Tsuruha HD and 8 Other Companies Succeed in Automated Intercompany Settlement Experiment Using DCJPY

Key points of this article: Tsuruha HD and Kao Group demonstrated real transaction data payments and reconciliation file generation using DCJPY. The experiment confirmed a reduction of several man-months in accounting reconciliation and journal entry tasks. On May 29, the Digital Currency Forum's Invoice Chain Subcommittee, managed by Decurret DCP, announced the successful completion of an intercompany settlement experiment. This combined the standard retail industry EDI specification 'Distribution BMS' with tokenized deposits 'DCJPY'. Participants included Tsuruha Holdings, Aeon Smart Technology, Ikeda Senshu Bank, Kao Group Customer Marketing, CyberLinks, Miroku Information Service, and others.