Japan's SBI Sumishin Net Bank has announced it will develop a proof-of-concept (POC) aimed at exploring blockchain banking with Nomura Research Institute (NRI).
While details about the project are scarce, NRI said it will seek to "examine business scenarios" with the goal of preparing a prototype for SBI Sumishin.
Dragonfly Fintech Pte, a blockchain firm founded by one of the core developers of the cryptocurrency project New Economic Movement, will serve as the project's blockchain tech provider.
http://www.coindesk.com/japan-bank-sbi-sumishin-blockchain-proof-of-concept/
