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We Will Participate in Organizer Panel Discussion and Other Sessions at 'FIN/SUM2024' Hosted by Nikkei and Financial Services Agency

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〜 Discussing the Remittance/Payment Revolution of Stablecoins Converging on Japan Open Chain and the Scalability and Possibilities of web3 Business with Experts 〜

G.U.Technologies Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; CEOs: Hiroaki Inaba and Hidekazu Kondo; hereinafter "our company"), which develops and provides web3 infrastructure, will present at the organizer panel discussion, demo stage, and workshop at "FIN/SUM2024 〜 Finance Bringing 'Happy' Growth 〜" hosted by Nikkei Inc. and the Financial Services Agency, to be held from March 5-8. This time, we will discuss the revolution in remittance and payment areas brought about by Japan's bank-issued stablecoins expected to be issued and circulated this year, and the scalability and possibilities of web3 business deployed on "Japan Open Chain," Japan's blockchain infrastructure supporting this, with startup representatives active at the forefront of web3 business, financial institutions working on demonstration experiments toward stablecoin issuance, and officials from the Financial Services Agency.

 

◽️ Our Company's Presentation Schedule

1. Organizer Panel Discussion [March 6 (Wed) 16:50-17:40]

'The Impact of RWA (Real World Assets)'

The U.S. SEC approved Bitcoin spot ETFs (exchange-traded funds), which had been a long-standing issue. Additionally, traditional financial institutions are rapidly exploring the possibilities of RWA (Real World Assets), which tokenizes physical assets such as deposits and bonds. While this is a field with many regulatory issues, what kind of world lies ahead? Startup founders challenging new business models at the forefront will discuss.

[Speakers]**

  • Yusuke Morikawa (Ginco CEO)
  • Masakazu Kikuchi (Secured Finance AG Founder & CEO)
  • Yukio Wakahara (Financial Services Agency, Planning and Market Bureau, Counsellor)
  • Hidekazu Kondo (Japan Open Chain Founder, Our Company CTO)

Moderator:

  • Ryosuke Ushida (Financial Services Agency, Strategy and Policy Bureau, Chief Fintech Officer)

2. Panel Discussion [March 7 (Thu) 13:40-14:10]

'Fintech Evolution Brought by Stablecoins** 〜 Stablecoin Use Cases and Possibilities That Promote Fintech 〜'**

We will discuss use cases including DX initiative utilization and further fintech evolution with stakeholders involved in stablecoins to be issued soon. Stablecoins are expected to be used for programmability through smart contracts, instant and transparent settlements, international remittances, realization of new business models through massive micropayments, creation of new investment opportunities through tokenization, and as payment methods for web3 such as RWA and NFT.

[Speakers]

  • Sadanori Shibuya (Minna Bank, Service Planning Group, Group Leader)
  • Yosuke Shiraishi (Japan Cryptoasset Business Association, Stablecoin Division Chair)
  • Hidekazu Kondo (Japan Open Chain Founder, Our Company CTO)

Moderator:

  • Hiroaki Inaba (Japan Open Chain Founder, Our Company CEO)

3. Demo Stage [March 6 (Wed) 12:20-12:40]

'Scalability and Possibilities of Stablecoins and web3 Business Converging on Japan Open Chain (JOC)'

"Japan Open Chain (JOC)," a fully Ethereum-compatible public blockchain, is a blockchain platform supporting domestic bank stablecoin issuance and major companies' web3 business. In collaboration with domestic and international IT and web3 partners, it generates diverse use cases. Already through JOC-compatible web3 browsers and wallets, web3 payments such as RWA and NFT are becoming easier, and JOC usage is expected to accelerate further.

[Speaker]

  • Hiroaki Inaba (Japan Open Chain Founder, Our Company CEO)

▼Related Press Release:

https://www.jbfd.org/news/layerzero

◽️ "FIN/SUM2024" Event Overview

  • Event Name: FIN/SUM2024 (Finsum 2024)
  • Dates: March 5 (Tue) – 8 (Fri)
  • Location: 2-4-1 Marunouchi, Chiyoda-ku, Tokyo Marunouchi Building Hall (7F), Marunouchi Building Conference Square (8F)

◽️ Business-Optimized Public Blockchain Emphasizing Legal and Technical Practicality: 'Japan Open Chain'

バリデータ一覧(サイバーリンクス追加)-1

While there are several blockchain networks in the world, in reality, operating entities are often unclear and there are many legal and technical issues, making it difficult to promote web3 business on such blockchains. As various problems including fraud occur on problematic chains, blockchains that comply with each country's laws and enable safe business operations are being sought.

Therefore, Japan Open Chain was established with the purpose of promoting web3 business for people worldwide as a public blockchain emphasizing legal and technical practicality, with Japanese companies serving as validators (blockchain operating partners), achieving full Ethereum compatibility, fast and affordable fees, adequate decentralization with high security performance and stability.

◽️ Recruiting Companies to Join Japan Open Chain as Validators

The Japan Open Chain Consortium is recruiting domestic companies hoping to participate as validators, who are co-operators of the chain. Additionally, if you are interested in business utilizing Japan Open Chain, please feel free to contact us.

▼Japan Open Chain Official Website: https://www.japanopenchain.org/


◽️ About G.U.Technologies Co., Ltd.

Our company focuses on "IT × Finance" and consists of an engineer group with management including members who have experience in financial AI system development, development and operation of the innovative web browser "Lunascape," megabank system construction, Microsoft Innovation Award winners, Ministry of Economy, Trade and Industry's Software Product of the Year winners, and those selected for AERA magazine's "100 People to Rebuild Japan." We are a startup company capable of providing consulting to lead the blockchain revolution. Furthermore, we are members of the Blockchain Collaborative Consortium (BCCC) and the Japan Blockchain Association (JBA), working to spread safe and secure web3 business through reliable blockchain technology and knowledge.

Additionally, our company provides the "G.U. Development Program," a web3 business implementation support program that supports consultation and development for various challenges that arise when entering web3 business utilizing blockchain technology. For those considering web3 business such as NFT membership cards and NFT tickets, we provide not only technical but also legal advice and business planning support services.