JSCC Tests Japanese Government Bonds as Digital Collateral on Canton

Japan Tests Government Bonds on Blockchain in Push for 24/7 Markets

Summary: Japan begins testing on-chain Japanese Government Bonds (JGBs) via institutional blockchain. Trial focuses on real-time, 24/7 cross-border collateral movement. […] The post Japan Tests Government Bonds on Blockchain in Push for 24/7 Markets appeared first on CoinsPress.

Japan’s JSCC tests using government bonds as digital collateral on blockchain

Japan’s clearing arm JSCC has begun testing whether government bonds can function as digital collateral on blockchain infrastructure. According to a Monday announcement from Japan Securities Clearing Corporation, part of Japan Exchange Group, the firm has partnered with Mizuho Financial…

Japan Launches Blockchain Trial to Transform Bond Markets

Japan is taking a bold step to modernize its financial system by introducing the blockchain technology. A group of major financial institutions has launched a new trial to test digital collateral management using government bonds. The project aims to make transactions faster, more efficient, and available at all times.The initiative brings together Mizuho Financial Group, Nomura Holdings, Japan Securities Clearing Corporation, and Digital Asset …

PoC Launched for JGB Collateral Management on Blockchain

Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara), Nomura Holdings, Inc. (President and Group CEO: Kentaro Okuda), Japan Securities Clearing Corporation (President & CEO: Isao Hasegawa), and Digital Asset Holdings, LLC (CEO: Yuval Rooz; “DA Holdings”) announced the launch of a joint proof-of-concept trial (“PoC”) to enhance collateral management using the Canton Network (“Canton”), the only blockchain specifically designed fo…

JSCC Tests Japanese Government Bonds as Digital Collateral on Canton

Japan’s JSCC will test using government bonds as digital collateral on the Canton network with Mizuho, Nomura and Digital Asset amid rising market focus.