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Japanese and South Korean blockchain groups team up

Both sides will share knowledge on tech behind digital currencies like bitcoin

SEOUL -- Two blockchain industry groups from Japan and South Korea agreed Tuesday to work together to promote wider use of the digital ledger technology, which underpins virtual currencies such as bitcoin.

Japan's Blockchain Collaborative Consortium, or BCCC, and South Korea's public-private Blockchain Open Forum will partner to teach people about the technology. The BCCC's roughly 200 members include startups, financial institutions and trading companies. The Blockchain Open Forum has 157 members including startups and information technology companies, government organizations and universities.

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