Japan's Top Think Tank Launches Blockchain Study
Japanense think tank Nomura Research Institute (NRI) has announced it will study blockchain technology to assess its use in the securities sector. Founded in 1965, the organisation is Japan's oldest private think tank, offering consulting services and provides IT solutions for various industries, including finance. The study, due for completion in January, will inform "opportunities for practical application," the NRI recently announced... A company spokesperson told CoinDesk: "We have done work on blockchain technology before this project, but it was internal. This is our first time to....
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A leading Japan-based think tank is considering ways it could build on its existing exploration of blockchain technology. First announced in late 2015, Nomura Research Institute (NRI), an affiliate of Nomura Holdings, is already working on private proof-of-concepts (P0Cs) with Nomura Securities and SBI Sumishin Net Bank (SBI Sumishin). The Tokyo-based firm is exploring the technology’s use cases in Japan, a region where there have been relatively few blockchain industry developments. In a new interview with CoinDesk, Kazumitsu Yokokawa, head of the financial services research and....
There is an increasing interest for blockchain technology in Japan, as NRI and Japan Exchange Group have started a new distributed ledgers trial. What makes this announcement even more appealing is how other major financial institutions are part of this collaboration as well, and the securities industry is one area where the blockchain can make a significant impact. NRI and Japan Exchange Blockchain Study. Many financial institutions around the world are taking a keen interest in blockchain technology, as there are a lot of opportunities and possibilities waiting to be explored. Nomura....
Professional services giant PwC is to launch a research project that will investigate the potential of blockchain tech in the wholesale insurance industry through a survey and proof-of-concept prototype. The proposed study will be a collaboration between PwC – which is sponsoring the project – and the Z/Yen think tank's Long Finance initiative. According to a statement from Z/Yen, the work will bring together industry stakeholders including wholesale brokers, insurers and re-insurers to create "a common view of the potential benefits that blockchain could bring". The think tank....
PricewaterhouseCoopers (PwC), the largest professional services firm in the world, is set to initiate research into blockchain tech by focusing on its potential uses in wholesale insurance. PwC to Test Insurance on the Blockchain. The research will be a collaborative project between PwC and Z/Yen, a consultancy think-tank located in the City of London.....
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies.” Employment Opportunities Meanwhile, as reported by one local media outlet, the authors of the report say Iran can increase employment opportunities across its economy if it enables the creation of more bitcoin mining farms. In their report, the....