Tokio Marine & Nichido, NTT DATA, STANDAGE and TradeWaltz Jointly Conducted a Demonstration Experiment for a New Trade Settlement System
Tokio Marine & Nichido Fire Insurance Co., Ltd. (President: Shinichi Hirose, hereinafter reffered to as “Tokio Marine & Nichido”), NTT DATA Corporation (President and Chief Executive Officer: Yo Honma, “NTT DATA”), STANDAGE Inc. (President and Chief Executive Officer: Akinori Adachi, “STANDAGE”) and TradeWaltz Inc. (President and Chief Executive Officer: Hirohisa Kojima, “TradeWaltz”) jointly conducted a demonstration experiment to establish a new trade settlement system. Taking full advantage of the results, the four companies aim to jointly create the world’s first system, by the end of fiscal year 2023, in which electronic B/Ls (bills of lading) and digital currencies (or crypto assets) are exchanged simultenaously ensuring safe and secure trades. 1. […]