Fu­jitsu ties up with JBA for blockchain plat­form

Banking Frontiers - - Blockchain -

Ja­panese IT com­pany Fu­jitsu is part­ner­ing with the Ja­panese Bankers As­so­ci­a­tion (JBA) in project to test the vi­a­bil­ity of run­ning fi­nan­cial ser­vices on a blockchain plat­form. Fu­jitsu is ex­pected to pro­vide a blockchain plat­form, built on the open-source Hyper­ledger Fab­ric code base, which in­di­vid­ual banks within the JBA can use to test var­i­ous busi­ness use cases. JBA said mem­ber banks will be­gin de­vel­op­ing their own ap­pli­ca­tions for the plat­form, test­ing out var­i­ous ideas to de­ter­mine which are vi­able for im­ple­men­ta­tion on a real-world ba­sis.

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