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Project Team

The Japan Blockchain Foundation Co., Ltd., established to oversee the project status of Japan Open Chain, promote information disclosure, and foster a healthy ecosystem, serves as the administrator of this project. The company plans to apply for an Initial Exchange Offering (IEO) with Japan's Financial Services Agency to become the official management entity for the project and token in Japan. However, it is the individual Validators, project members, and the ecosystem that operate the blockchain. The correct understanding is that the Japan Blockchain Foundation Co., Ltd. serves as the executive agent in this structure.

The Japan Open Chain project includes participation from renowned Japanese companies, primarily composed of highly socially trusted companies in Japan, including the Sony Group and Dentsu Group, as well as universities, and other leading publicly traded companies that rank in the top 10 sales in Japan. To ensure diversity among Validators, they also plan to include certain trusted cryptocurrency-related companies and startup enterprises as Validators and project members in the future, which can contribute to the ecosystem.

■ Japan Blockchain Foundation Co., Ltd.

  • Representative Director: Hidekazu Kondo
  • Established: July 2022
  • Headquarters: 26-1 Sakuragaoka-cho, Shibuya-ku, Tokyo
  • URL: https://www.jbfd.org/