Japan plans to establish a block chain system for real-time settlement of stocks and national debt

Japan plans to establish a system based on block chains that will result in the immediate, 24/7 settlement of stocks and government bonds. The Japanese Finance Office, the Ministry of Finance and the Bank of Japan, in cooperation with financial institutions, may monetize the reserves of the Bank of Japan to achieve real-time settlement. The development plan is expected to be ready by early 2027, with the system likely to be online in the early 2030s, marking an important step in the chaining of traditional financial markets。