Japan Blockchain Consortium Surpasses 100 Members

Announcements, Blockchain, FinTech | March 16, 2017 By:

The Blockchain Collaborative Consortium (BCCC), Japan’s first industry blockchain consortium, has added  75 new companies, expanding its membership to 109 organizations.

BCCC was inaugurated on April 25, 2016, with 34 companies as founding members. The stated goal was to collectively place blockchain technology at the very core of the fintech revolution.

The newest additions, confirmed as of last December, include Mitsui Sumitomo Insurance, Aozora Bank and Awa Bank, as well as Marubeni, Gurunavi and NCR Japan.

The blockchain consortium also announced that a new Financial Services Subcommittee will be formed this month that aims to boost and create awareness on the potentials of blockchain among financial institutions.  The subcommittee will hold study sessions, share information, and provision technical information to member companies.