Japanese digital currencies platform DeCurret DCP Inc. has partnered internet service provide Internet Initiative Japan Inc. (IIJ) to to launch digital currency.
The duo said in a statement on Wednesday that IIJ has started digital assetization of environmental values and settlement transactions in the digital currency DCJPY minted by GMO Aozora Net Bank in the DCJPY Network, a system released by DeCurret DCP for production verification this July.
The duo noted digital currencies have the potential to improve the convenience of cashless settlement, to achieve transparency and immediacy of transactions, to reduce operating cost, and to facilitate the creation of new financial services.
According to the statement, GMO Aozora Net Bank is taking on the challenge of creating new forms of deposit accounts and currencies in anticipation of further digital transformation (DX) of society, as one of the new initiatives in its banking as a service (BaaS) business.
The bank is taking on the role of a minting bank for the digital currency DCJPY.
IIJ, which has been providing a non-fossil certificate proxy procurement service for customers using the Shiroi Data Center Campus since October 2023, will now convert environmental values into digital assets on the blockchain and start settlement transactions through DCJPY.
In addition to the existing use at the data center, IIJ will consider the possibility of secondary distribution of the digitalized environmental value, aiming to provide a new service that responds to the growing interest in carbon neutrality.
In addition to this environmental value, DeCurret DCP is also working to create a new economic sphere through publicly offered self-subscribed digital securities and DAO Fun Token services, etc.
Through the provision of the DCJPY Network, DeCurret DCP will continue to contribute to a variety of business DX in the future.
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