Three Major Japanese Financial Institutions Tap Canton to Bring Government Bonds On-Chain – “The Defiant”

AI Briefing

• – Mizuho, Nomura, JSCC partner with Digital Asset to test blockchain-based proof-of-concept for Japanese government bond collateral management
• – The proof-of-concept aims to streamline the process of managing government bonds on a blockchain
• – The initiative is seen as a significant step towards increasing efficiency and reducing costs in Japan's bond market