Tokyo, Japan, Dec. 09, 2024 —

Nethermind, a leader in blockchain technology, has joined Japan Open Chain (JOC) as a validator, expanding its presence in the Asia-Pacific region. This collaboration strengthens Nethermind’s commitment to advancing blockchain technology and decentralized systems in the APAC region.

Enhancing Blockchain Infrastructure
Nethermind’s expertise in Ethereum node software and high-performance blockchain technology will enhance JOC’s scalability and efficiency. Their proven ability to achieve 1 GGas/s throughput on a single node promises significant improvements to JOC’s speed.

Innovation Through Collaboration
Beyond performance improvements, Nethermind will contribute its research capabilities to JOC, focusing on cutting-edge scaling solutions to further elevate the network’s capabilities.

APAC Growth and Technological Leadership
Nethermind’s APAC expansion, including offices in Singapore and Japan, reflects the region’s growing importance in blockchain technology. By partnering with JOC, a key player in Japan’s digital asset revolution, Nethermind aims to contribute its engineering expertise and strategic insights to the ecosystem’s growth.

“Our partnership with JOC highlights Nethermind’s dedication to fostering a decentralized digital economy within the strategic APAC region, especially in Japan, a pioneer in institutional blockchain adoption,” stated Delane Foo, Nethermind’s APAC Regional Managing Director.

Future Developments
This collaboration will enhance Japan’s blockchain infrastructure and drive innovation across the APAC blockchain landscape.

“Nethermind’s role as a validator is a significant step for Japan Open Chain. Their Ethereum expertise and advanced blockchain solutions will create a more robust and high-performing network, advancing Japan’s blockchain ecosystem,” commented Hidekazu Kondo, CEO of the Japan Blockchain Foundation.

Nethermind’s involvement with JOC advances the development of decentralized ecosystems and high-performance solutions for APAC enterprises.

About Japan Blockchain Foundation Co., Ltd.
The Japan Blockchain Foundation manages Japan Open Chain, a business-oriented blockchain tackling social challenges using blockchain technology. This initiative is operated by reputable Japanese companies in accordance with Japanese law, offering various blockchain types tailored to business needs.

To ensure responsible blockchain usage, the foundation develops and operates private, consortium, and public blockchains.

About Japan Open Chain
Japan Open Chain is a fully Ethereum-compatible Layer 1 public blockchain prioritizing practicality. Operated transparently and legally in Japan, it collaborates with leading enterprises and Web3 innovators. It offers a fast, low-cost, secure and convenient blockchain infrastructure optimized for finance and business applications, serving domestic and international needs.

About Nethermind
Nethermind is a blockchain research and software engineering company empowering enterprises and developers to build on decentralized systems. Focusing on Ethereum, DeFi, security, and advanced technologies like Zero Knowledge and AI, Nethermind significantly contributes to Ethereum’s development. Its execution client powers over a quarter of the network’s synchronized nodes and actively supports the Starknet ecosystem.

With over 300 global team members (including 250+ engineers), Nethermind assists institutional partners with advanced blockchain and digital asset solutions. Headquartered in London with offices in Singapore and Tokyo, Nethermind is committed to expanding its APAC presence and blockchain leadership.

Media Contact:
Contact Person: Aaron Koh, Head of Institutional Marketing, Delane Foo, Managing Director (APAC)
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CONTACT: aaron.koh (at) nethermind.io

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