News Summary

Japan Open Chain, a highly practical Ethereum-compatible Layer 1 public blockchain, has launched its JOC Coin on global cryptocurrency exchanges MEXC and Bit2Me. The initiative, which is spearheaded by the Japan Open Chain consortium, aims to provide a secure and efficient payment method for creators worldwide. pixiv Inc., a major participant in the consortium, serves as a validator and supports the use of stablecoins issued by JOC to reduce transaction costs and enhance payment delivery to creators. This launch marks a strategic effort to leverage blockchain technology for seamless global transactions, adhering to Japanese law and collaborating with industry leaders in the Web3 domain.