Japan's Largest Payment System Interested In Blockchain Technology

The largest credit card issuer in Japan JCB together with TECHFUND began developing a new payment system that will work using blockchain technology.

TECHFUND already has successful cases of organizing securities offerings on the blockchain, as well as staking services, while JCB has the largest user base in Japan, so this tandem has every chance to create something worthwhile.

“We plan to begin a joint study of the structure of the payment platform in order to contribute to the new project,” the press release said.

The official documentation says that companies are going to contribute to the improvement of society by improving the functionality of payment systems.

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