TOKYO -- NTT Data, Mitsubishi Corp. and five other Japanese companies are forming a venture to shift transactions online using blockchain, Nikkei has learned, after new Prime Minister Yoshihide Suga made it a priority of his government to digitize the economy.
Business trends
NTT Data to offer system to put trade paperwork online
Mitsubishi, MUFG Bank, Sompo Japan among seven leading blockchain project
Seven Japanese companies will invest in a new system that will manage many trade operations online, using blockchain technology to prevent tampering. (Source photos by AP and Tsuneyuki Kenmochi)
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