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Bank of Iwate, Bank of Yokohama, Aomori Bank, Akita Bank and Yamanashi Chuo Bank will work together on the platform, dubbed “Fitting Hub.” The first service available on the platform — electronic delivery service — should launch in April, the press release notes.
Previous information had given a timeline for testing to begin in July 2018 and full deployment within a year, as local news agency Nikkei reported in late January 2018, when the partnership first surfaced.
Targeting a range of financial operations for efficiency improvements, the banks will leverage IBM’s expertise during the development phase.
Read full article » https://cointelegraph.com/news/japanese-banks-unite-to-launch-blockchain-finance-platform-services
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