KDDI and Couger Lead Japan to Initiate "Smart Contract" Proof of Concept Projects Utilizing Enterprise Ethereum
KDDI Corporation (TOKYO:9433), KDDI Research, Inc., and Couger Inc.
initiate proof of concept projects for a “Smart Contract” system, the
first in Japan to utilize Enterprise Ethereum (*1).
Additionally, KDDI has joined the Enterprise Ethereum Alliance (EEA)(*2) on September 27th, 2017.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170926006912/en/
Autonomous world through IoT connection (Graphic: Business Wire)
”Smart Contract” is a system that uses blockchain (*3) technology to insert pre-determined agreement and contract terms into a software program in a way that is difficult to falsely tamper or alter. When the conditions are fulfilled, they will be executed automatically.
This proof of concept will extend beyond blockchains utilized by existing business and will validate business and technical issues and benefits for (a) Open services built on platforms such as the Ethereum and includes non-financial interactions, and (b) Smart Contracts for coordination with partner company services.
Specific first step will be to validate operational productivity benefits by application of blockchain to share necessary information securely and in real-time for the service flow from customer’s cellphone repair request at AU shops to the completion of the repair process.
Smart Contract will also be validated for handset reuse services that require versatile coordination between multiple business entities. Specifically, we will validate that program can autonomously discern data from different systems such as repair price, model exchange price, used handset market price to make an optimum contract.
KDDI and Couger will further explore and validate ways to combine Smart Contract with IoT and AI technologies in ways to achieve new levels of closeness, value, and experiences for the customers.
In addition to working with Couger to develop ways to combine and apply AI, robotics, and blockchain, KDDI will work with blockchain developer Trident-Arts co., ltd., legal tech developer Kentauros Works Inc., and in cooperation with other members of the EEA to create a robust next generation service platform based on the combined "AI x IoT x Blockchain” technology.
(*1) Enterprise Ethereum is a distributed application platform for the enterprise.
(*2) Enterprise Ethereum Alliance (EEA) is an alliance formed to unify Enterprise Ethereum use cases, decide upon standardization, and develop open-source programs. There are more than 150 participating companies.
(*3) A blockchain is a continually operating system that makes falsification of data very difficult through distributed computing and verification. Because of this, users can expect to safely share data even in the absence of a trustworthy central management figure.
[Corporate Profile: KDDI CORPORATION]
KDDI CORPORATION http://www.kddi.com/
|Date of Establishment||:||
|Head Office||:||3-10-10, Iidabashi, Chiyoda-ku, Tokyo|
|President||:||President Takashi Tanaka|
|Main Business||:||Telecommunications business|
[Corporate Profile: KDDI Research, Inc.]
KDDI Research, Inc. http://www.kddi-research.jp/
|Date of Establishment||:||April 1, 1998|
|Head Office||:||2-1-15 Ohara, Fujimino-shi, Saitama, 356-8502 Japan|
|President||:||President and CEO Yasuyuki Nakajima|
|Main Business||:||Research, development, production, sale, and licensing of technologies and systems for information and communications. Survey, research, and consulting on policies, markets, and businesses mainly in the information and communication fields.|
[Corporate Profile: Couger Inc.]
Couger Inc. http://couger.co.jp/
|Date of Establishment||:||
|Head Office||:||Koshiichi Bldg #403, 6-19-16, Jingumae, Shibuya-ku, Tokyo, 150-0001, Japan|
|President||:||CEO Atsushi Ishii|
|Main Business||:||Architecture and development of platforms to apply artificial intelligence, robotics, and blockchain technologies and large-scale server-side system.|
[Corporate Profile: trident-arts co., ltd.]
trident-arts co., ltd. http://trident-arts.net/
|Date of Establishment||:||2016|
|Head Office||:||Chuo-ku Ginza 7-11-3 Yajima building 8F-10, Tokyo, Japan|
|President||:||CEO Koji Machi|
|Main Business||:||Development of open source softwares|
|Consulting of enterprise smartcontract development|
|Design and development of enterprise smartcontract|
[Corporate Profile: Centaurus Works inc.]
Centaurus Works inc. http://centaurusworks.jp/
|Date of Establishment||:||April, 2017|
|Head Office||:||Chiyoda-ku Kudan-minami 1-6-17 ,Tokyo, Japan|
|President||:||CEO Kenichiro Kawasaki|
|Main Business||:||Development and operation of smart contract system using AI and blockchain technology|
Naoki Hiraoka, +81-3-6678-0690
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
Avalara Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares20.6.2018 00:20 | Tiedote
Avalara, Inc. (NYSE: AVLR) today announced the closing of its initial public offering of 8,625,000 shares of common stock, including the full exercise by the underwriters of their option to purchase 1,125,000 additional shares of common stock, at a price to the public of $24.00 per share. The shares began trading on the New York Stock Exchange on June 15, 2018 under the symbol “AVLR.” Goldman Sachs & Co. LLC, J.P. Morgan, and BofA Merrill Lynch acted as book-running managers for the offering. JMP Securities, KeyBanc Capital Markets, and Stifel acted as co-managers. The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at 866-471-2526, or by email at email@example.com, or from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at
Unilever Calls on Content Creators and Distributors to Eradicate Stereotypes19.6.2018 20:42 | Tiedote
Unilever is calling on content creators and distributors to act now to eliminate outdated stereotypes. The move marks the latest step in the company’s industry-leading Unstereotype initiative, which launched two years ago with the aim of eliminating harmful and diminishing portrayals of people across advertising. As part of its Unstereotype commitment Unilever is expanding that initiative across all forms of content and branded entertainment, and today announces a three-year multi-million-dollar deal with Rexona, the world’s biggest deodorant brand, and Simon Fuller’s XIX Entertainment. Rexona (also known as Sure, Degree and Shield depending on the country) will partner with NOW UNITED, the first ever global pop group comprised of 14 artists from 14 countries including Brazil, China, Germany, India, Philippines, Senegal, US and UK. Together, will co-create content across multiple channels that unites different cultures through the joy of dance, celebrating movement and inspiring people
Universal Laser Systems Expands Its Materials Database with Henkel, Hexcel and Saint-Gobain Materials19.6.2018 15:05 | Tiedote
Universal Laser Systems (ULS) announces the addition of Henkel, Hexcel® and Saint-Gobain materials to its materials database, the most extensive repository of laser material processing parameters for materials in the range of 10 watts to 500 watts. The Henkel, Hexcel and Saint-Gobain materials new to the ULS materials database were specifically added for laser processing with the ULTRA and XLS platforms, suited for high accuracy and precision laser cutting, laser ablation and laser surface modification. The materials include: Henkel Bergquist™ Gap Pad® VO Thermal Material Henkel Bergquist™ Hi-Flow® 105 Thermal Material Henkel LOCTITE® EA 7000 AERO Film Henkel Hysol® EA 9696 AERO Film Henkel Bergquist™ Sil-Pad A2000 Thermal Material Hexcel® HexForce® 353 Aramid Fabric Hexcel® HexForce® 282 Carbon Fabric Saint-Gobain CHEMFILM® DF100 Cast PTFE Film Saint-Gobain CHEMFILM® ETFE-E2 Extruded Fluoropolymer Film Laser processing notes, describing the results of the laser-material interaction fo
Valence Advises Itaúsa on Sale of Brazilian Chemical Co Elekeiroz to H.I.G. Capital19.6.2018 14:57 | Tiedote
The Valence Group acted as advisor to Itaúsa on its sale of Brazilian chemical company Elekeiroz for R$160 million (EV), reduced by the net debt and proportionate to its shareholding (96.5% of total capital stock). The Company is a leading local producer of oxo-alcohols, plasticizers and anhydrides. About Itaúsa Itaúsa is a Brazilian holding company which controls several companies active in areas such as the financial sector; industries include wood panels, bathroom fittings and fixtures; infra-structure; and retail. It is one of the largest private conglomerates in Brazil and one of the largest in the world. About Elekeiroz Founded in 1894 and headquartered in Várzea Paulista – São Paulo, Elekeiroz operates in the chemicals manufacturing market. Through two production sites in Várzea Paulista and Camaçari – Bahia, the Company’s portfolio includes Oxo-Alcohols, Plasticizers, Phthalic & Maleic Anhydrides, Sulfuric Acid and other by-products. Elekeiroz has a diversified client base, com
Dole Adds Industry Veteran Michael Solomon as President of Dole Fresh Vegetables19.6.2018 13:00 | Tiedote
Dole Food Company, Inc. announced the appointment of Michael H. Solomon as the new President of Dole Fresh Vegetables effective June 18, 2018. As Dole Fresh Vegetables President, Solomon will have responsibility for all of the division's operations across North America. He will report directly to Dole Food Company President and Chief Executive Officer Johan Linden. With 30 years experience, including within the food and beverage industry, Solomon has a proven success record of taking high-performance brands to the next level, increasing performance and margins in sales, plant operations, and profit growth. Among other positions, Solomon has held roles of President of POM Wonderful and President and CEO of Ready Pac Foods, Inc., prior to joining Dole. “Michael has built an impressive track record of strategic, operational and commercial accomplishments,” said Johan Linden, President and Chief Executive Officer of Dole Food Company. “He has considerable experience and knowledge of the fr
Enamine and TBD Biodiscovery Collaborate to Provide GMP-Based Services19.6.2018 11:08 | Tiedote
Enamine Ltd., a chemical research organization and producer of novel building blocks and screening libraries, and TBD Biodiscovery, a premium GMP manufacturer of fine chemicals including chemical active pharmaceutical ingredients (APIs), today announced they have entered into a collaboration agreement. The partnership aims to manage the transition of chemical synthesis of novel intermediates from laboratory to bulk scale under GMP standards utilizing Enamine’s know-how and process development expertise. This will help researchers meet the manufacturing feasibility criteria required for drug candidate selection, providing a rapid and cost effective scaled supply of new compounds. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180619005582/en/ Enamine’s catalogue of building blocks is the largest in the world and has been widely used by pharmaceutical companies for more than 15 years to develop lead compounds and drug candidat
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme