JCB is partnering with TECHFUND

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JCB is partnering with TECHFUND. Japan-based JCB is associating with local venture capital firm TECHFUND to create a viable blockchain-based transaction system.

JCB is the biggest credit card issuer in Japan. JCB has associated with technology accelerator TECHFUND to build a viable transaction system on the blockchain.

JCB 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 technologies for startups and enterprises.

The financial firm has made some steps towards innovative solutions to online payments.

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