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Japanese stock exchanges have merged to the bloсkcain –consortium

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Delegates of the new consortium and IBM Japan will conduct tests of pilot solutions grounded on Hyperledger development. About it informed Finance Magnates.

The consortium included such exchanges as Tokyo Stock Exchange (TSE), Osaka Securities Exchange (OSE) and Japanese Clearing Corporation (JSCC).

In the end of last year, Japanese exchanges created the inside research command to explore the capacity of utilizing blockchain tech in the securities market infrastructure. It came to the consequence that blockchain had considerable potential 嘉盛 and was able drastically change the existing market, but ulterior fulfillment of the technology requires elongation of contemplation and elaboration. These studies will continue in collaboration with financial institutions and blockchain programers.

As part of this, the formation of an experimental environ with applying Hyperledger blockchain platform will be a pilot project. The project will start in the spring of 2017.

Remind earlier it had become known about the creation of the blockchain- consortium of Japanese banks, the 42 financial institutions had became members of it.