Japan Open Chain (JOC) is a public blockchain based on Layer 1 technology, specially designed for business use with an optimal balance between decentralization and scalability. It utilizes the 'Proof of Authority (PoA)' consensus mechanism, which offers high reliability and excellent scalability when operated by trusted validators. Additionally, JOC is compatible with Ethereum and operates under Japanese jurisdiction, benefiting from the country's political and legal stability. Its validator network consists of highly reputable Japanese corporations and institutions such as Sony Group, NTT Group, Dentsu Group, and universities, ensuring compliance with Japanese laws and regulations. This configuration greatly reduces the risks of hacking and chain forks, resulting in a secure, stable, and ...
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