Japanese telecoms firm joins Oasys

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Updated March 28, 2023 | Published March 28, 2023

2 mins read

The company is the second Japanese operator to join the Oasys gaming blockchain over the past month.

Japanese telecom operator KDDI Corporation has joined the proof-of-chain public gaming blockchain Oasys.

By joining the blockchain, the firm hopes to explore the metaverse and align itself with companies like Square Enix and Sega Sammy Holdings.

Having recently launched its streaming and virtual shopping platform, KDDI will act as a digital asset wallet and become a validator for Oasys, helping secure and verify transactions on blockchains.

As it stands, KDDI is the second Japanese telecom operator to join Oasys, following a similar move from SoftBank Corp (the telecom arm of Softbank Group), last month.

Technology and gaming firms in Japan have been moving quickly as the country's prime minister Fumo Kishida announced plans to adapt to the metaverse and grow the crypto sector as part of its economic policy.

The country is pushing to encourage blockchain firms, thus opening opportunities to list tokens on exchanges, accelerating the facilitation of crypto businesses and embracing the industry.

Since launching its proof-of-stake gaming blockchain in February 2022, Oasys has partnered with 21 organizations including Sega and Square Enix, both of which are validators on the network.

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.
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