Strategic Partnership Between Wepin and Japan Open Chain(JOC) Announced

Wepin, a leading Web3 wallet service, has announced a strategic partnership with Japan’s prominent blockchain mainnet project, Japan Open Chain (JOC). As part of this partnership, the Japan Open Chain mainnet will now be integrated into the Wipin wallet.

Notably, IoTrust has been selected as a developer partner for Japan Open Chain. This marks a significant step in IoTrust’s expansion into the Japanese blockchain market. Both companies aim to foster the growth of the blockchain ecosystem in Korea and Japan through this collaboration.

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Expanding Blockchain Ecosystems in Korea and Japan

Through this partnership, Wipin will support the Japan Open Chain network. Furthermore, efforts will be made to increase the adoption of Wipin wallet within the Japan Open Chain ecosystem. This collaboration is expected to deepen the
integration and bring tangible benefits to users in both countries.

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What is Japan Open Chain (JOC)?

Japan Open Chain (JOC) is a pioneering blockchain project driving the adoption of blockchain technology in Japan. As a Layer 1 blockchain compatible with Ethereum, JOC specializes in facilitating blockchain adoption by financial institutions. Its strengths lie in strict regulatory compliance, reliable transaction processing, and robust security, earning it trust from the financial sector. Additionally, JOC provides infrastructure for yen-based stablecoins, strengthening its connectivity to real-world financial services.

JOC has proven the reliability of its enterprise blockchain solutions through collaborations with global Japanese corporations such as Sony Group, NTT Docomo, Fujitsu, and Dentsu. By building a comprehensive Web3 infrastructure with validators, interoperability providers, and stablecoin pilot partners, JOC meets the needs of financial institutions while adhering to Japanese and international regulations. This creates a secure and trustworthy blockchain environment for enterprises.

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A Mutual Vision for Growth

A representative from JOC commented, “We look forward to contributing to the development of the blockchain industries in both Korea and Japan through this collaboration with IoTrust, a leading blockchain innovator from Korea. In particular, we expect this partnership to accelerate blockchain adoption in the financial sector.”

Meanwhile, a spokesperson from IoTrust stated, “This partnership will accelerate the expansion of Wipin services into the Japanese market. By leveraging Japan Open Chain’s finance-focused infrastructure, we aim to deliver innovative blockchain services.”

This collaboration underscores the commitment of both parties to advancing blockchain technology and enhancing cross-border blockchain ecosystems. Users can look forward to exciting developments as the partnership unfolds.