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.
