Mr. Kitao's Vision for Blockchain at WebX Asia Highlights the SBI Group Partners with XDC Network.
At the recent WebX Asia event in Japan, Mr. Yoshitaka Kitao, Representative Director, Chairman, President & CEO of SBI Group, spotlighted the partnership that could reshape blockchain technology's role in global trade finance and cross-border payments. The collaboration between SBI Group and the XDC Network marks a significant development in the application of blockchain technology across Asia and beyond. Crypto Eri, a well-known figure in the crypto community, shared the excitement by posting a video of Mr. Kitao’s presentation on X (formerly Twitter). In the video, Mr. Kitao laid out the strategic objectives and the vision behind this groundbreaking collaboration, which aims to leverage the advanced blockchain capabilities of the XDC Network to address some of the most pressing challenges in trade finance and cross-border payments. The Birth of SBI XDC Network APAC This new initiative is driven by SBI XDC Network APAC, a joint venture between SBI Holdings and the XDC Net