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Track: Layer 1
Japan Open Chain (JOC) is an L1 blockchain optimized for enterprise applications, offering a practical balance between decentralization and scalability. JOC uses the "Proof of Authority(PoA)" consensus algorithm, which can guarantee sufficient reliability and excellent scalability as long as it is operated by trusted validators.
Additionally, JOC is a public chain compatible with Ethereum that operates under Japanese laws known for stability in politics and legal matters. JOC's validators are composed of companies and organizations highly trusted in Japanese society, including Sony Group, NTT Group, Dentsu Group, and several universities, ensuring compliance with Japanese laws and regulations. This effectively eliminates risks such as hacking and forks, ensuring a high level of security, stability, and reliability. For those looking to use an Ethereum-compatible chain in finance and business sectors, JOC is a safe choice.
JOC