Japanese giant JCB is testing compatibility with cryptocurrencies

A major player in Japan's traditional financial sector, JCB, is getting closer to introducing cryptocurrency by launchingthe corresponding pilot project.

In press-release company for the production of credit cardsAccording to the announcement that it started work together with the current start-up in the area of ​​the Cowr blockchain payment, which was created in 2017. Firms will soon conduct a test of the compatibility of the solution for tokens using "existing cryptocurrencies and other blockchain networks" on the coworker blockchain.

Both companies signed a partnership agreement back in August 2019 and agreed to work on the economy of tokens, including local currencies and useful

Obviously, this work started to recruitTurns, when another traditional IT giant, Fujitsu, connected to the pilot project to use the solutions developed by the prototype of the manufacturer from Fujitsu

At present, JCB and Cowr have confirmed thatpazpabotali pesheniya, kotopye pozvolyat ppoizvodit platezhi nemedlenno, icpolzuya chactichno tsentpalizovannuyu DURING podtvepzhdenii novyx tpanzaktsy texnologiyu, vmecto togo, chtoby zactavlyat pokupateley and ppodavtsov ozhidat, poka bloki will dobyty in cootvetctvuyuschix blokcheyn-cetyax.

Theoretically, this innovation can enableFor sellers and buyers to make transactions even when using different tokens. For example, a buyer who owns the current X can use it in the store, and the owner who has only a wallet with the current Y.

Declares that a new solution will beto distribute the exchange of tokens between different economic zones, sectors or groups, and tokenization will push out fiat in different periods of time.

Lately JCB is studying the transition options forbusiness sectors based on cryptocurrency and blockchain, as well as interoperates with the operator of the application-chat Line in part of the solutions, connected with payment

According to JCB's own accounts, the company has issued cards for 130 million customers in 2Z countries.

</p></p>