STANDAGE Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Akinori Adachi; hereinafter "STANDAGE") and Tranzax Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Hiroyuki Otsuka; hereinafter "Tranzax") announced that on January 14, 2020, they concluded a business alliance agreement with the aim of collaborating in providing services to domestic trading companies.

STANDAGE has jointly developed a groundbreaking new finance service (hereinafter referred to as "this service") by combining "Shake Hands Contract" (hereinafter referred to as "SHC")*, an escrow platform for inter-company trade based on blockchain technology provided by STANDAGE, and "PO Finance®"*, which utilizes electronically recorded claims provided by Tranzax, and has now executed its first transaction using this service.
Furthermore, the financial regulations surrounding this service have been reviewed legally by Anderson Mori & Tomotsune Law Offices.

Up until now, we have addressed the challenges of exporting to emerging countries, which involves risks, and the issues related to small-value trade settlements, using SHC provided by STANDAGE.

However, collecting accounts receivable from overseas companies typically takes several months, and during that time, small and medium-sized enterprises (SMEs) and venture companies need considerable financial strength to cover payments for supplies and other expenses. Therefore, in order for SMEs and venture companies to expand their business with overseas companies, they need to address these financial challenges.
This service ensures the transparency and security of transactions through SHC, generates electronically recorded claims backed by the digital currency used for settlement and the order/receipt, and verifies their collateral value, thereby supporting small and medium-sized enterprises and venture companies in securing funding from financial institutions when receiving orders from overseas companies.

By deploying this service, we aim to lead trade among small and medium-sized enterprises and venture companies, and contribute to the realization of Japan's growth strategy (Society 5.0).

[STANDAGE x Tranzax Finance Service Image Diagram]

*Shake Hands Contract (SHC):
By using blockchain technology and digital currency for payments, trade escrow and settlement can be conducted "safely" and "at low cost," without the need for banks or cash.

*PO Finance®:
This service enables financing from the time of order placement by generating an electronically recorded claim based on the fact that an order has been received and its contents, and then attaching a security interest to it.

■ About Tranzax
Established in July 2009, the company provides highly convenient and innovative services by utilizing electronically recorded claims to visualize corporate activities and commercial flows. It holds patents for "PO Finance®" (Patents No. 6140909 and 6427247). PO Finance® was adopted as bridging financing for the Small and Medium Enterprise Agency's "Manufacturing Subsidy" in April 2019, and further included in the Reiwa 1st Year Growth Strategy in June of the same year.
Official website:https://www.tranzax.co.jp/

Companies interested in this opportunity are welcome to contact us.
https://standage.co.jp/#top-contact

[Contact Information]
Shiba NA Building 4F, 3-6-10 Shiba, Minato-ku, Tokyo 105-0014
STANDAGE Co., Ltd.
President and CEO: Akinori Adachi
Executive Vice President/COO: Kenta Omori
Press Contact Email: info@standage.org