Japan Blockchain Foundation Co., Ltd. Joins Datachain's Privacy Transfer Technology Verification Program
～Launching the Early Partner Program for "KuraPrivacy," Realizing Privacy-Preserving Transfers of Stablecoins～
Japan Blockchain Foundation, Co., Ltd. (Representative: Daimei Inaba), the operator and administrator of the consortium behind Japan Open Chain (JOC), a fully Ethereum-compatible public blockchain operated by Japanese enterprises, is pleased to announce its participation in the Early Launch Partner Program for "KuraPrivacy," the enterprise-oriented privacy solution provided by Datachain, Inc. (Representative Director: Tetsushi Hisada, hereinafter "Datachain").
◽️ Background and Purpose
The Company promotes the social implementation of next-generation financial infrastructure, including stablecoins, through the operation of the public blockchain platform "Japan Open Chain." Stablecoins are attracting widespread attention both domestically and internationally as next-generation financial infrastructure for B2B settlements and cross-border remittances. This participation is aimed at investigating and verifying privacy technologies toward the future enhancement of stablecoin issuance and circulation infrastructure, with Datachain positioned as one of our technology providers. (Please note that participation in this program does not imply a decision to adopt any specific technology.)
"KuraPrivacy" by Datachain is advancing the design and development of technology aimed at achieving both the requirements essential for corporate use — such as AML/CFT compliance, audit readiness, and flexible key management — and privacy protection. Through this program, the Company will provide feedback based on actual business requirements and use cases, and will also work on verifying practical compliance feasibility, including regulatory conformity, while collaborating with Datachain.
◽️ Comment from Representative (Representative Director Daimei Inaba)
Japan Open Chain promotes the social implementation of a highly reliable public blockchain platform that Japanese companies can use with confidence. In next-generation financial infrastructure including stablecoins, and in B2B transactions, it is important to appropriately protect the privacy of transaction and company information while ensuring transparency and auditability. Through this program, we will deepen our collaboration with Datachain and contribute to social implementation.
◽️ "Japan Open Chain": A Blockchain Originating from Japan
"Japan Open Chain" is a practical, Ethereum-compatible (Layer 1) public blockchain operated by Japanese companies. Together with leading industry giants and Web3 innovators, it aims to provide a secure, high-speed, and low-cost blockchain infrastructure accessible to users worldwide. This project seeks to revolutionize global digital finance by building future financial infrastructure through initiatives like bank-led stablecoin projects and the digitization of assets such as NFTs.
The blockchain is currently operated by validators (blockchain operation partners) including Dentsu Inc.; insprout Corporation; Kudasai Co., Ltd.; pixiv Inc.; Kyoto University of the Arts; Hatena Co., Ltd.; CAC Corporation; CYBERLINKS CO.,LTD.; G.U.Technologies, Inc.; and others. The blockchain is managed in a decentralized manner and is expected to expand to 21 validators in the future.
◽️ About Japan Blockchain Foundation Co., Ltd.
Japan Blockchain Foundation Co., Ltd. operates and manages the consortium for "Japan Open Chain," an enterprise-oriented public blockchain co-operated by trusted Japanese companies in compliance with Japanese law. Through infrastructure development that emphasizes governance design and regulatory compliance, the company promotes the social implementation of next-generation financial infrastructure, including stablecoin and token utilization by financial institutions, enterprises, and local governments.
[ Company Overview ]
Company Name ：Japan Blockchain Foundation Co., Ltd.
Location ：26-1 Sakuragaoka-cho, Shibuya-ku, Tokyo, Japan
Representative ：Representative, Daimei Inaba
Founded ：April, 2018
URL ：https://www.jbfd.org/
Business Overview ：Operation and Management of Web3 Infrastructure
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Japan Blockchain Foundation Co., Ltd. - Public Relations
Inquiry Form: https://www.japanopenchain.org/contact
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