Japanese IT firm Fujitsu has developed a new blockchain-based system for securely exchanging data.
Fujitsu is a member of the Linux Foundation-led Hyperledger blockchain consortium, and according to the firm, the system is based on the open-source Hyperledger Fabric.
Fujitsu said it will be holding a demonstration later this week at an event in Tokyo. The plan, the firm said, is to launch a commercial-scale version of the system later this year.
The blog post explained:
In addition to its development of blockchain products, Fujitsu has helped other firms in Japan experiment with the tech. Last year, the company took part in a cross-border payments trial involving banking group Mizuho.
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