JCB and Keychain develop blockchain-based micropayment infrastructure for IoT

Japanese credit card scheme JCB is collaborating with Singapore's Keychain to develop a a secure infrastructure for processing credit-based micropayments between IoT devices.The innovation seeks to enable direct human-to-machine and machine-to-machine payments at scale without the confines of credit cards.The initiative will exploit Keychain's distributed ledger infrastructure to reduce operational risks related to data security by providing each IoT device with a unique, blockchain-based, s
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