Mizuho Financial Group And Cognizant Partner For Blockchain Project
Mizuho Financial Group is one of the front runners in Japan when it comes to embracing blockchain technology. Especially financial groups stand to gain a lot from using this technology in the future, and the decision by Mizuho to explore distributed ledgers is a vote of confidence for the digital currency ecosystem. Blockchain technology is gaining more positive attention from different business types all over the world. Whereas this technology will first and foremost be used in the financial sector, other users cases are being discovered on a regular basis. Mizuho Financial Group, a major....
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Private blockchains are making their way into the financial sector. Mizuho Financial Group and IBM are working on using this technology for settlement through virtual currency. The name Mizuho Financial Group is becoming synonymous with blockchain in the financial sector these days. In February of 2016, the financial institution partnered with Cognizant....
Japanese Bank Mizuho Financial Group has released a press release announcing their partnership with Cognizant, a leading provider of information technology, consulting and business process outsourcing services to build a blockchain solution for secure record keeping of documents among Mizuho’s various companies around the world. Mizuho has become another financial institution seeking to develop blockchain technology into their existing infrastructure as several other high-profile banks have as well recently. Mizuho states that the current goal of this project is to see how blockchain....
Japanese banking giant Mizuho Financial Group and technology firm IBM have announced a partnership to test blockchain technology used in settlements with virtual currencies, using code from the Linux Foundation-led Hyperledger project. Mizuho Financial Group, a prominent Japanese banking group that is notable for its blockchain-based endeavors with previous efforts such as a partnership with consulting firm Cognizant to build blockchain solutions for record keeping has revealed a new blockchain project with tech giant IBM. In a recent announcement, the Japanese financial group revealed a....
Mizuho Financial has announced it is seeking to develop a blockchain application for internal recordkeeping. The move, according to Mizuho, marks the “beginning of a strategic program” that will find the Japan-based financial services firm working with IT consulting firm Cognizant to leverage the technology to cut costs and improve its internal processes. As part of the deal, Cognizant will develop the blockchain solution, with the goal of enabling companies within the Mizuho group to sign and exchange sensitive documents with greater security and transparency. The project will initially....
Services giant Cognizant, a company known for its consulting and business process outsourcing services as well as being an information technology provider has joined the Executive Committee of the Chamber of Digital Commerce (CDC). The Chamber of Digital Commerce, a Washington D.C.-based advocacy group and trade association that promotes digital currencies and blockchain technology while working closely with policymakers and regulators has announced a new member joining the ranks of its executive committee. As an IT consulting firm, Cognizant is already involved in various blockchain....