Japanese Finance Giant SBI Works with R2 to Expand Corda Blockchain Use in Asia
[ChainDD report] December 7 (ChainDD) SBI Holdings, a financial service giant in Japan, will expand its investment to software company R3. By launching a joint venture with R3, SBI will increase use of R3’s blockchian platform Corda in Asia.
R3’s CEO David Rutter told Nikkei that Europe is the most advanced area in developing blockchain products. SBI and R3’s joint venture will strengthen Japanese language service and promote adoption. SBI said the cooperation with R3 will not only in Japan but also cover more areas in Asia.