IT Giant NTT Data, Ministry of Economy Announce Blockchain-Based Platform for Trade

Japan’s New Energy and Industrial Technology Development Organization (NEDO) is working on a blockchain-based data sharing system for the trade industry, Cointelegraph Japan reported Thursday, August 23. The NEDO, Japan’s largest public management organization that promotes research and deployment of industrial and energy technologies, is reportedly developing a blockchain-powered project to streamline the infrastructure for trade information sharing. The organization is operating under the instructions of its parent body, the Ministry of Economy, Trade and Industry (METI). The project, dubbed “Development of Infrastructures for Creating New Industrial Models Taking Advantage…