• Sat, 24 Aug 2019, 10:35 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

SBI Group CEO bags key position at China Investment Association’s committee on blockchain and big data

Thu, 13 Jun 2019, 03:52 am UTC

Japanese financial services giant SBI Group has announced that its CEO Yoshitaka Kitao has been appointed as the strategic investment senior advisor of "Blockchain Big Data Industry Investment Specialty Committee” of the China Investment Association.

According to the press release dated June 12 (via online translation):

“It will be the first time for a private company manager to become a strategic investment senior adviser at the 17 committees that make up the China Investment Association.”

Established in March 2019, the Blockchain Big Data Industry Investment Specialty Committee is one of the 17 committees that make up the China Investment Association. It aims to lead and support investment activities in the blockchain and big data industry.

“Recognizing the recent appointment as a strategic investment senior adviser as an opportunity, we will further promote block chain and digital asset utilization at financial institutions in Japan and Asia, and strive to develop financial services with high customer benefit,” it added.

SBI Group is actively involved in the cryptocurrency and blockchain space. It has formed a joint venture with blockchain startup Ripple, which completed its registration with the Kanto Local Finance Bureau as a licensed agent for handling electronic payments last September.

In January, SBI Holdings announced that it was expanding its partnership with R3 to establish a joint venture company, SBI R3 Japan Co., Ltd. The new company aims to promote R3’s Corda blockchain platform.

Previous reports have also suggested that SBI Group was trialing a crypto token, dubbed “S coin,” for retail payments and settlement over smartphones.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,035.50 (-3.59%)
  • Ethereum (ETH) $188.70 (-2.84%)
  • XRP (XRP) $0.271000 (-1.89%)
  • Bitcoin Cash (BCH) $305.11 (-3.03%)
  • Litecoin (LTC) $73.06 (-2.90%)
  • Bitcoin (BTC) $10,035.50 (-3.59%)
Aug 23, 2019 (Friday)
11:35
Stablecoin project Terra receives funding from HashKey Capital
10:49
Three of the founding members of Libra Association consider backing out: Report
08:55
Overstock's Patrick Byrne steps down as CEO
08:52
Pundi X brings XPOS crypto payments to Venezuela's Traki retail stores
07:22
Blockchain startup Blockstack scores strategic investment from Japan's Recruit Holdings
07:19
BitGo announces support for multi-signature EOS wallet and custody services
06:39
US Treasury blacklists crypto addresses of suspected Chinese fentanyl traffickers
06:14
Chainalysis launches ‘Chainalysis KYT Alerts’ to detect suspicious cryptocurrency activity in real-time
05:13
Cryptocurrencies used to buy fentanyl, other illicit drugs: White House
05:04
Blockchain energy startup Power Ledger extends energy trading trial in Fremantle
03:53
Blockchain accelerator initiatives launched at the University of California campuses
Aug 22, 2019 (Thursday)
13:05
Crypto exchange Coincheck mulls launching IEO Platform
12:46
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:53
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:42
Sierra Leone launches blockchain-based National Digital Identity Platform
10:43
Blockchain startup Blocko secures $7.4M in Series B+ round from major South Korean financial institutions
09:52
Crypto Technicals: Ethereum Classic ignores crypto space weakness, extends gains to break above 200-DMA
09:16
Former Zaif exchange owner Tech Bureau to discontinue crypto business after completing customer refunds
08:32
Crypto Technicals: XLM/USD bearish trend intact, hits multi-month lows at 0.06542
07:33
Russian firm ICORating settles $270K fine with SEC for concealing ICO touting payments
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft