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Japan launches reform of intangible asset-backed lending

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intangible asset-backed lending

It was reported that the Japanese government has begun to consider a system that would allow companies to pledge intangible assets such as technologies and customer base as collateral in one fell swoop. In Japan, it has been pointed out that bank loans, especially to small and medium-sized enterprises (SMEs), focus on real estate collateral, such […]

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Japan’s blockchain enabled next-generation financial transactions to start in 2020

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Blockchain enabled next-generation financial transactions - Progmat

Japan’s blockchain enabled next-generation financial transactions are planned to start in 2020. On November 7 2019, Mitsubishi UFJ Trust and Banking Corporation (MUTB), the second largest in trust business in Japan, announced the establishment of the Security Token Research Consortium consisting of 21 companies, and the development of next-generation financial transaction services using blockchain technology. […]