TradeWaltz, a blockchain-based trade collaboration platform, received 1.65 billion yen (approximately US$11.76 million) in financing from Sumitomo Corporation, bringing its cumulative financing to 5.65 billion yen. The new financing will be used to strengthen sales and development structures.
TradeWaltz is a trade information cooperation platform based on blockchain and dedicated to realizing completely electronic trade procedures. In addition, empirical experiments on value-added services such as tracking the location information of goods and digital currency settlement through cooperation with other company platforms have also been successful. (CoinDesk Japan)