IT Firm Fujitsu Builds Blockchain Settlement Trial Infrastructure for Nine Japanese Banks By Cointelegraph

© Reuters. IT Firm Fujitsu Builds Blockchain Settlement Trial Infrastructure for Nine Japanese Banks

Japanese multinational IT equipment and services company Fujitsu will build an interbank settlement platform using blockchain technology as part of a joint project with nine domestic banks, a press release announced Monday, Oct. 29.

Aiming to “confirm the viability of blockchain technology,” the trial of the platform is being orchestrated by the Japanese Banks’ Payment Clearing Network, also known as Zengin-Net.

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