Japan's BCCC will form new subcommittee to promote blockchain tech among financial institutions

posted 3 months ago
The Blockchain Collaborative Consortium (BCCC) was inaugurated on April 25, 2016, with 34 founding member companies. The consortium's Chairman is Yoichiro Hirano, CEO, Infoteria Corporation. Companies promoting the use of blockchain tech have also since joined, expanding BCCC membership to the current 109 companies and organizations.

A decision was also reached to inaugurate the Financial Services Subcommittee in March 2017. The aim is to boost awareness of blockchain technology among financial institutions, where consideration of the adoption of blockchain technology is rapidly progressing.

While supporting the provision of technology and information that match the needs of financial institutions, the Financial Services Subcommittee will operate as a forum for considering and spreading the application of blockchain technology to financial services operations. Activities that will commence in February will be specialized to the financial services industry to spread the use of blockchain technology as well as building awareness.
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