CAC Corporation Joins Japan Open Chain as Validator
Japan Blockchain Foundation Inc. (CEO: Hidekazu Kondo), which operates and manages the consortium for "Japan Open Chain (JOC)," an Ethereum-compatible public chain operated by Japanese companies, announces that CAC Corporation (President and CEO: Ryota Nishimori, hereinafter "CAC") has joined as a validator (blockchain operating partner) of Japan Open Chain.
Going forward, JOC intends to leverage CAC's track record and technical capabilities in production development and actual operation of enterprise blockchain systems to collaborate on stable blockchain operations and development/provision of web3 solutions for corporations.
Currently, validators of "Japan Open Chain" include COGEA Inc., a startup within the Sony Group, CyberLinks Co., Ltd., Dentsu Inc., NTT Communications Corporation of the NTT Group, G.U.Technologies Inc., insprout Inc., Kudasai Inc., Minna Bank Ltd., pixiv Inc., TIS Inc., extra mile Inc. of the TV Asahi Group, and Kyoto University of the Arts, with plans to eventually reach 21 companies.
◽️ Purpose of CAC's Validator Participation
CAC will participate as a blockchain co-operator of Japan Open Chain, leveraging its track record since 2017 in production contracted development and actual operation of enterprise blockchain systems (security tokens, stablecoins, traceability systems, etc.) by a dedicated blockchain department, and will provide a blockchain that Japanese companies can use with confidence together with other co-operators, while promoting the development of the following Web3 services that contribute to solving social issues.
Management and Operation for Expansion and Stable Operation of This Blockchain Infrastructure
Validation of the validity of transaction data recorded on the blockchain Technical consideration for improving security, performance, and stability
Consideration of New Web3 Services for Solving Social Issues
Verification of Web3-related technologies and services such as NFT, DID/VC, and DAO Consideration toward social implementation of proprietary services (engagement token platform "KOUKA" etc.) and stablecoin-related services
◽️ Japan-Made Blockchain "Japan Open Chain" Emphasizing Practicality
"Japan Open Chain" is a fully Ethereum-compatible (Layer 1) public chain emphasizing practicality. Together with leading major companies and web3 operators, it operates in compliance with Japanese law, designed as a blockchain infrastructure that anyone in the world can use safely, quickly, and affordably, particularly optimal for use in financial and business fields.
◽️ Recruiting Companies to Participate as Validators of Japan Open Chain
The Japan Open Chain consortium is recruiting domestic companies wishing to participate as validators, the chain's co-operators. For others interested in business utilizing Japan Open Chain, please feel free to contact us.
Contact Form: https://www.japanopenchain.org/contact
◽️ About CAC Corporation
Under the vision of "continuing to have a positive impact on society with technology and ideas as a corporate group," CAC focuses on developing products and services that positively impact customers and society's future by utilizing cutting-edge technologies such as blockchain and AI.
【Company Overview】
Company Name: CAC Corporation
Location: 24-1 Nihonbashi-Hakozakicho, Chuo-ku, Tokyo
Established: April 2014
Representative: President and CEO Ryota Nishimori
URL: https://www.cac.co.jp/