On Friday, JCB announced a strategic partnership with TECHFUND, the technology startup accelerator. The purpose is for the Japanese credit card and payments firm to build a payment system using blockchain. The big question is whether it’s exploring public blockchain or is just using the accelerator to access entrepreneurs.
TECHFUND has some existing blockchain initiatives which may or may not be relevant to the planned payments platform. For example, it helps entrepreneurs with security token offerings and has a blockchain as a service platform to enable startups to create blockchain applications faster using Ethereum, NEO, List and NEM.
We reached out to find out whether the JCB work will involve public blockchains but did not receive a response in time for publication.
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