〜 D’CENT and WEPIN Support JOC Network to Drive the Expansion of the Japan-Korea Blockchain Ecosystem 〜
Japan Blockchain Foundation Co., Ltd. (CEO: Hidekazu Kondo), which oversees the operation and management of the Ethereum-Compatible Layer1 Public Blockchain 'Japan Open Chain (JOC),' is pleased to announce that IoTrust, a leading blockchain wallet provider from Korea (headquartered in Korea, CEO: Sangsu Baek), has joined the JOC Development Partner Program to promote services on Japan’s public blockchain, "Japan Open Chain" (JOC).
By integrating IoTrust’s D’CENT and WEPIN solutions with the JOC network, the collaboration aims to enhance user experiences and contribute to the growth of the Japan-Korea blockchain ecosystem.
◽️ Background
Established in 2017, IoTrust introduced the world’s first biometric cold wallet, "D’CENT," in 2018, offering innovative blockchain wallet solutions. The company supports various DApps in DeFi, NFT, gaming, and metaverse spaces, driving global blockchain ecosystem development.
Through this partnership, we aim to enhance its presence in the Korean market while improving user experience for JOC. This collaboration is expected to expand Web3 businesses through wallet integration and community management tools.
◽️ About D’CENT and WEPIN:
D’CENT: A Secure Cryptocurrency Hardware Wallet
- Biometric Security: World’s first biometric cold wallet with fingerprint authentication introduced in 2018.
- Enhanced Safety and Convenience: Offers secure, user-friendly fingerprint authentication.
- Broad Cryptocurrency Support: Compatible with over 64 networks and 3,600 tokens.
- Diverse Product Lineup: Includes both biometric-enabled devices and NFC tag-based card wallets.
WEPIN: Enterprise Web3 Wallet Solution
- Simple Integration: Integrates Web3 wallets into enterprise apps or websites within an hour.
- Enhanced Usability: Non-custodial solution with social login compatibility.
- Multi-Chain Support: Enables seamless operations across different blockchains.
These solutions have been fully integrated with the JOC network.
◽️ “Japan Open Chain” is a public blockchain optimized for business, emphasizing legal and technical practicality.
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Japan Open Chain (JOC) is an Ethereum-compatible Layer1 Public Blockchain co-operated by leading companies including CORGEAR, a startup within Sony Group, NTT Communications, Dentsu, TIS. The chain focuses on legal and technical practicality, making it the most suitable public blockchain for business use cases. JOC is fully compatible with Ethereum, and it enables anyone in the world to use blockchain and operate business on it confidently, safely, and affordably. It is particularly ideal for applications in the financial and business sectors.
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【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 IoTrust
IoTrust continues to lead innovation in blockchain wallet solutions. With over 20 years of expertise in security chip (SE and TEE) technology, its team provides safe and user-friendly experiences to over 790,000 users across 220 countries. IoTrust’s products are utilized in areas such as DeFi, NFT, gaming, and metaverse, contributing to global blockchain ecosystem growth.