Concordium becomes first overseas platform to join Japan Blockchain Association

24 June, 2021

Swiss blockchain platform Concordium is has joined Japan Blockchain Association as a full member, according to an announcement. It now becomes the first overseas blockchain platform to join the Association, which comprises over 120 domestic and international companies and organizations.

The news comes only a week after Concordium launched the mainnet of its enterprise-grade blockchain, which features a unique built-in identity protocol.

The Japan Blockchain Association (JPA) was established in 2014 as the country’s first general incorporated association dedicated to the education and promotion of blockchain technology. From a small group of founding members, the JBA membership now includes international firms such as Microsoft and Deloitte, along with crypto-native companies such as Kraken and bitFlyer.

Concordium now joins them, becoming the first non-Japanese blockchain platform to do so.

“The Japanese vision for blockchain and cryptocurrency regulation fits very well Concordium’s regulatable, transparent, and sustainable blockchain,” said Lone Fønss Schrøder, Chief Executive Officer of Concordium.

In joining the JBA, Concordium aims to further its goal of building a stronger connection between blockchain technology and the real world. By participating in JBA activities and working together with other members, Concordium hopes to promote the adoption and development of blockchain technology in society.

The project is led and advised by senior business executives from industries including banking, automotive, logistics, retail, energy, and telecommunications. It has also established partnerships with several esteemed scientific institutions, including the Concordium Blockchain Research center Aarhus, Aarhus University, ETH Zurich, and the Indian Institute of Science.

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