Japanese Blockchain Consortium Grows to More Than 100 Members
A blockchain-focused consortium in Japan has quietly grown its membership to more than 100 companies. Membership within the the Blockchain Collaborative Consortium (BCCC) has expanded since the effort first launched in April. BCCC members include Japan Microsoft, Mitsui Sumotomo Insurance, PwC, Bitbank and ConsenSys, among others. The group also announced that the 100th student from its Blockchain University project had successfully graduated – a sign that the BCC's previously declared plans to boost knowledge about the tech are bearing fruit. In a blog post published today, Pina Hirano,....
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A new consortium of Japanese banking and financial services giants will seek to use blockchain technology to provide domestic and foreign exchange services. Japanese financial services giant SBI Holdings and its subsidiary SBI Ripple Asia, have collaborated to launch a consortium that will seek to use blockchain innovation – the technology underpinning bitcoin – in new payment and settlement services from October 2016. A press release [PDF] from SBI Holdings has revealed that the consortium will be named the “Consortium for Considering Blockchain Technology to Centrally Provide Domestic....
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. SBI Holdings and Ripple Asia Launch 42 Bank Consortium. .The Japanese blockchain organization....
A number of Japanese banks are reportedly set to test domestic fund transfers using digital currencies over a blockchain as a low-cost alternative to traditional money transfers. According to a Thursday report by Nikkei, Japan’s most prominent financial publication, a handful of major Japanese banks will perform tests to determine if a digital currency powered blockchain platform could prove a viable alternative for the current national payments clearing platform ‘Zengin’. Operated by the Japanese Bankers Association, the Zengin System powers domestic money transfers in Japan. The....
Japan’s first blockchain industry organization, the Blockchain Collaborative Consortium (BCCC), sees 34 companies as founding members coming together. BCCC will help promote blockchain solutions and innovation to the public as well as working with other blockchain organizations from around the world. The likes of Microsoft Japan and Ethereum-coder collective ConsenSys together with an array of Japanese Fintech startups and technology companies have banded together to form the Blockchain Collaborative Consortium. In a statement via a press release, the consortium highlighted blockchain....
A blockchain-centric consortium of banking and financial services institutions in Japan now sees 42 members among its ranks in a concentrated effort to leverage bitcoin’s underlying innovation for payment and settlement solutions. The consortium, planned in collaboration between Japanese financial services firm SBI Holdings and its subsidiary SBI Ripple Asia, was discussed as early as August 2016. The working group was to be created to focus on blockchain-based payment and settlement services. More specifically, the group of banks sought to address the increasing new trend of real-time,....