Japan Card Issuer JCB to Include Blockchain Tech for B2B Payments

Financial giant and card provided JCB and Paystand, a payment network that leverages blockchain technology, have entered into an agreement to create the first end-to-end blockchain-powered B2B digital payment platform for Japanese enterprises and JCB’s customers in Japan and Asia, according to a press release from the companies.
The annual value of the transactions in the B2B market where JCB operates amounts to $10 trillion USD annually. Most of these transactions are cash payments, as on