An affiliate of Japanese IT giant Fujitsu will pilot a blockchain payment platform

Spark Global Limited reports:

Japanese IT giant Fujitsu will launch a payment project powered by blockchain technology in a major new commercial center located in Saitama City, according to Cryptonews on November 11.

According to the press release, an initial pilot of the token, called Sakura Town Coin, will take place in Sosawa Sakura Town from this month until April next year, spearheaded by Fujitsu’s digital transformation unit Ridgelinez, which launched early last year, Allows visitors to pay for goods and services, including books, at a specific number of shops and ticket offices throughout the complex. If the pilot is successful, Ridgelinez will expand its service to all of the facility’s facilities, as well as stores and service providers in the surrounding area. Saitama Resona Bank, Kadokawa and Fujitsu itself will participate in the pilot.

Sosawa Sakura Town, a joint venture between book publishing giant Kadokawa And the Local government of Sosawa, boasts an animation-themed hotel and a large bookstore, as well as a cultural center designed by the architect who created the Olympic Stadium for the 2020 Tokyo Olympics.