The Blockstream team announced the expansion of cooperation with DG Lab, within the framework of which it is planned to accelerate the implementation of block-technologies based on the Elements platform in Japan.
Digital Garage & @Blockstream expand partnership with a strategic business alliance to accelerate #blockchain & #cryptocurrency deployments in #Japan. Also, The Tokyo Tanshi will work with DG Lab & Blockstream on several innovative blockchain initiatives! https://t.co/hbhI61tOzK pic.twitter.com/pYY1YAxz9h
— Blockstream (@Blockstream) 21 ноября 2017 г.
One of Japan's largest inter-dealer brokers The Tokyo Tanshi will join the cooperation in this field. The companies are working on several innovative projects, including the issuance and circulation of local currencies with the help of block-technologies and over-the-counter.
We have spent significant time over the past two years researching and experimenting with various cryptocurrency and blockchain technologies. While there are many interesting initiatives underway, we have been the most impressed with the maturity and potential of the Elements Blockchain Platform. We believe working with DG Lab and Blockstream presents many exciting new capabilities for the next 100 years of our company.
President, The Tokyo Tanshi
Blockstream also received additional investment from the DG Lab Fund, after which the company's total financing exceeded $ 80 million.
In Japan, there is a rapidly growing interest in Bitcoin and blockchain technology. In the future, it will be vital for us to develop financial applications using blockchains and technological platforms that lead innovations in the industry. We believe that Blockstream’s blockchain platform, Elements, with its excellent security and reliability, is the exact technology we need. With our strong partnership with Blockstream, we are excited about accelerating the development of technologies to build a social infrastructure that will allow digital assets as well as bitcoins to circulate safely and efficiently. DG will also help Blockstream enter the Japanese market. We are looking forward to creating synergy in a variety of areas.
Representative Director, President Executive Officer and Group CEO, DG
We are looking forward for the results of above mentioned cooperation.