{"id":5162,"date":"2023-12-13T02:05:47","date_gmt":"2023-12-13T02:05:47","guid":{"rendered":"https:\/\/softspace.com.my\/?p=5162"},"modified":"2026-06-08T06:25:21","modified_gmt":"2026-06-08T06:25:21","slug":"jcb-idemia-and-soft-space-launch-jcbdc-phase-2-pilot-to-trial-cbdc-offline-p2p-payments","status":"publish","type":"post","link":"https:\/\/softspace.com.my\/?p=5162","title":{"rendered":"JCB, IDEMIA, and Soft Space Launch \u201cJCBDC\u201d Phase 2 Pilot to Trial CBDC Offline P2P Payments"},"content":{"rendered":"
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Transfer CBDC by tapping phones!<\/p><\/div>\n

Kuala Lumpur & Tokyo & Paris, 13th December 2023 – Japan’s only international payment brand JCB Co., Ltd. (“JCB”) has launched the \u201cJCBDC\u201d (JCB Digital Currency) Phase 2 pilot project with IDEMIA, a global leader in identity technologies, and the world\u2019s leading fintech company Soft Space Sdn Bhd. (“Soft Space”).<\/p>\n

In Phase 1 of the JCBDC project, JCB, IDEMIA, and Soft Space developed a CBDC (Central Bank Digital Currency) payment solution<\/strong>, enabling merchants to accept CBDC without the need to modify their POS (point of sale) terminals and payment cards. This solution was successfully piloted in Tokyo in 2023, which has enabled JCB, IDEMIA, and Soft Space to proceed to the next phase of the project.<\/strong><\/p>\n

In Phase 2 of the JCBCD project<\/strong>, customers will be able to transfer CBDC funds from one person to another person using their cards and mobile phones even without Internet connectivity. These offline P2P (peer-to-peer) fund transfers can either be done from one card to another with a mobile NFC device as an intermediary, or from one mobile NFC device to another mobile NFC device directly. This project is compliant with the open WLA (White Label Alliance at https:\/\/wla-payment.org\/<\/a>) payment standard and using secure elements to ensure optimal security.<\/p>\n