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Bank of Japan Tests Blockchain for Tokenized Interbank Settlements
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Bank of Japan Tests Blockchain for Tokenized Interbank Settlements
Central banks worldwide have been intensifying their examination of blockchain technology as financial markets gradually transition toward tokenized assets and programmable payment systems. Within this broader shift, wholesale settlement infrastructure has emerged as a primary area of experimentation. In line with this trend, the Bank of Japan has initiated a new project to assess the viability of blockchain-based financial settlements. On March…
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