On December 27, Japanese credit card and payments company JCB
announced a partnership with Singapore-based blockchain firm Keychain. JCB intends to leverage blockchain to improve security and operational consistency in the payments space.
JCB is one of the leading credit card issuing companies in Japan and had net revenues of $2.8 billion in FY 2018. As of March 2019, JCB cards can be used in 23 countries.
Keychain is a technology provider building a data security solution for the financial, industrial, and enterprise spaces. It’s flagship product ‘Keychain Core’ allows partners such as JCB to develop applications with self-sovereign identity, data-centric security, secure workflows, contracts, and settlement and custom digital assets.
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