🖥MUFG and NTT DATA lay foundation for digital trade between Singapore and Japan using blockchain

By 4 IT, blockchain

🖥MUFG and NTT DATA lay foundation for digital trade between Singapore and Japan using blockchain.

Singapore, 5 December 2017 – Mitsubishi UFJ Financial Group, Inc.’s (MUFG) banking entity, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and NTT DATA Corporation (NTT DATA) jointly announced the commencement of a Proof-of-Concept (PoC) prototype leveraging blockchain technology that would strengthen trade ties between Singapore and Japan.

This initiative, in collaboration with Singapore’s National Trade Platform (NTP)*1, aims to make cross-border flows more secure, efficient and transparent, with the long-term goal of fostering greater trade and supply chain integration across the region.

NTT DATA Global

 

http://www.nttdata.com/global/en/news-center/pressrelease/2017/120500.html

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