JCB partners with Keychain to leverage blockchain within payments

JCB Co., Ltd., a leading Japanese credit card issuer and global payment network, today announced a new partnership with blockchain technology provider Keychain, to leverage blockchain in the payments space.

With Keychain’s technology, JCB aims to increase cybersecurity and operational integrity in next-gen payment systems, providing JCB users with new and delightful ways to engage in everyday payments.

Keychain’s main product, Keychain Core, is a solution accelerator that enables Keychain’s partners to build applications with self-sovereign identity, data-centric security, secure workflows, contracts, and settlement and custom digital assets.

Keychain Core elements and integration with partners

Keychain Core supports a wide range of devices including personal computers, tablets, smartphones, smartwatches, and Internet of Things (IoT) devices.

Keychain Core Capabilities

  • Self-sovereign identity – Enables users to create digital identities in a self-sovereign way.

  • Data-centric security – Secures any data on any device anywhere in the world by requiring trusted third parties, regardless of the security of the storage and network environments.

  • Secure workflows – Secures business workflows, such as payment settlement, with full auditability while maintaining confidentiality.

  • Secure contracts – Enables globally compatible digital contract signing and processing.

  • Digital assets – Enables regulated organizations to issue custom digital assets. For example: central bank and municipal digital money, energy credits, and gaming assets.

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JCB partners with Keychain to leverage blockchain within payments JCB partners with Keychain to leverage blockchain within payments Reviewed by Crypto Currency on December 27, 2019 Rating: 5

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