Share this article
Japan's NEC Expands Role in Hyperledger Blockchain Project
One of Japan's biggest IT corporations is expanding its role in the Hyperledger blockchain project.
By Stan Higgins
Updated Sep 11, 2021, 1:24 p.m. Published Jun 1, 2017, 7:30 p.m.
Make us preferred on Google
One of Japan's biggest IT corporations is expanding its role in the Hyperledger blockchain project.
NEC Corporation, the Linux Foundation-backed initiative announced today, has become a premier member of the group. Daichi Iwata, who leads the NEC's fintech business development office, is also joining Hyperledger's governing board.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
NEC was among a group of companies to join the Hyperledger project in early 2016, just weeks after the effort first began. Hyperledger formally launched in December 2015, backed by firms including IBM, JPMorgan and the London Stock Exchange, and has since grown to include more than 100 startups and established companies among its ranks.
In statements, the firm indicated that its expanded work with Hyperledger would build on its past efforts focused around the tech.
"We believe blockchain is a transformative technology and are committed to advancing its adoption by contributing our expertise and knowledge to the Hyperledger community," Osamu Fujikawa, who heads NEC's business innovation unit, said in a statement.
In addition to its work with Hyperledger, NEC has played a role in blockchain development within Japan's finance space. Last October, Sumitomo Mitsui Trust Bank announced that it was exploring concepts around trade finance and asset custody, working with NEC and IBM’s Japanese arm to test prototypes.
Image via Shutterstock
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Ethereum’s ERC-8004 aims to put identity and trust behind AI agents
A new Ethereum standard seeks to give AI agents portable identities and reputations, letting them interact across companies and chains without relying on centralized gatekeepers.
What to know:
- Ethereum developers are set to roll out ERC-8004, a new standard that gives AI software agents persistent on-chain identities and a shared framework for establishing credibility.
- The standard defines three registries—identity, reputation and validation—that let agents register themselves, collect reusable feedback and publish independent checks of their work on Ethereum or layer-2 networks.
- Framed as neutral infrastructure rather than a marketplace, ERC-8004 aims to enable interoperable, gatekeeper-free AI services on Ethereum, even as ether trades just above $3,000 after a recent price gain.
Top Stories
