Japanese lender Mizuho to launch fintech venture

An executive from Japan’s Mizuho Financial Group has announced that Tokyo-based lender would start development on a new fintech venture in June to create a new global business.

Blockchain has introduced a flurry of discussions and experimentations across the world. When Bitcoin, based on blockchain, grabbed headlines as a major cryptocurrency, it ignited discussions on the future of this new technology.

Today, the discussions at banks have gone past Bitcoin and cryptocurrency. Many are looking at various implementations and use cases, and examining the role of blockchain in streamlining key processes and make them more cost-efficient and immutable.