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Blockchain Leap From Japan's Credit Card Giant

By DHEagle | CryptoTent | 18 May 2020

Japan's largest credit card company, JCB sustainable over blockcha process formed a partnership with a technology accelerator TECHFUND to install the system. 

According to the announcement published by JCB on May 15, the partnership will benefit from TECHFUND's expertise in securities token offers (STOs) and this specialization will be used to create a new platform for transactions. Again, Tokyo-based TECHFUND for new enterprises and businesses; Aiming to accelerate the adoption of blockchain, ACCEL offers a program called BaaS (blockchain as a service / blockchain as a service).

JCB’s previous blockchain announcement

The financial firm had taken some steps based on innovative solutions in online payments. In December, it was announced that it plans to adopt a new cross-business (B2B) payment solution based on blockchain.

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