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N Suite, Corporate Wallet with Workflow Provided by double jump.tokyo, Completes Support for Japan Open Chain

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〜 double jump.tokyo Simultaneously Joins JOC Development Partner Program 〜

Japan Blockchain Foundation Co., Ltd. (CEO: Hidekazu Kondo; hereinafter "our company"), the consortium management company for Japan Open Chain, is pleased to announce that "N Suite," a web3 business software with corporate wallet functionality provided by double jump.tokyo Inc. (Headquarters: Shinjuku-ku, Tokyo; CEO: Hironobu Ueno; hereinafter "double jump.tokyo"), has completed support for "Japan Open Chain," a fully Ethereum-compatible public blockchain.

With this support, companies can use N Suite to manage and send tokens while utilizing workflows commonly used by general companies.

Additionally, double jump.tokyo has been certified as a "JOC Development Partner Program" business operator supporting businesses developing web3 business on Japan Open Chain, and will participate as a partner. Both companies will cooperate toward further development of the web3 world going forward.

bnr-stablecoin-nsuite

 

◽️ Background

Japan Open Chain is an Ethereum-compatible public blockchain. Therefore, Ethereum-compatible wallets such as MetaMask can be used as-is. However, when conducting business in the web3 domain, companies need to prepare wallets to hold and use crypto assets. However, when preparing wallets for corporate use, like regular banking systems, approval/authorization workflows and responses to employee joining and leaving are necessary. Therefore, private key management not attributed to individuals and workflow functions are required, making it difficult in many cases to handle with individual-oriented wallets.

N Suite provided by double jump.tokyo is used by many web3 business operators including major Japanese listed companies and startups, with over 60 implementing companies. With this support, businesses using Japan Open Chain can now also utilize N Suite.

Through this partnership, corporate web3 business deployment on Japan Open Chain is expected to become even smoother. Through such partnerships, our company aims to develop and spread blockchain technology in Japan and support companies' digital transformation.

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

joc_Validator_240123

A business-optimized public blockchain emphasizing legal and technical practicality, with community operations by Japanese companies including CORGEAR (Sony's in-group startup), NTT Communications (NTT Group), Dentsu, and TIS. Designed as a fully Ethereum-compatible blockchain infrastructure that anyone worldwide can use safely, securely, and affordably, particularly optimized for use in finance and business sectors.

Main Features>

  • Safe and Secure Operation by Japanese Companies
    • Validators are companies that have passed appropriate screening
    • Operations comply with Japanese law with clear legal basis
  • Fully Ethereum-Compatible Chain Using PoA Method
    • Full compatibility with Ethereum allows tools and smart contracts developed for Ethereum protocols to be used as-is
    • Adopts PoA (Proof of Authority) algorithm, realistically considering the balance between decentralization and scalability
    • High security performance through adequate decentralization, network stability and controllability, excellent energy efficiency with environmental considerations
  • Fast and Affordable Fees, Design Optimized for web3 Business
    • Achieves processing speeds several dozen times faster than Ethereum mainnet
    • Affordable fees of less than 1 yen per NFT issuance
    • Eliminates settlement risk through deterministic finality
  • Projects by Major Corporations and Local Governments Including Stablecoin Issuance Are Underway
    • Financial DX projects utilizing Japan's first bank-issued stablecoins
    • Various NFT projects by local governments including "Digital Citizen Certificates"
Japan Open Chain Official Website: https://www.japanopenchain.org/

◽️ About "N Suite" Provided by double jump.tokyo

N suite is a Web3 business software (SaaS) with corporate wallet functionality. It provides features enabling private key management considering security and internal controls when companies hold private keys for conducting business in the Web3 domain. Additionally, it provides features enabling safe and efficient crypto asset holding, NFT issuance, and smart contract development necessary for Web3 business, supporting business entry into the NFT/Web3 domain. Has implementation track record with over 60 companies from startups to major listed companies.

【Company Information】​

https://www.gu-group.com/ja/double jump.tokyo Inc. Location: Sumitomo Fudosan Nishi-Shinjuku Building No. 5 LB Floor, 4-34-7 Nishi-Shinjuku, Shinjuku-ku, Tokyo CEO: Hironobu Ueno Established: April 3, 2018 URL: http://www.doublejump.tokyo/