Soramitsu is a blockchain technology company based in Japan. We are focusing on developing a digital identity platform for blockchains.
Hyperledger Iroha is a next-generation permissioned blockchain platform, aimed at helping businesses and financial institutions manage digital assets. Soramitsu was the original developer of Hyperledger Iroha and contributed it to the Linux Foundation's Hyperledger Project. Hyperledger Iroha is written in C++, making it ideal for use cases where high performance and reliability are needed, or for embedded systems.
Soramitsu uses Hyperledger Iroha to create services for users, including mobile applications for managing digital assets, identity, and contracts. Through our use of Hyperledger Iroha, we hope to contribute to a safer and more efficient society.
Use case partners
Identity is at the base of all financial applications in the digital economy. Having a convenient and secure way to share personal information, validate it, and prove your identity in a digital environment is the key to creating safe, decentralized applications, that give users control over their own information.
YUNA is the identity application that is at the core of our identity and privacy management platform, which is currently in development. It will enable users to control their own identity, sharing privacy data about themselves only in case they want to.
Users can also build up reputation over time through the use of the app, which can enable new uses of digital identity.
Soramitsu is the original creator of Hyperledger Iroha and has deep understanding of blockchain technology and also how to make user applications that can take full advantage of blockchain. One of the most common use cases for blockchain is the management of digital assets, such as currencies, points, or any kind of countable asset.
Cambodian Payment System
Soramitsu and the National Bank of Cambodia are working to co-develop the open source distributed ledger (blockchain) project Hyperledger Iroha.
Through a co-development agreement, the National Bank of Cambodia will study the implications of distributed ledger technology, while contributing to the open source development of Hyperledger Iroha and developing new payment infrastructures.
Working with the University of Tokyo, University of Aizu, and International University of Japan GLOCOM, we performed an experiment in Aizu, Japan, where new units of a currency created for an event were created through social interaction between people at the event.
People working together in society has tremendous value and the Moeka experiment showed a way to use blockchain technology to allow the quantification of this value.
Byacco is a local, digital currency for the University of Aizu. Based on mobile apps, users can simply send money to each other instantly. On campus, this currency was tested in the University of Aizu store and cafeteria. A production version of this system is now under development and will debut soon.