Japan’s Largest IT Firm NTT Data Unveils New Blockchain Consortium

NTT Data, Japan’s largest IT services firm, has announced a new blockchain consortium; 13 participating members including three of Japan’s megabanks: the Bank of Tokyo-Mitsubishi UFJ, Mizuho and the Sumitomo Mitsui Banking Corporation; other notable participants represent industries such as insurance, logistics, and import and export trade; the consortium’s objectives include exploring the lead up to and validation of the feasibility of blockchain applications; the consortium will be officially launched on August 30 and expected to last until March 2018. Source

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