Standage participated in the meeting to report on the progress of the "Action Plan for the Digitalization of Trade Procedures," which will be launched by the Ministry of Economy, Trade and Industry on February 26, 2025.

This meeting began on November 20, 2023, and this is the fifth meeting. At this meeting, six companies, including Standage, reported on the progress of their respective initiatives.

Standage reported that it is coordinating a large-scale trade demonstration project for a new trade settlement system using blockchain, that it has implemented DigiTrad's digital vault on the EVM chain, and that it has achieved interoperability between different blockchains using Layer Zero.

We also introduced our "DigiTrad Forwarding" system, a customized automated logistics cost estimation system for large corporations, which will be officially launched in April 2025.

Moving forward, Standage will continue to contribute to the realization of a world where all countries have equal access to all goods and services by innovating the way trade is conducted, a practice that has remained unchanged for 100 years, through the development of trade digitalization systems.

◇For further details regarding this meeting, please refer to the materials released by the Ministry of Economy, Trade and Industry.

https://www.meti.go.jp/shingikai/external_economy/digital_trade_platform/005.html