English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 1 June 2020, 08:00 HKT/SGT
Share:
    

Source: JCB / TECHFUND
JCB signs a Strategic Partnership Agreement with TECHFUND for Joint Research on Sustainable Payment System Using Blockchain

TOKYO, June 1, 2020 - (ACN Newswire) - JCB Co., Ltd., a global payment network and a leading issuer and acquirer in Japan, and TECHFUND Inc., a technology accelerator promoting innovation in startups and leading companies, have signed a strategic partnership agreement to jointly research the construction of a sustainable payment system using blockchain. Based on TECHFUND's blockchain technologies such as STO (Security Token Offering)*1 and staking*2, JCB and TECHFUND jointly research the payment platform that will contribute to solving various issues in the payment field.


*1 STO: A method of raising funds through tokenized securities issued on the blockchain.
*2 Staking: Earning a reward by continuously holding crypto currencies and contributing to the stability of the system.

About JCB

JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 34 million merchants as well as cash advance locations around the world. JCB cards are now issued in 24 countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit https://www.global.jcb/en/

About TECHFUND

TECHFUND, a TECHNOLOGY ACCELERATOR, was launched on October 9, 2014 with a vision, "BE AN ENTREPRENEUR". As the world's first technology accelerator to support startups by investing "technology" instead of money, we have been involved in more than 300 teams of mentoring and due diligence, and have invested in 10 companies. At the same time, we provide an intrapreneur program, "ACCEL PROGRAM for BIZ", for major companies and contributed to 30 leading companies' innovations. We also develop scoring algorithms to assess the growth potential of startups and new businesses. TECHFUND is currently focusing on supporting blockchain and STO projects, as well as developing and providing ACCEL BaaS (Blockchain as a Service) to "accelerate" the development of blockchain applications for startups and enterprises. Among the supported startups is EtherSecurity, a company in the staking business.

Contact
JCB
Kumiko Kida, Ayaka Nakajima
Corporate Communications
Phone: +81-3-5778-8353
Email: jcb-pr@jcb.co.jp

TECHFUND Inc.
Peaske.Kawahara
Communication Strategy Div
Email: press@techfund.jp (Cc: peaske@techfund.jp)

Topic: Press release summary
Source: JCB / TECHFUND

Sectors: Cards & Payments, Blockchain Technology
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
CITIC Telecom CPC Becomes New VMware Cloud Service Provider Pinnacle Tier Partner in the Broadcom Advantage Partner Program  
Apr 25, 2024 13:07 HKT/SGT
Honda Reaches Basic Agreement with Asahi Kasei on Collaboration for Production of Battery Separators for Automotive Batteries in Canada  
Thursday, April 25, 2024 10:10:00 AM
Elevate Your Sleep Game This World Health Day with LAC  
Apr 25, 2024 09:00 HKT/SGT
UNIQLO Sponsors KAWS + Warhol Exhibition Tour, Starting in Pittsburgh  
Thursday, April 25, 2024 8:00:00 AM
GA-ASI Selected to Build CCA for AFLCMC  
Apr 25, 2024 07:00 HKT/SGT
FinTech Funding Continues to Surge as Second Edition of Dubai FinTech Summit Commences  
Apr 25, 2024 01:47 HKT/SGT
The South China Sea: A Nuanced Understanding Required  
Apr 24, 2024 21:12 HKT/SGT
Kontent.ai Introduces Mission Control and New Brand Identity, Leading a New Era of Content Management  
Apr 24, 2024 20:51 HKT/SGT
OrbusNeich's Joint Venture Kicks Off TricValve Clinical Trial in Mainland China  
Apr 24, 2024 18:59 HKT/SGT
Legacy Credit Emerges as a Substantial Shareholder in VCI Global  
Apr 24, 2024 18:00 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575