[Translation] (NEM-related in the latter half) The Libra move changed the situation, and blockchain once again drew attention in Japan

In the latter half of the article, based on comments from Gartner, a market research firm, and comments from Jeff and Alex of the foundation, there is a focus on the application of blockchain technology to real business through public and private collaboration in the evolving blockchain industry, with development continuing with this emphasis, and it is being期待され続けている in Japan among engineers and investorsNEM (Catapult) has an edge, according to the description.

Now, here is the main translated article. The original is from Nikkei Asian Review.

Cryptocurrencies have been stagnant for a year and a half, but major Japanese securities firmsare recognizing the potential of blockchain as a game changer and are prepared to embrace the technology that underpins Bitcoin.

Recently, two of Japan’s long-established securities houses, Nomura and Daiwa, joined a new association that includes online firms such as Rakuten and Monex, which is formulating rules for the issuance of digital securities based on blockchain.

Supporters argue that this digital system, known as security tokens, will render the current mechanism for transferring securities obsolete. The association is led by Nomura and its main rival, SBI Securities.