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Somerco Blockathon  •  
February 23-24, 2019

# japan News

The Bank of Japan (BoJ) has issued a working paper that details the numerable pros and cons of central bank digital currencies (CBDCs). Published on February 19, 2019, the paper explores hypothetical problem areas, how and when CBDC’s can be used, as well as speculating on the economic implications. General...
February 20, 2019 by at Blockchain, Business, Finance, News
Sumitomo Mitsui Banking Corporation (SMBC) has completed a successful proof of concept on R3’s Marco Polo trade platform, according to a press release dated February 18, 2019. Done and Dusted A successful proof-of-concept (PoC) has been completed by Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest bank by assets, as performed...
February 19, 2019 by at Bitcoin, Finance, News
Japan is reportedly gathering information about the amount of interest there is among institutional investors for a cryptocurrency ETF which has the potential to lead to the approval of cryptocurrency-based ETFs in Asia's second-largest economy. Ths according to a report from Irish Tech News, February 18, 2019. Do Investors Want...
Japan's Mitsubishi UFJ Financial Group (MUFG),  the fifth largest bank in the world with more than $2 trillion in assets, is collaborating with Akamai Technologies Inc., to launch a distributed ledger technology (DLT) based payments system called Global Open Network, according to a press release on February 13, 2019. MUFG...
It was announced on January 29, 2019, that R3 would be teaming up with SBI Holdings, a Japanese financial services company, to enable the use of R3’s platform in the East Asian region. R3 Entering New Frontiers R3 announced on January 30, 2019, that it would be partnering with SWIFT...
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