Japan Open Chain
$0.0286
3.0%(24h)Today
3.0%
30 Days
25.5%
Price Change (24h)
$0.000828
Price of Japan Open Chain Today
The live price of Japan Open Chain is $0.0286 per JOC/USD, +2.98% in the last 24 hours. It has a market cap of $1.23M and $975.00 in trading volume over the same period. Prices are averaged across every exchange we track and update continuously.
Current price
$0.028624h high
$0.028624h low
$0.027024h
+2.98%7d
+9.03%30d change
+25.46%JOC Market Stats
Rank
#4590
By market cap
Market Cap
$1.23M
24h Volume
$975.00
Across 1 exchanges
FDV
$28.63M
If all tokens were issued
Circulating Supply
—
Total Supply
1B JOC
Max Supply
—
No fixed cap
Listed on
1 exchanges
Where to buy Japan Open Chain
Japan Open Chain is available on 1 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Gate | JOC_USDT | $1.34K | Buy JOC on Gate |
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What is Japan Open Chain?
Japan Open Chain is a public blockchain designed for business use, operating as an Ethereum-compatible Layer 1 network. It employs a Proof of Authority consensus mechanism, which relies on a set of trusted validators to maintain network reliability and achieve higher transaction throughput. The chain is run by established Japanese companies and institutions, and operates under Japan's legal and regulatory framework, which is intended to provide a stable environment for enterprises and financial entities.
The network's performance is notably higher than that of Ethereum's mainnet, with the capacity to process a larger volume of transactions per second, particularly for simple token transfers. This efficiency aims to reduce transaction costs for businesses and developers. Japan Open Chain supports various digital assets, including NFTs, tokens, and stablecoins, and has been involved in pilot projects, such as a local government initiative that integrates NFTs and stablecoin trials with financial institutions. These efforts focus on ensuring compliance and practical usability within regulated sectors.