JSF and the Graduate School of Engineering of the University of Tokyo (University of Tokyo) have been conducting empirical research since April 2021 to explore the feasibility of using distributed ledger technology to facilitate transactions involving tokenized securities or collateral in repo transactions and securities lending and borrowing transactions. The two parties released a report on the results on May 30, 2023.*
JSF was responsible for conceptualization and scheme planning, research of related market practices, and compilation of the final report, while the University of Tokyo was in charge of data analysis and review of basic technologies and systems concerning distributed ledger technology.
We expect the findings of this research to be utilized for social implementation in a number of fields in the future, including the securities industry. In addition, we believe that this research, through industry-academia collaboration, provided positive outcomes that address important sustainability issues recognized by JSF, especially contributions to the promotion of academic research activities and the infrastructure of securities and financial markets.
