Europe Paytech

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

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.

Author

  • Editorial Director of the The Fintech Times

Related posts

stc pay and Thales Introduce Customisable Contactless Payment Cards

Polly Harrison

Judopay Partners With Tide

Mark Walker

GLEIF Partners With Open Future World Directory to Support Open Banking Collaborations

Polly Harrison