Japan’s Leading Credit Card Issuer Develops Blockchain Payment System by Cointelegraph

Japan’s leading credit card issuer, JCB, has teamed up with technology accelerator TECHFUND to develop a sustainable transaction system utilizing blockchain technology.

In a statement released on May 15, JCB announced that the collaboration will leverage TECHFUND’s knowledge in security token offerings (STOs) and staking to establish a new transaction platform. TECHFUND, headquartered in Tokyo, runs a program named ACCEL BaaS (Blockchain as a Service), which is designed to promote the adoption of blockchain solutions among startups and enterprises.

This partnership signifies a significant step forward in integrating innovative technologies within the financial sector.