Co-Creation Partner in global partner co-creation program 'Fujitsu Accelerator Program' by Fujitsu Limited (Headquarters: Minato-ku, Tokyo; CEO: Takahito Tokita) has initiated proof-of-concept experiments for cross-chain payments using stablecoins on Japan Open Chain. These experiments leverage 'Fujitsu Web3 Acceleration Platform,' and its blockchain integration technology, 'ConnectionChain'.

〜 Offering One-Stop Support from Planning and Consulting to Development and Deployment on the Blockchain〜

Japan Blockchain Foundation Co., Ltd. which operates and manages the consortium of 'Japan Open Chain', a public chain fully compatible with Ethereum operated by Japanese companies, has formed a strategic partnership with Bunzz pte ltd, the provider of the web3 development infrastructure 'Bunzz'.

Japan Blockchain Foundation Co., Ltd. (CEO: Hidekazu Kondo), which operates and manages the business-optimized public chain 'Japan Open Chain,' is pleased to announce the signing of a formal contract and a business alliance in the technical field with BitTrade Inc. (Headquartered in Minato, Tokyo; CEO: 関 磊), a domestic cryptocurrency exchange. This partnership is established for the purpose of launching an Initial Exchange Offering (IEO) for Japan Open Chain.

Welcome to the JOC Newsletter by Japan Open Chain, where we bring you updates on Japan Open Chain's activities. In 008, At the TOKEN2049, the largest web3 & crypto global conference in Asia, held at Marina Bay Sands in Singapore on September 13th and 14th, 2023. We would like to introduce a report from the day of the event.

G.U.Technologies Inc. (Headquarters: Tokyo, Japan, CEOs: Daimei Inaba, Hidekazu Kondo), a leading developer and provider of web3 infrastructure, is pleased to announce the initiation of Proof of Concept experiment in partnership with ORIX Bank Corporation (Headquarters: Tokyo, Japan, CEO: Yuichi Nishigori) to issue stablecoins based on specific trust beneficiary rights in compliance with the provisions of the revised Payment Services Act. This experiment will take place on 'Japan Open Chain', Ethereum-Compatible L1 Blockchain Operated by Japanese Companies.

Welcome to the "JOC Newsletter" by Japan Open Chain, where we bring you updates on Japan Open Chain's activities. In this issue, At the "1st CORGEAR Night" held on August 31, 2023, JOC Founder/CTO of G.U. Technologies, Mr. Kondo, discussed with Mr. Kawamura, Representative Director of CORGEAR, a startup within the Sony group and JOC validator. The following is a report of the discussion.