JCB, IDEMIA and Soft Space launch JCBDC pilot to test CBDC in-store payments JCN Newswire

JCB, IDEMIA and Soft Space launch JCBDC pilot to test CBDC in-store payments

TOKYO & PARIS & KUALA LUMPUR, Oct 24, 2022 - (JCN Newswire via SEAPRWire.com) - Japan's only international payment brand JCB Co., Ltd. ("JCB") has launched "JCBDC" (JCB Digital Currency) pilot project with identity technologies no. 1 IDEMIA and the world's leading fintech company Soft Space Sdn. Bhd. ("Soft Space"). JCBDC pilot will develop a CBDC (Central Bank Digital Currency) payment solution and conduct a pilot test with Tokyo merchants.Over the past few years, central banks in many countries and regions have been testing CBDCs that should soon be widely accepted by consumers and merchants. However, merchants might be reluctant to accept them, and mass-market rollout may be held up by people without smartphones, like children and the elderly, who could find the user interfaces and payment systems hugely challenging.As a result, JCB will have CBDC acceptance tested using existing JCB Contactless (JCB's EMV(R) based contactless payment) merchants, POS terminals and plastic card-based user interfaces, with guidance from IDEMIA and Soft Space.JCB, IDEMIA and Soft Space will conclude payment system development by late 2022 and conduct the pilot test with Tokyo merchants until March 2023."It gives me great honour to announce our collaboration with IDEMIA and Soft Space on this project," said Koremitsu Sannomiya, Board Member, Senior Executive Officer of JCB. "This project proves that we can use existing payment acceptance hardware for new CBDC payment systems, which is a huge benefit for both consumers and merchants.""We at IDEMIA firmly believe that CBDCs are redefining the very fundamentals of the payment ecosystem. We're proud that our ability to innovate has enabled CBDC payments with existing card and POS terminal hardware. IDEMIA's, JCB's and Soft Space's joint payment system expertise will usher in worldwide CBDC growth," said Romain Zanolo, IDEMIA Managing Director APAC Financial Institutions."We're thrilled to be first in the world to trial CBDC acceptance on SoftPOS alongside our partners JCB and IDEMIA. Although CBDCs are still in their infancy, this pilot takes us forward from theory to reality, by harnessing our in-store payment experience and existing payment platform expertise," said Soft Space CEO Joel Tay.*EMV(R) is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 39 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/JCB ContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jpAbout IDEMIAAs a leader in identity technologies, IDEMIA is on a mission to unlock the world and make it safer. Backed by cutting-edge R&D, IDEMIA provides unique technologies, underpinned by long-standing expertise in biometrics, cryptography, data analytics, systems and smart devices. IDEMIA offers its public and private customers payment, connectivity, access control, travel, identity and public security solutions. Every day, around the world, IDEMIA secures billions of interactions in the physical and digital worlds. With nearly 15,000 employees, IDEMIA is trusted by over 600 governmental organizations and more than 2,300 enterprises spread over 180 countries, with an impactful, ethical and socially responsible approach. For more information, visit www.idemia.com and follow @IDEMIAGroup on Twitter.About Soft SpaceFounded in 2012, Soft Space is the world's leading SoftPOS player headquarters in Kuala Lumpur, Malaysia. Soft Space simplified the complexity of financial infrastructure and creates value-added features for businesses to expand their business growth. With over 50 financial institutions and partners across 23 global markets adopting its payment solutions, Soft Space is supported by MDEC's Global Acceleration and Innovative Network (GAIN) programme and received financial support through MIDA's Domestic Investment Strategic Fund in 2022. In 2018, Soft Space ranked 66th out of 1000 companies in Financial Times 'FT 1000: High Growth Companies in Asia Pacific' Special Report. Subsequently in 2020, Soft Space is also recognise as one of IDC's Fastest Growing Company. For more information, please visit: https://www.softspace.com.myNuraqilah IbrahimMarketing AssociateTel: +603 7494 1222Email: nur.aqilah@softspace.com.my Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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NTT DATA and DENSO Start to Build an Industry-wide Ecosystem for EV Batteries JCN Newswire

NTT DATA and DENSO Start to Build an Industry-wide Ecosystem for EV Batteries

KARIYA, JAPAN, Oct 13, 2022 - (JCN Newswire via SEAPRWire.com) - In September 2022, NTT DATA Corporation ("NTT DATA") and DENSO Corporation ("DENSO") started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data.Overview of the Global Trusted DataspacesThe new battery regulation currently being reviewed in Europe will require disclosure of CO2 emissions and the resource recycling rate throughout battery lifecycles to the European Commission. In the future, when Japanese companies sell EVs, including battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs), in the European market, they will be required to meet this regulation in Europe. To make this possible, it is necessary to build a common platform for securely sharing data between suppliers in the value chain, instead of requiring respective companies to meet the regulation individually.NTT DATA and DENSO have therefore jointly applied for the solicitation of proposals under the subsidy program of the Ministry of Economy, Trade and Industry (METI) to create an industry-wide ecosystem for EV batteries. The two companies were officially approved as business operators in September 2022.(1) In the future, the platform used for the ecosystem is intended to serve as a next-generation information infrastructure, allowing for the secure use of data among companies in different industries, including EV batteries.NTT DATA and DENSO will launch a study on a common platform for the automotive and manufacturing industries with the aim of commercializing services by the end of FY2023.1. BackgroundTo solve social issues such as attaining carbon neutrality, a recycling-oriented society, and human rights due diligence, a new mechanism is required for accurately distributing the data possessed by respective organizations across the supply chain. To prevent differences in business practices and legal regulations in respective countries and regions from hampering data distribution, data-sharing platforms have been studied in various countries in collaboration with many companies and organizations. Examples include building mechanisms such as Gaia-X,(2) which is a common standard for data distribution platforms in Europe, and Catena-X,(3) which is led by German automakers and IT companies.It is expected that Japanese companies that do business with German automotive companies will be required to distribute data via Catena-X. If they do so in accordance with the batteries regulation in Europe, data related to trade secrets, such as information on the raw materials of automotive components and order taking and placement, in addition to the carbon footprint ("CFP") information, will be stored in data centers located overseas. This may raise concerns for Japanese companies from the viewpoint of information management. Thus, Japan needs a unique system which can be interconnected with data spaces(4) in Europe while safely ensuring data management based on Japan's policy.To take on this challenge, NTT DATA and DENSO will launch a study on a data space for the automotive and manufacturing industries ("the data space") to manage life cycle data on EV batteries and build an industry-wide ecosystem for EV batteries.2. Specific effortsNTT DATA and DENSO will study a method for calculating the CFP information of the supply chain, which is required to build an industry-wide ecosystem for batteries that are crucial for the spread of EVs, and for visualizing environmental considerations in terms of scarce resources and human rights (human rights and environmental due diligence ("DD")) in the data space.As part of such efforts, NTT DATA and DENSO jointly applied for a METI subsidy program for FY2022 and were approved as business operators in September 2022. The two companies will work with relevant organizations to study a way of sharing, accumulating, and exchanging information on the calculation of CFP and implementation of DD in an industry-wide ecosystem for batteries. NTT DATA has worked with Nippon Telegraph and Telephone Corporation ("NTT") and NTT Communications Corporation ("NTT Com") to build the platform and create Japan's data space, which is connected to platforms for safely exchanging data between companies.Note 5 In this study, NTT DATA will collaborate with NTT Com and build the data space by leveraging the know-how of NTT DATA, which has a track record in building and operating large-scale social platforms.Meanwhile, DENSO has been developing traceability technology for safely managing information of individual parts and products on data platforms by utilizing the QR Code, which was developed in-house, and block chain technology, which is used in all industries, and connecting physical "things," including in-vehicle batteries, with "data" on battery life and raw materials accompanying individual parts and products. In this study, DENSO will identify issues in the industry and study business requirements by harnessing its technologies and wealth of know-how in the automotive industry with a view to utilizing traceability technology in various industries in the future.3. Future visionNTT DATA and DENSO aim to commercialize the service by the end of FY2023 in anticipation of the batteries regulation in Europe, which will partially come into force in 2024. In line with this study, the two companies will also start to examine the establishment of a new organization for operating the data space.NTT DATA and DENSO will also establish a structure and system in Japan and deploy them in Asian countries where Japanese cars are widely used, with the aim of creating a platform which will be widely used both in Japan and overseas in the future.(1) NTT DATA and DENSO applied for the following subsidy program of METI (secretariat of the subsidy program: Green Investment Promotion Organization, a general incorporated association), and their proposal was accepted."Project Expense Subsidies for Demonstration and Support to Cope with CASE, Including Autonomous Driving, in FY2022 (Project to Promote Creation of a Healthy Product Ecosystem and Establishment of Rules)" (carbon footprint and reuse/recycling as well as creation of a global trusted dataspaces)www.meti.go.jp/information/publicoffer/saitaku/2022/s220920001.html (in Japanese)www.teitanso.or.jp/case/ (in Japanese)(2) Gaia-X is an initiative announced by the German and French governments in October 2019 to support data sharing via infrastructure that ensures data protection, transparency, reliability, and interoperability to protect the rights of European companies, governments, institutions and citizens.(3) Catena-X is a data ecosystem operated by German automakers and suppliers for the secure distribution of parts information and other data among related companies.(4) A data space is managed based on a single policy.(5) Regarding past efforts, refer to the following press releases.*NTT Com Demonstration Test to Link GAIA-X Platform's "IDS Connector" Technology and SDPF based on Data Trust (September 2020)www.ntt.com/en/about-us/press-releases/news/article/2020/0928.html*NTT Com's Prototype Platform Securely Shares CO2 Emissions-related Data from Switzerland to Sites in Germany and Japan (April 2021)www.ntt.com/en/about-us/press-releases/news/article/2021/0408.html*NTT Com Starts Interconnection Trials Using Platform Connecting Gaia-X (European Secure Data-sharing Platform for Supply Chain Companies) with Systems of Domestic and Overseas Companies/Organizations (October 2021)www.ntt.com/en/about-us/press-releases/news/article/2021/1014.html*NTT Com and NTT DATA to Develop Data-sharing Eco-system that Interconnects with Europe's Catena-X Platform to Protect Data Sovereignty (May 2022)https://group.ntt/en/newsrelease/2022/05/26/220526b.html*NTT DATA Publishes White Paper on the Architectural Concept for Its Global Trusted Dataspaces (June 2022) bit.ly/3rRhQsh(6) iQuattro is a business collaboration & IoT platform offered by NTT DATA. https://iquattro.nttdata.com/ (in Japanese)*The names of products, companies, and organizations in this release are trademarks or registered trademarks of respective companies.About NTT DATANTT DATA - a part of NTT Group - is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, IT modernization and managed services. NTT DATA enables clients, as well as society, to move confidently into the digital future. We are committed to our clients' long-term success and combine global reach with local client attention to serve them in over 50 countries. Visit us at nttdata.com.About DENSODENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Toyota Launches the New Sienta in Japan JCN Newswire

Toyota Launches the New Sienta in Japan

Toyota City, Japan, Aug 23, 2022 - (JCN Newswire via SEAPRWire.com) - Toyota Motor Corporation (Toyota) announces today that it has commenced sales of its completely redesigned Sienta minivan in Japan on August 23.Sienta Z 7-seater 2WD hybrid model; Model with options shownHighlights:- Evolving the Sienta's key features of the driving ease of a compact car and convenience of a minivan that have been maintained from the first generation- Supporting safe and comfortable everyday life as an even better companion for the lives of Japanese families- Even more comfortable second-row seats with an easy-to-manage length- Achieving a cabin space where passengers of all ages can relax easily in comfort- Pursuing a design that blends into the everyday life of customers by providing a spacious interior and good maneuverability- Available with Toyota Safety Sense and Toyota Teammate, the latest safety and security features- Offering a vehicle that can be customized to meet each customer's individual needs by combining a wide variety of dealer-installed options- Supporting each customer's vehicle needs as a companion for each new life stageThe Sienta was launched in September 2003 as a vehicle that combines the convenience of a minivan, with a spacious cabin and seating for seven passengers, into a compact body size. Each generation of the Sienta has provided solid support for family life by remaining consistently close to Japanese families and carrying a deep understanding of changing customer values from the very first generation. This consideration in design has earned driver loyalty and passenger admiration.The development team once again considered customer feedback and tried to uncover their real hopes for the Sienta in developing this new model. The conclusion they reached was preserving the vehicle's easy-to-manage length, latest safety and security features, fuel economy, and affordable price while further refining the user-friendly cabin space preserved from the first generation. The team has ensured a cabin space that seven adults can ride in without changing the length and width, making it a better companion that matches customer lifestyles. The second-row seats, where most passengers sit, have been re-designed to provide more spacious rear seat space for both legroom and head clearance. In addition, the new Sienta adopts a revamped powertrain that achieves both fuel economy and driving performance through TNGA, as well as the latest safety and security features in support of family drives. The consideration that has been added to the new Sienta will bring smiles to the faces of the whole family.For the details of the new third-generation Sienta, visit https://global.toyota/en/newsroom/toyota/37542220.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Chenjiagou Taichi Grand Space in Wen County, Henan Province creates “Taichi New IP” SeaPRwire

Chenjiagou Taichi Grand Space in Wen County, Henan Province creates “Taichi New IP”

Henan, China, July 29, 2022 – (SEAPRWire) – After ten days of fierce competition, The “Impression Taichi Cup” Wen County Second Martial Art Championship ushered in the finals on July 15, 2022. 20 contestants showed their strength in the Taichi Grand Space and competed for the championship of many competitions. As the birthplace of Taijiquan, Wen County in Henan Province has an unusual position in Taichi martial arts, and the annual Wen County Martial Art Championships also attract the attention of all sectors of society.In addition, the venue of this competition, Taichi Grand Space, is a multi-functional sports and entertainment venue specially built for Taichi culture, integrating science and technology such as multimedia digital technology empowerment, high-definition imaging system, virtual and augmented reality,etc.In conjunction with the movement-style experience art “Impression Taichi” with Zhang Yimou as the artistic consultant, it brings a completely different and extreme sensory experience to the audience. New immersive interactive viewing mode That night, the finals of the Taichi Pushing Hands event were fiercely contested, with the women’s 50kg, 60kg, over 60kg, and the men’s 50kg, 55kg, 60kg, 65kg, 70kg, 75kg, 85kg and above respectively competing for the champion and runner-up.Taichi Pushing Hands is a double person free-hand confrontation exercise of Taichi, which can best show the confrontational aspect of Tai Chi.The two sides use techniques such as “Peng (warding off), Lv (rolling back), Ji (pressing), An (pushing), Cai (pulling down), Lie (splitting), Zhou (elbowing), and Kao (body stroke)” and other techniques to try to force the other side’s center of gravity to lose balance, thereby winning.Thanks to the combination of rigidity and softness in Taijiquan, Taichi Pushing Hands has both the fierceness of martial arts competition and the harmonious oriental rhythm, which is very ornamental. Different from the ordinary martial arts competition venues in the past, the Taichi Grand Space is a typical ring theater structure, with a square arena that can be rotated 360 degrees in the middle.Above the arena, there are two layers of square electric liftable projection screen. The auditorium surrounds the center stage and is divided into inner and outer rings.The entire competition process, combined with lighting, projection, and the interspersed performance of “Impression Taichi”, opened up a new immersive interactive viewing mode for the audience. Taijiquan originated in Chenjiagou, Wen County. It was created by Chen Wangting on the basis of home-based boxing in the 17th century, combining Yixue and traditional Chinese medicine. After hundreds of years of inheritance, it has been widely spread and inherited both at home and abroad.At present, Taijiquan is spread in more than 150 countries and regions, and more than 80 countries and regions have established Taijiquan organizations.Tracing back to its origin, Taijiquan’s longevity is not only because of the charm of Chinese martial arts, but also because of the Chinese cultural connotation and philosophical wisdom carried by Taijiquan.Therefore, “Tai Chi” was included in the UNESCO Representative List of the Intangible Cultural Heritage of Humanity in 2020. Multi-angle and multi-level creation of “Tai Chi culture IP” Chenjiagou in Wen County, as the “Holy Land of Taijiquan”, every year martial arts competitions attract the attention of all walks of life. The number of athletes participating in this competition has reached nearly 1,000, which can be described as a grand event in the martial arts world.As the venue of the event, Taichi Grand Space is a multi-functional venue for Tai Chi culture, sports and entertainment built by Henan Zhixing Culture and Tourism. It was built by the top design team of the Architectural Design and Research Institute of Tsinghua University and won the Bronze Award of the 2020 World Architecture News Network Awards. For Taichi Grand Space, technologically innovative venues are the foundation of “Tai Chi Culture IP”.The two core projects, “Impression Taichi” movement-style art performance and “Exhibition Taichi” Tai Chi Cultural Experience Hall, are the display windows of its “Tai Chi World View”.According to reports, “Impression Taichi” is the latest chapter in the “Impression Series” created by Zhang Yimou’s team.Different from the previous “Impression Series”, “Impression Taichi” breaks through the concept of real landscape art performance, and interprets the “shape” and “spirit” of Taijiquan culture with a movement-style structure and international artistic expression techniques.It can be said that “Impression Taichi” is an important sign of the development of the Impression series from “cultural tourism performance empowerment” to “cultural IP creation”. The “Exhibition Taichi” Experience Hall takes the development of Taijiquan in Chenjiagou and the development of Taichi in the long history as the main line.Through interactive experience, new media technology, artistic expression and other forms, it will interpret and condense the history and world cultural status of Tai Chi culture. Taijiquan is one of the most cultural symbols with Chinese characteristics, Taichi Grand Space breaks traditional boundaries, combines the latest technology and trend development, and gives “Tai Chi”, a unique cultural IP in China, a new era of significance.And based on Chenjiagou, the “Tai Chi Holy Land”, Taichi Grand Space will show the symbol of Chinese Tai Chi culture to the world. The powerful combination of this martial arts championship and Taichi Grand Space has changed the traditional form of martial arts venues or sports venues in the past, upgraded it to a more artistic and technological “arena”, and given artistic and cultural performances.It can be said that it is a new attempt to the traditional Chinese culture that has been passed down for thousands of years.Through the empowerment of technology and art, this Taichi competition has also achieved public ticket sales + live broadcast for the first time, which is a milestone progress for Taichi industry culture. Media contact Company Name: Henan Zhixing Taichi Cultural Tourism Co., Ltd Contact Person:Media Team Email:zxwl@zxwenlv.com Tele:400 805 0101 Website: https://zhixingtaiji.com The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Quantum Generation and Plato collaborate to deploy a Fully decentralized Space base quantum Network by 2027 ACN Newswire

Quantum Generation and Plato collaborate to deploy a Fully decentralized Space base quantum Network by 2027

Raleigh, NC, Jul 15, 2022 - (ACN Newswire via SEAPRWire.com) - Quantum Generations Qubit Blockchain The first testing node was launched to low Earth orbit in 2018 on SpaceX and was the first generation of Blockchain to engage in the space race and quantum space revolution. Schedule to deploy the Plato Blockchain nodes in the 1st quarter of 2023. The partnership between the space industry and Blockchain is mutually beneficial. Conducting transactions via satellites will provide an even higher level of security and decentralization to distributed ledger technologies like Plato and Qubit Blockchain. Consequently, the quantum infrastructure is protected against any physical intrusion. Plato's robust WEB3 platform and data execution, coupled with Quantum Generations' quantum communications, data storage technology, and space-based Quantum Internet, will transform the digital economy and open up the last mile. Additionally, the collaboration will present a chance to advance space technology. We have opened up an exclusive membership program for the QG Community. Every new member will receive a Web3 address from the Plato's platform and be placed on the priority list for the QPhone and other products and services. "We are thrilled to be a part of such significant industry advancements. Furthermore, we are pleased to collaborate with a distinctive partner in Plato, which will now be the Fourth Blockchain to participate in this space race," said Larry Castro, CEO of Quantum Generation.The partnership represents a huge step toward the quantum space revolution and a new frontier. About Quantum GenerationQuantum Generation is developing 24/7 access with new sovereignty worldwide under a decentralized, incentivized, secure, and private platform. Space-Based Quantum Ecosystem QUBIT Blockchain Satellites and Quantum Generation Quantum Mesh Network. Creating the QG (Quantum Generation) Space-Based Social Community. QGWave (Quantum Frequency), transforming our global infrastructure in quantum communications, space-based banking, exchange, data storage, Decentralized social platforms, and more with QSAT quantum secure satellite constellation.Video: https://youtu.be/Wskld60-dc0 Web: https://quantumgeneration.ioAbout PlatoPlato is an open intelligence repository and platform that curate's the latest data intelligence across the innovation economy. The platform is designed to provide a safe and secure environment to consume sector-specific real-time data intelligence while delivering fully secure Web3 connectivity. Plato covers 27 Market Verticals across 27 languages. Plato's mission is to drive the shift to Web3 by organizing the technology sector via real-time research access across multiple data sets including an organized taxonomy consisting decentralized directories; news and intelligence, regulatory information, company fundamentals, pricing and liquidity, data analytics, OnChain data, people directory, dApp directory and GitHub contributions to the registry. Plato was designed to seamlessly connect users with thousands of Defi specific applicationsWeb: https://platodata.aiVideo: https://vimeo.com/557585798 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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