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Tokyo Metropolitan Government to hold blockchain accelerator program

The Tokyo Metropolitan Government (TMG) is going to hold a blockchain accelerator program to push forward the implementation of blockchain technology into both financial and non-financial sectors.

The three-month program, titled "Blockchain Business Camp Tokyo", will run from January to March 2018.

According to the official release, the program will have Tokyo-based, leading Japanese companies involved in fields such as transactions, securities, IoT, supply chains, and the sharing economy serve as mentors. In addition, it will offer an opportunity to connect with investors, Tokyo-based businesses, and others.

Furthermore, the technologies and services of the foreign companies participating in the program will be advertised for an extended period using digital signage located around Shinjuku and Tokyo stations in the heart of Tokyo, and support will be extended to foreign companies that decide to establish their business in Tokyo.

Participating Japanese companies include Gaiax, Japan Post, Toyota, SBI Holdings, MUFG, and Nomura among others.

Applications are now open for the program. Those interested can send the required documentation to the program secretariat by Friday, November 24, 2017. The companies selected for the program will be announced in December 2017.

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