Quantstamp Enters Japanese Market with Acceptance to Plug and Play Fintech Accelerator
Quantstamp Head of APAC Kei Oda and CEO Richard Ma at Plug and Play Japan
Quantstamp is proud to announce its acceptance into the first batch of Plug and Play Japan. Plug and Play Japan is a startup accelerator that provides direct access to some of Japan’s largest enterprises including Nissan, Panasonic, and MUFG. Plug and Play Japan is part of Plug and Play, a Silicon Valley-based accelerator and corporate innovation platform with over 25 locations globally.
At Plug and Play Japan, Quantstamp will have the opportunity to accelerate its business development by creating alliances with Japanese enterprises and exploring relationships in the Japanese market. Quantstamp’s goal in Japan is to help enterprises adopt blockchain applications and smart contracts in a secure way. They will also assist partners with understanding high-value use cases, best practices, and the required technical know-how for blockchain and smart contract technology.
“Japan is not only one of the largest economies in the world, but has taken a leading stance towards cryptocurrency regulation,” said Richard Ma, Quantstamp CEO. “Our acceptance into Plug and Play will help us collaborate with local partners, and help onboard them onto smart contract technology in a secure way. We are excited to help pave the way for the mainstream adoption of smart contracts in Japan.”
Plug and Play is the leading innovation platform that specializes in growing tech startups and connecting them with corporate partners. Plug and Play’s global network includes over 6,000 startups, 220 official corporate partners, universities, enterprises and investors. Since its founding, Plug and Play startups have raised over $7 billion in funding in verticals such as FinTech,Insurtech, IoT, and Brand & Retail amongst others. It has helped back companies including Paypal, DropBox, Lending Club and more.
Based in Tokyo, Plug and Play Japan’s fintech accelerator is a three month program that connects the best early-to-growth stage startups with its network of established corporate partners, such as financial institutions, insurance companies, and manufacturers. With an acceptance rate of 8%, Plug and Play’s startup accelerator programs are highly selective.
“When we choose startups for our program, we look at the potential of the technology and its relevance to our enterprise partners as well as the Japanese market in general,” said Philip Vincent, managing partner at Plug and Play Japan. “We chose Quantstamp because we believe they have a disruptive technology, and we think they can lead the way for the blockchain ecosystem here in Japan.”
For more information about Plug and Play Japan, click here