SubQuery has announced its partnership with Japan Open Chain (JOC), marking a major milestone in Japanese blockchain technology and data management. This partnership introduces SubQuery’s advanced data indexing solutions to the JOC ecosystem, providing a powerful tool for developers and elevating the Japanese blockchain market to a new level of increased innovation and efficiency.
SubQuery improves Japan’s crypto infrastructure
Japan Open Chain is a leading blockchain platform that works perfectly with Ethereum technology, specially designed for business use. Run by a group of top Japanese companies, its strong and reliable setup makes it perfect for large corporate projects and government use. By teaming up with SubQuery, known for its fast and efficient way to organize blockchain data, Japan is making it easier than ever for developers to work with blockchain information. This collaboration is a big deal because it means developers can quickly access and manage data, which can greatly speed up the process of creating new and exciting apps.
🎉Drum roll, please! 🎉
We are excited to announce our support for Layer 1 blockchain, @Japanopenchain0!
Developers, get ready to say konnichiwa to streamlined data access at lightning speed as we revolutionize your blockchain experience! 🚀
Read it here ⏬ https://t.co/yUxtD49XNA pic.twitter.com/Nd6WVj8n3H
— SubQuery (@SubQueryNetwork) April 1, 2024
SubQuery has made a name for itself by offering a smart solution that makes processing blockchain data much easier. This is great for developers because it means they can spend more time coming up with cool new apps, rather than getting bogged down with the complexities of managing data. The partnership between SubQuery and Japan Open Chain demonstrates SubQuery’s commitment to helping developers advance Web3 technology in Japan.
Highlighting the importance of this partnership, Hidekazu Kondo, founder of Japan Open Chain, said: “Incorporating SubQuery into our platform accelerates data access for developers on Japan Open Chain, streamlining their experience within our growing ecosystem. This allows them to more easily and accurately build more dynamic projects in a public chain managed by a leading company.”
SubQuery’s approach to data indexing isn’t just about speed; it’s about providing a comprehensive and efficient developer experience. This includes offering an open-source SDK, comprehensive tools, thorough documentation, and dedicated developer support. Additionally, Japan Open Chain benefits from SubQuery’s enterprise-grade managed service, which has an infrastructure that can handle hundreds of millions of requests every day. This level of support is crucial for developers looking to build scalable and robust applications on the blockchain.
Sam Zou, Founder and CEO of SubQuery, shared his excitement about the partnership, saying: “Excited to announce our integration support with Japan Open Chain. Our indexing service provides cutting-edge tools, helping their community innovate and drive Web3 adoption in Japan.”
JOC is moving forward with a robust offering
SubQuery’s technology enables efficient and fast indexing of blocks, transactions, and logs, which is vital for developers who need to work with clean, indexed data. This can significantly reduce development time and increase the agility with which new features and applications can be brought to market. Additionally, SubQuery’s commitment to flexibility and developer control enables a more customized approach to project implementation, with features such as remote API calls, library imports, and automated Denial of Service (DOS) throttling checks.
The Japan Open Chain stands out because it is fully compatible with Ethereum’s blockchain, meaning any tools or smart contracts designed for Ethereum can work without the need for any changes. Even if it matches
in compatibility, it uses a different system to verify transactions, called Proof of Authority, instead of Ethereum’s Proof of Stake method.
The Japan Open Chain has addressed the challenge commonly associated with the Proof of Authority algorithm, namely the concentration of validators, by choosing its validators from prestigious Japanese companies. This group includes 21 highly renowned companies such as Sony Group, NTT Group, Dentsu Group, top universities and other leading companies based on revenue in Japan.
To ensure a diverse group of validators, the plan is to include not only large companies, but also credible companies involved in cryptocurrency and innovative startups that are expected to play an important role in the future ecosystem.