Japan’s government, the Bank of Japan, and financial institutions are planning to build a next-generation financial settlement infrastructure based on blockchain, according to Techub News. The stated goal is to enable 24/7 settlement for bonds and stocks, extending beyond the limits of conventional market settlement windows.
The report says the project is aimed at improving the efficiency and resilience of Japan’s financial markets. No additional timeline, participating institutions, or technical details were disclosed in the brief. The item was attributed by Techub News to @WuBlockchain.
If developed as described, the infrastructure would cover core post-trade market functions for traditional financial assets rather than a crypto-native use case. The short update focuses on the project’s intended scope and policy backing, with Japan’s government and central bank named alongside financial institutions as planned participants.
Japan’s government, the Bank of Japan, and financial institutions are planning to develop a next-generation financial settlement infrastructure based on blockchain, according to Techub News.
The project is intended to enable 24/7 settlement for bonds and stocks and to improve the efficiency and resilience of financial markets.
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