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Home»Security»Nethermind joins Japan Open Chain as a validator as part of its APAC expansion
Security

Nethermind joins Japan Open Chain as a validator as part of its APAC expansion

December 10, 2024No Comments
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Nethermind, a leader in blockchain research and software engineering, is pleased to announce its role as a validator for Japan Open Chain (JOC), a fully Ethereum-compatible blockchain initiative managed by the Japan Blockchain Foundation. This collaboration marks an important milestone in Nethermind’s strategic expansion into the APAC region, where the company is committed to advancing blockchain technology and improving decentralized systems.

Strengthening blockchain infrastructure
As part of its involvement in JOC, Nethermind will leverage its proven expertise in Ethereum node software and high-performance blockchain technology to contribute to the scalability and efficiency of the network. With a track record of achieving a sustainable throughput of 1 Ggas/s on a single node, Nethermind will work to significantly increase JOC’s throughput speed, setting a new benchmark for Ethereum-enabled chains.

Innovation through collaborative research
In addition to performance improvement, Nethermind is set to bring its research capabilities to the JOC, focusing on cutting-edge technologies to scale innovations. These innovations aim to elevate the performance capabilities of Japan Open Chain, setting new benchmarks in scalability and efficiency.

A vision of regional growth and technological leadership
Nethermind’s commitment to the APAC market is driven by the region’s growing importance in shaping the future of blockchain technology. With subsidiaries in Singapore and Japan, Nethermind is poised to play a pivotal role in the emergence of the APAC blockchain ecosystem. JOC is at the forefront of Japan’s digital asset revolution, and Nethermind is excited to participate in its growth by providing engineering expertise and strategic insights.

“Our collaboration with JOC as a validator and technical partner demonstrates Nethermind’s commitment to building a decentralized, borderless digital economy in a strategic APAC region, particularly Japan, which has led the way in adoption institutional of the blockchain. said Delane Foo, Regional Managing Director (APAC), Nethermind.

On the horizon
Through this partnership, Nethermind and JOC not only improve blockchain infrastructure in Japan, but also drive innovation that will impact the APAC blockchain landscape.

“The involvement of Nethermind as a validator marks a crucial step in the continued evolution of Japan Open Chain. Their deep expertise in Ethereum and cutting-edge blockchain solutions will help us deliver a more robust and high-performance network. Together, we are ready to make significant advancements in Japan’s blockchain ecosystem. said Hidekazu Kondo, CEO of the Japan Blockchain Foundation.

Nethermind’s participation as a validator with JOC is a step towards further development of decentralized ecosystems and high-performance solutions for businesses in the APAC region.

About Japan Blockchain Foundation Co., Ltd.
The Japan Blockchain Foundation operates and manages the Japan Open Chain consortium, a commercially-oriented blockchain designed to address social challenges through blockchain technology. This initiative is led by trusted Japanese companies, in compliance with Japanese law.

To ensure safe and appropriate use of blockchain technology, the foundation develops and operates different types of blockchains suitable for business purposes, including private chains, consortium chains and public chains.

About Japan Open Channel
Japan Open Chain is a Layer 1 public blockchain fully compatible with Ethereum, designed with a focus on practicality. Operated transparently and compliant with Japanese law, it collaborates with industry leading Web3 companies and innovators.

Japan Open Chain provides fast, low-cost blockchain infrastructure that anyone can use with confidence. It is specifically optimized for applications in finance and business, aiming to set a new standard that balances security and convenience while meeting diverse needs both domestically and internationally.

About Nethermind
Nethermind is a blockchain software research and engineering company dedicated to enabling businesses and developers to build on decentralized systems. With a focus on the Ethereum network, DeFi, security, and cutting-edge technologies such as Zero Knowledge and AI, Nethermind is a key contributor to the development of Ethereum. The company’s execution client powers more than a quarter of the synchronized nodes on the network and actively advances the Starknet ecosystem.

With more than 300 team members worldwide, including more than 250 engineers, Nethermind supports institutional partners in advanced blockchain and digital asset solutions. Headquartered in London with offices in Singapore and Tokyo, Nethermind is committed to expanding its presence in the APAC region and strengthening its leadership in blockchain research and infrastructure.

Media Contact:
Contact: Aaron Koh, Head of Institutional Marketing, Delane Foo, Managing Director (APAC)
E-mail: (email protected), (email protected)
Website: www.nethermind.io
X: https://x.com/NethermindEth
Linkedin:



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