JCB signs strategic partnership with Keychain

30/12/19

JCB. an issuer and acquirer in Japan and a global payment network and Keychain, a leading blockchain technology provider have announced a collaboration in leveraging blockchain in the payment area.

Keychain is building a new global data security infrastructure targeting the financial, industrial, and enterprise spaces. Keychain Core, Keychain’s main product, is a solution accelerator that enables Keychain’s partners to build applications with self-sovereign identity, data-centric security, secure workflows, contracts, and settlement and custom digital assets. Keychain Core supports a wide range of devices including personal computers, tablets, smart phones, smart watches, and Internet of Things (IoT) devices.

Keychain Core Capabilities

Self-sovereign identity
Enables users to create digital identities in a self-sovereign way.

Data-centric security
Secures any data on any device anywhere in the world with requiring trusted third parties, regardless of the security of the storage and network environments.

Secure workflows
Secures business workflows, such as payment settlement, with full auditability while maintaining confidentiality.

Secure contracts
Enables globally compatible digital contract signing and processing.

Digital assets
Enables regulated organizations to issue custom digital assets. For example: central bank and municipal digital money, energy credits, and gaming assets.

[Keychain Core and integration with existing system]
Keychain Core (TM) elements and integration with partners

JCB-Keychain Collaboration

With Keychain’s technology, JCB aims to increase cyber security and operational integrity in next-generation payments systems, providing JCB users new and delightful ways to engage in everyday payments.

*Keychain Core is a trademark of Keychain.

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