Cryptocurrency News From Japan: May 10 - May 16 in Review
Cryptocurrency News From Nippon: May ten - May 16 in Review
SBI Holdings started a articulation venture fund with Redstone Digital, BitFlyer substitution aired a commercial, and more than headlined news from Japan this by calendar week.
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This week's headlines from Japan included SBI Holdings pairing up with Redstone Digital for a joint venture fund, LayerX teaming upwards with GMO Aozora for digitalization enquiry, Decurret working to put aspects of the health organisation on the blockchain with Tokio Marine & Nichido Fire Insurance, BitFlyer substitution releasing a commercial, and a information company producing a report on crypto in Japan.
Cheque out some of this week'due south crypto and blockchain headlines, originally reported by Cointelegraph Japan.
SBI Holdings starts up joint venture fund with Redstone
Tokyo-based SBI Holdings has paired upwardly with Redstone Digital, a High german venture capital outfit, to collaboratively engage in a venture fund. The pair plans to put money toward distributed ledger, robotics, and fintech startups across Europe. Redstone'south European investment history will eternalize the pair's efforts.
LayerX and GMO Aozora team up in digitalization effort
Together with digitalization entity, LayerX, joint venture GMO Aozora Net Bank plans to swoop into financial service advancement research.
The pair "will leverage the strengths of both parties to create DXs [Digital Transformation] for companies and government agencies," GMO Aozora said in a statement. The argument also labeled digitalization equally a battle tactic confronting coronavirus.
Crypto exchange and insurance company apply blockchain to health industry
Digital asset substitution DeCurret and Tokio Marine & Nichido Fire Insurance tested medical filings on the blockchain recently. The pair collaboratively also worked with crypto, shooting for a blockchain-based automatic system around accidents and related bounty.
The system involves the whole gamut of processes, ranging from medical records to payouts, all based on the blockchain. Decurrent received funding from Tokio Marine & Nichido in the collaboration.
BitFlyer substitution goes on Television
Certain regions might see the BitFlyer exchange on Tv until May 26, every bit the company aired its first ad on the tube in years. Areas of broadcast include the Japanese regions of Aichi, Gifu and Mie. The commercial boasts the vocal talent of actor Hitoshi Katagiri.
The ads come in three variations, pertaining to Bitcoin, common cold wallets and multi-sig tech.
The commercials aim for crypto education, as well as the introduction of security enhancements to ease customers' minds, BitFlyer contumely told Cointelegraph Japan.
Digital asset information platform reports on Japanese crypto market
Digital asset disclosure and data company Xangle took a deep dive into the state of the Japanese crypto market, surfacing with a detailed analytics numbers. The report overviewed Japan's crypto participation in relation to the rest of the world, as well as the state of exchanges in the country. The study also detailed crypto transactions sent from the nation.
Source: https://cointelegraph.com/news/cryptocurrency-news-from-japan-may-10-may-16-in-review
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