Japanese FinTech firm, Tech Bureau announced that its private blockchain platform “mijin” was proved its applicability by the third party proving test at banks.
Blockchain technology is the most remarkable technology in FinTech field. This full-scale proving test was conducted under a scenario that blockchain configured with mijin is used an alternative mean to accounting system at Japanese bank.
The test was also conducted under three unusual situations; heavily loaded environment, environmental burdens, and defacing attack by hackers. The mijin has never impaired its performance and the accounting data couldn't be defaced. This concludes that mijin can work as accounting system under the key testing items.
Tech Bureau has been working on the completion of the next version by this summer and will release its open source.
(Source: Tech Bureau )
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