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Enterprise Wallet "N Suite" with Workflow Provided by double jump.tokyo Completes Integration with Japan Open Chain

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〜 Simultaneously, double jump.tokyo Joins JOC Development Partner Program ～​

Japan Blockchain Foundation Inc. (CEO: Hidekazu Kondo), the consortium management company for Japan Open Chain, announces that "N Suite," a web3 business software equipped with enterprise wallet functionality provided by double jump.tokyo Inc. (Headquarters: Shinjuku-ku, Tokyo; President and CEO: Hironobu Ueno; hereinafter "double jump.tokyo"), has now integrated with the fully Ethereum-compatible public chain "Japan Open Chain."

With this integration, companies can introduce N Suite to manage and send tokens while utilizing workflows typically used by general enterprises.

Additionally, double jump.tokyo has been certified as a "JOC Development Partner Program" participant, which supports businesses deploying web3 operations on Japan Open Chain, and will join as a partner. Going forward, both parties will cooperate toward further development of the web3 world.

◽️ Background​

Japan Open Chain is an Ethereum-compatible public chain. Therefore, Ethereum-compatible wallets such as MetaMask can be used as-is. However, when conducting business in the web3 domain, companies need to prepare wallets for holding and using crypto assets. When companies prepare wallets, they need to respond to application/approval workflows and employee onboarding/offboarding, similar to regular banking systems. Therefore, private key management and workflow functionality not tied to individuals are necessary, and it is often difficult to address these needs with personal wallets.

N Suite, provided by double jump.tokyo, is used by many web3 businesses, including publicly listed Japanese companies and startups, with over 60 companies adopting it. With this integration, businesses using Japan Open Chain can now also utilize N Suite.

Through this partnership, business deployment in the web3 domain on Japan Open Chain by companies is expected to become even smoother. We aim to support corporate digital transformation and promote the development and popularization of Japanese blockchain technology through such partnerships.

◽️ Public Blockchain Emphasizing Practicality and Optimal for Business: 'Japan Open Chain'​

This is a public blockchain emphasizing legal and technical practicality, with community operations by Japanese companies such as COGEA, a startup within the Sony Group, NTT Communications of the NTT Group, Dentsu, and TIS. Designed as a fully Ethereum-compatible blockchain infrastructure that anyone in the world can use safely, securely, and affordably, it is particularly optimal for use in financial and business fields.

【Main Features】​

  • Operated safely and securely by Japanese companies.

    • Validators consist of companies that have passed appropriate screening.
    • Operating in compliance with Japanese law, providing a clear legal basis.

  • Ethereum fully compatible chain utilizing PoA (Proof of Authority)

    • Fully compatible with Ethereum, allowing for the use of Ethereum protocol-developed tools and smart contracts as-is.
    • The Proof of Authority (PoA) algorithm achieves a balance between decentralization and scalability, incorporating practical considerations into its design.
    • Provides high security performance thanks to adequate decentralization, network stability and controllability, and is energy-efficient and environmentally friendly.

  • Optimal Design for web3 Business with Fast and Affordable Fees

    • Achieves processing speeds tens of times faster than the Ethereum mainnet.
    • Fees for issuing NFTs are less than 1 yen per transaction.
    • Eliminates settlement risk through deterministic finality.

  • Projects by Large Corporations and Local Governments Underway

    • Financial DX projects through the issuance of Japan-based stablecoins by banks.
    • Various NFT projects by local governments, including "Digital Citizen Certificates".

◽️ About "N Suite" Provided by double jump.tokyo​

N Suite is web3 business software (SaaS) equipped with enterprise wallet functionality. It provides functionality for private key management considering security and internal controls when companies hold private keys while conducting business in the web3 domain. Additionally, it provides functionality to safely and efficiently manage crypto asset holdings, issue NFTs, and develop smart contracts necessary for web3 business, supporting business entry into the NFT/web3 domain. It has been adopted by over 60 companies, from startups to major publicly listed companies.

【Company Overview】
Company Name: double jump.tokyo Inc.
Location: Sumitomo Fudosan Nishi-Shinjuku Building No. 5, LB Floor, 4-34-7 Nishi-Shinjuku, Shinjuku-ku, Tokyo
Representative: Hironobu Ueno
Established: April 3, 2018
URL: http://www.doublejump.tokyo/