JSCC joins Hyperledger Foundation
Japan Securities Clearing Corporation (JSCC) has officially joined Hyperledger Foundation, a not-for-profit-organization founded by The Linux Foundation to drive the development and adoption of blockchain/distributed ledger technology (DLT).
In January 2023, JSCC introduced its first blockchain production solution based upon Hyperledger Besu, one of the open source software (OSS) platforms hosted by Hyperledger Foundation, to facilitate the efficient delivery settlement of rubber futures.
Furthermore, JSCC leveraged the use of several Hyperledger OSS tools and libraries across multiple proof-of-concept projects.
“If we assume the widespread adoption of blockchain in future financial markets, the availability of stable standardized OSS will support global harmonization and contribute towards the building of a robust ecosystem. Accordingly, we aim to contribute to the development of OSS in the spirit of the Hyperledger Foundation mission”.