News

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.

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.

- Developing web3 Business on Japan Open Chain -

Japan Blockchain Foundation Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; President: Daimei Inaba ,Hidekazu Kondo), which operates and manages the consortium of "Japan Open Chain", a public blockchain fully compatible with Ethereum, is pleased to announce that NTT Communications Corporation (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Toru Maruoka, hereinafter referred to as NTT Com) has joined as a validator (co-operator). Additionally (It has been decided that another company will also participate in the consortium.)

Japan Open Chain is a blockchain infrastructure operated by Japanese companies in compliance with Japanese law, providing a secure environment for developing web3 businesses.This chain is fully compatible with Ethereum, providing high speed, sufficient decentralization, and high levels of security, stability, and performance.

~ NFTs can be created on Japan Open Chain ~

Japan Blockchain Foundation Co., Ltd. (President: Daimei Inaba, Hidekazu Kondo), which operates and manages the Japan Open Chain, announces that it has signed a Memorandum of Understanding with Connectiv Corporation (President:Yuki Ishii, hereinafter referred to as Connectiv) to connect the multi-chain NFT generation platform "NFT Garden" developed and operated by Connectiv to Japan Open Chain.

Through this cooperation, we will provide an environment for NFT creation on the Japan Open Chain, a web3 infrastructure compliant with Japanese law, without the need for web3 development skills, expertise, or crypto currency, and will support Japanese companies to enter the web3 business safely and easily.

Furthermore, we will explore the possibility of collaboration to create synergy in their respective businesses and further enhance the value of their services, and promote efforts to realize a world where anyone can promote web3 business with confidence.

G.U.Technologies Inc. (CEO: Daimei Inaba, CTO: Hidekazu Kondo), developing and offering web3 business infrastructure, has announced that it has been testing the use of issuing stablecoin that complied with Japanese law on public blockchain “Japan Open Chain”, fully Ethereum compatible chain operated by Japanese companies.

Native token of “Japan Open Chain”, web3 business blockchain, to be listed in Huobi Japan in 2023
～Promoting global operation～