Mizuho Bank, the third-largest bank of Japan, and local payment giant JCB are moving into the blockchain to streamline digital identity systems. It has been reported that both are preparing to pilot a digital identity interoperability system based on blockchain technology. However, the new system will utilize a blockchain solution developed by Fujitsu Laboratories. The report said that the new joint initiative will allow the companies to verify mechanisms to securely transfer

JCB, the biggest credit card issuer in Japan, has partnered with TECHFUND, a technology accelerator, to build a sustainable transaction system on the blockchain. On May 15, it has been reported that the partnership will utilize TECHFUND’s expertise on security token offerings (STOs) and staking to create a new platform for transactions. Also based in Tokyo, TECHFUND has a program called ACCEL BaaS (Blockchain as a Service), which aims to accelerate the adoption of blockchain

JCB, Japan’s top credit card issuer plans to adopt a new business-to-business (B2B) payment solution based on blockchain technology. On Dec. 20 Cointelegraph Japan reported that JCB has signed a Memorandum of Understanding (MoU) with blockchain-based commercial payments platform Paystand to develop a digital payment platform for enterprises and customers in Japan. Japan’s $10 Trillion B2B Market The new joint development aims to cut costs and delays associated with “pre-inter