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Japan-Update

Japan's brokerages joining to adopt blockchain

Consortium will use cutting-edge technologies to improve services

TOKYO -- Japanese brokerages are launching a consortium dedicated to driving the adoption of blockchain and other innovative technologies in the industry, with the goal of boosting efficiency and providing more convenient services to their customers.

The group's 18 founding members include online players like SBI Securities and Rakuten Securities, as well as conventional brokerages like Nomura Securities and Daiwa Securities.

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