Banks large and small in Japan will try out the technology underlying the digital currency bitcoin for such services as money transfers under the auspices of a trade group. The Japanese Bankers Association will build a platform by the end of 2017 for major and regional banks to run the blockchain tests together.
Up Next in Blockchain
Blockchain is making its way into the day-to-day legal practices of major law firms. And it’s not just a technology that law firms are learning about for client matters – blockchain could become integral to how modern legal practices will operate in the future.
How Blockchain Technology is Transforming the Legal Profession
Big Law Business - Jasmine Ye Han
Blockchain technology could hold the key to lowering the cost of real estate transactions by streamlining processes and reducing intermediaries. Potential areas of application include purchasing, leasing, and property management.
Lower Real Estate Transaction Costs With Blockchain Technology
Advocates of decentralized ledger technology say it can streamline transaction processes, reduce fraud, eliminate middlemen, and cut costs.
The Globe and Mail