Mizuho, Nomura, and Two Other Companies Conduct Pilot Test for Collateral Management of Japanese Government Bonds Using Canton Network

Mizuho Financial Group announced on the 20th that it, along with three other companies, has started a pilot test for digital collateral management using Japanese Government Bonds (JGBs). The test employs the financial blockchain 'Canton Network (CC)'. By integrating existing infrastructure with blockchain technology for the management of JGBs, the system enables collateral transactions in real-time, 24/7, accommodating both domestic and international adjustments and replacements...