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Japanese Card Giant JCB is Working on a Crypto-related Pilot
Summary: In a press release, the Japanese credit card giant JCB announced that it had begun working on a pilot with Cowry, a Tokyo-based payments and blockchain startup that was set up in 2017. The firms, they said, would begin on a demonstration experiment involving interoperability solutions for tokens, making use of “existing cryptocurrencies and other ...
In a press release, the Japanese credit card giant JCB announced that it had begun working on a pilot with Cowry, a Tokyo-based payments and blockchain startup that was set up in 2017.
The firms, they said, would begin on a demonstration experiment involving interoperability solutions for tokens, making use of “existing cryptocurrencies and other blockchain networks” on Cowry’s own blockchain platform.
JCB and Cowry claim that they have developed solutions that will allow them to settle payments immediately by using technology that “partially centralizes” when confirming new transactions.
By Amy Liu
Tags: Cowry,Crypto,Japan,JCB,Pilot
Link: Japanese Card Giant JCB is Working on a Crypto-related Pilot [Copy]
