Japan Blockchain Foundation Co., Ltd. (Headquartered in Tokyo, Japan; CEO: Hidekazu Kondo), which oversees the consortium for 'Japan Open Chain' — an Ethereum-Compatible L1 Blockchain operated by Japanese companies — is pleased to announce that Kudasai Co., Ltd. (Headquartered in Shinjuku, Tokyo; CEO: Takashi Kasiwagi), the entity behind 'KudasaiJP' – one of Japan's largest cryptocurrency communities, has now joined as a validator for Japan Open Chain.
'Japan Open Chain' is a public blockchain optimized for business, prioritizing legal compliance and technical practicality. Its adherence to Japanese law and clear operational framework positions it as a trusted blockchain infrastructure for businesses and local governments venturing into web3 business. In addition, the chain boasts full Ethereum compatibility, ensuring high speed, essential decentralization, robust security, and stability.
Current validators for Japan Open Chain include CORGEAR Co.Ltd. (a startup within the Sony Group), Dentsu Inc., NTT Communications Corporation (part of the NTT Group), G.U.Technologies Inc., Minna Bank Ltd., OPTAGE Inc. (a member of the Kansai Electric Power Group), pixiv Inc., and Kyoto University of Art and Design. A total of 21 companies are expected to join as validators. With the recent inclusion of ORIX Bank from the ORIX Group, along with other renowned and trusted companies in Japan joining as validators, our goal is to accelerate the expansion of the Japan Open Chain ecosystem and enhance the network's stability.
◽️ Purpose of Kudasai’s Participation as a Validator:
Joining the consortium as a co-operator, Kudasai will collaborate with fellow co-operators to provide a reliable blockchain for Japanese companies and actively promote the development of Web3 services aimed at addressing social issues
- Managing and operating the blockchain infrastructure.
- Validating the legitimacy of transaction data on the blockchain.
- Technical enhancements to boost security, performance, and stability.
- Creation of new Web3 services aimed at solving societal challenges
- Developing strategies for the social implementation of Web3 services.
- Offering services that facilitate co-creation and the exchange of value without intermediaries.
Kudasai Co., Ltd. CEO Takashi Kasiwagi
Kudasai is dedicated to supporting the growth of Web3 enterprises and all entities engaged in the Web3 space through a multifaceted and comprehensive approach. As the social implementation of Web3 and blockchain technology rapidly expands in Japan, we are experiencing an increasing demand for an environment where domestic companies can confidently and legally onboard. In this context, we are delighted to seize the opportunity to serve as a validator in the Japan Open Chain.
Japan Open Chain Founder Hidekazu Kondo
We are delighted to welcome Kudasai as a new member of Japan Open Chain’s validator. Previously, our validators were predominantly large enterprises and Japanese startups. Kudasai's entry marks a significant shift, allowing not only companies but also cryptocurrency DAO communities to engage with Japan Open Chain's initiatives. This move towards greater inclusivity and diversity marks an exciting development in our journey.
◽️ Japan Open Chain is a public blockchain optimized for business, emphasizing legal and technical practicality.
While numerous blockchain networks exist worldwide, in many cases, the chain's administrator is not transparent and faces significant legal and technical challenges, making it difficult to promote web3 businesses on such platforms. In light of growing concerns about fraud and other risks, there's an increasing demand for blockchains that adhere to national regulations and guarantee secure business transactions.
Japan Open Chain was established to solve those problems. As it is fully compatible with Ethereum, it offers rapid transactions at a low cost, adequate decentralization, and high security and stability. In addition, with reputable Japanese companies onboard as validators, this public chain ensures both legal and technical practicality. This allows individuals and businesses worldwide to advance web3 business on a global scale without concerns.
Japan Open Chain Official Web Site：https://www.japanopenchain.org/en/
◽️ Seeking Collaborators: Join as a Validator for Japan Open Chain
Japan Open Chain consortium is actively seeking participation from domestic companies interested in joining as validators which play a crucial role as co-operators of the chain. We also extend an invitation to any entities interested in exploring business opportunities utilizing Japan Open Chain. For more details and to express interest, please feel free to contact us.
◽️ About Kudasai Co., Ltd.
Established in 2020 as KudasaiJP, Kudasai is now one of Japan's largest cryptocurrency communities. The company fosters the growth of Web3 businesses by offering a comprehensive range of support solutions. These include planning and development for blockchain startups, advisory services, and assistance with community expansion.
Comapny Name ：Kudasai Co., Ltd.
Representative ： Takashi Kashiwagi
Established ：September 2022
Location ：2F, 3-3-13 Nishi-Shinjuku, Shinjuku-ku, Tokyo