Japanese bank GMO Aozora to debut digital currency next year

Blockchain-based money to be used for trading of renewable energy certificates

20231011N currency

Digital currencies, backed by deposits, can be instantly sent and settled using blockchain technology. (Nikkei montage)

NATSUMI IWATA, Nikkei staff writer

TOKYO -- GMO Aozora Net Bank will issue a blockchain-based digital currency as early as July next year, the first project by a Japanese corporate consortium that has more than 100 members.

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