Utilizing blockchain, SORAMITSU has developed a digital currency for the
National Bank of Cambodia, a CBDC Proof-of-Concept
with the Bank of the Lao PDR, a closed-loop payment system for the University of Aizu in Japan, an identity verification system prototype for Bank Central Asia in Indonesia, finalists in the
Monetary Authority of Singapore CBDC Challenge, and participated in Asia-Pacific's first proof-of-concept test of a cross-border, multi-currency security settlement system using distributed ledger technology with the Asian Development Bank. Hyperledger Iroha is also the infrastructure backbone for the
Fraud Intelligence Blockchain, a joint venture of SORAMITSU and Orillion, combatting telecom fraud through tokenized fraud intelligence. SORAMITSU has also conducted proof-of-concept tests for several major Japanese enterprises and are active contributors to open source projects, such as
Klaytn, South Korea's leading Layer-1 blockchain,
KAGOME, the C++
Polkadot Host implementation, the
SORA crypto-economic system, the
Polkaswap DEX, and the DeFi wallet,
Fearless Wallet.
Based on these experiences, SORAMITSU aims to deploy cutting-edge technology globally to expedite financial inclusion and health, mitigate economic inefficiencies, and contribute to fulfilling the Sustainable Development Goals.