TOKYO -- Mochtar Riady, founder and chairman of Indonesia's Lippo Group, on Monday said he is pursuing blockchain technology to accelerate the digital transformation of the property-to-banking conglomerate.
Speaking on the sidelines of a forum in Tokyo hosted by Nikkei, Riady, who turned 89 this month, called the technology behind blockchain "simple" and said it is "very useful" for improving the security elements of business. He added that the group is already considering the use of blockchain technology in its e-commerce business, without further elaborating.
