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Business trends

100 Japanese manufacturers harness blockchain to share data

Companies exchange information, rather than hiding it, to boost competitiveness

Machine tool maker DMG Mori is one of the companies joining the initiative to share data. (Photo by Yohei Hirose)

TOKYO -- Mitsubishi Electric and Yaskawa Electric are among 100 major Japanese manufacturers set to share production data with each other to improve efficiency, using blockchain technology to ensure their information remains secure, Nikkei has learned.

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