Shiden Network starts to support $JPYC
We are really excited to tell you that Shiden Network has started to support $JPYC on their chain from November 1st, 2021.
As a result, $JPYC will be able to be issued and distributed on the Kusama ecosystem, which is expected to further improve the convenience of JPYC as a means of payment.
$JPYC is currently distributed mainly on Ethereum and Polygon, but in order to further increase its convenience as a means of payment, further expansion of the networks that support $JPYC is essential.
That’s why we are pleased to announce that JPYC is now compatible with the Shiden Network, a public blockchain from Japan.
By enabling the issuance and distribution of $JPYC on the Kusama ecosystem, we will contribute to the further enhancement of the value of $JPYC as a means of payment, and accelerate the global expansion of Shiden Network, a public blockchain from Japan.
What Is Shiden Network?
Shiden Network is built on the same code base as Astar Network (formerly Plasm), a public blockchain also from Japan, and is designed to connect to Kusama Network, an experimental network one tenth the size of Polkadot Network.
Polkadot/Kusama does not have smart contract functionality and is focused on connecting different blockchains together.
Therefore, there is a great need and potential for projects that connect to Polkadot/Kusama and support smart contracts, such as Astar Network and Shiden Network. Siden Network has similar functionality to Astar Network and aims to be a hub for distributed applications supporting Ethereum and WebAssembly based smart contracts in Kusama Network.
▼Web page: https://shiden.astar.network/
What You Can Do With This Release ?
With this release, from now, you all can use our pre-paid stable-coin $JPYC on Shiden Network.
As mentioned earlier, this will lead to greater potential as a payment, which in turn will allow for the creation of more payment opportunities while providing significant benefits such as lower fees.
Where You Can Buy $JPYC ?
$JPYC is available at the JPYC Sales Office in the official JPYC Apps.
(If you want to buy it right now, please click the link below.)
▼JPYC Apps : https://app.jpyc.jp/
You can purchase them by selecting “Shiden Network” in the remittance destination network.