Japan Smart Chain Launches Testnet and Compliance Demo
The Japan-based Layer-1 blockchain project unveils its first testnet alongside a demo for its regulatory compliance infrastructure, marking a step forward in regulatory readiness.
Summary
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Terms & Concepts
Testnet: A testing environment for a blockchain that allows developers to experiment without using real assets.
Regulatory Compliance: Procedures and systems implemented by blockchain projects to adhere to governmental and legal standards.