Japan Smart Chain Welcomes Densan System as a New Vision Partner

AltX Research has announced that Densan System has joined as a Vision Partner for “Japan Smart Chain (JSC),” a Japan-sovereign Layer 1 blockchain developed by AltX Research.

JSC is the foundational, Japan-sovereign blockchain platform, featuring full compatibility with Ethereum and validated entirely by domestic industry leaders. It is engineered as a “compliance-first” Layer 1, embedding blacklist enforcement and transaction prioritization - making it a trusted infrastructure for regulated digital-asset services with regulatory integrity but without sacrificing usability.

Built on top of this foundation is Mizuhiki, a modular trust suite providing everything required to anchor verified identity, regulatory compliance, and risk management directly on-chain. Designed for flexibility across industries and use cases, businesses can launch and manage regulated digital services without relying on fragmented off-chain processes.

Densan System has built a strong track record of trust and reliability in the payment agency industry, providing settlement and collection services at over 65,000 retail locations across Japan, including convenience stores and drugstores. In response to rapid technological innovation and the accelerated shift toward cashless payments, the company has been actively exploring new service domains enabled by emerging technologies.

Following its capital investment in JPYC Inc. in 2024, Densan System began developing a blockchain-based infrastructure for distribution and payments in the B2C space. This includes next-generation payment services and Web3 wallet solutions, leveraging proprietary blockchain technology developed in-house by Densan System.

As part of this ongoing initiative, Densan System has entered into a Vision Partner agreement with JSC. The company aligns with JSC’s mission and will work together to create practical use cases that support the social implementation of blockchain-based distribution and payment infrastructure, as well as next-generation financial services in Japan.

Densan System and JPYC Partner on Joint Study of Japanese Yen Stablecoin “JPYC”

Densan System has concluded a basic agreement with JPYC Corporation for a joint study toward the social implementation of payment, remittance, and settlement services utilizing the Japanese yen stablecoin “JPYC”. Overview of This Agreement Both companies will iteratively develop use cases for B2C/B2B payments and inter-company settlements by utilizing

Japan FinTech ObserverNorbert Gehrke