Japanese blockchain company Soramitsu announced it would start testing a new local digital currency for retailers at the University of Aizu.
According to a June 29 report in the newspaper, Soramitsu will begin testing “White Tiger,” a digital currency sitting on the company’s native Hyperledger Iroha blockchain. The digital asset will be tested at cafeterias and shops at the University of Aizu in Fukushima Prefecture, 300 km north of Tokyo, starting on July 1 before gradually being utilized at locations off campus.
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