Japanese firms strengthen trade links in the region

Mitsubishi UFJ Financial Group and NTT DATA announced the launch of a Proof-of-Concept blockchain technology
06 December 2017   456

On Tuesday Mitsubishi UFJ Financial Group (MUFG) and NTT DATA Corporation announced the launch of a Proof-of-Concept (PoC) blockchain technology that would strengthen trade ties between Singapore and Japan, according to the press release.

In cooperating with Singapore’s National Trade Platform (NTP), companies aims to make cross-border flows more secure, efficient and transparent, with the long-term goal of fostering greater trade and supply chain integration across the region.

In this PoC, MUFG and NTT DATA will utilise an application programming interface (API) to connect a prototype trade systemS currently developed by NTT DATA with Singapore’s NTP. The initiative will also help lay the foundation for a regional digitalised trade and supply chain platform in Asia.

In August NTT DATA launched a consortium to explore the potential of blockchain technology. The initiative includes 13 major companies, including MUFG, from sectors such as banking, insurance, exports and imports.

HTMLCoin swap process comes to an end

On March 27 HTMLCoin finalizes the swap procedure of old HTML5Coin into HTMLCoin at a rate 3:1 and thus the migration to a new blockchain will be officially completed
21 March 2018   30

In full accordance with the swap schedule, March 27 marks the end of the swap procedure of the old HTML5Coin token into new HTMLCoin token. This final stage of the swap that lasted roughly 14 days is considered to be late stage and thus the rate is 3 (old) : 1 (new).

A special web form was prepared so that the users could fill it out and perform the swat themselves (therefore it was called 'Self-swap service'). The users can use this form for both the HTML5Coin wallet addresses and YoBIT exchange withdrawal code called 'Yobit code'. The HTMLCoin team warns that sometimes the YoBIT exchange withdrawal function may not work and recommends repeating the procedure later or contact HTMLCoin support for help with the withdrawal.

The actual swap are going to be handled on Saturday, March 31. The official end date of the swap procedure is set on March 28. This swap is due to the migration of HTMLCoin to a new blockchain with new features for freelancers and segregated minorities (e-learning programs, job hunting and connections, freelance mobile app). These rich features all aim to empower freelancers and vulnerable communities to new bold opportunities, learn new skills and apply them immediately. Freelancers-Business platform is set to connect companies and freelancers to help adopt these innovative concept.

As of the moment of publication, the HTMLCoin market indicators are as follows:

Average price: $0.000541

Market cap: $35,579,234

Volume (24h): $70,079