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Mitsubishi Launches Blockchain Platform For Trading Precious Metals

American blockchain company, Skuchain Inc. the launch of a blockchain platform, ECO which is a system for precious metals trading. The 10th of August announcement revealed the development of the project is in partnership with Mitsubishi Corporation Rtm Japan Ltd, the mineral trading subsidiary of Mitsubishi Corporation. The announcement also revealed that ECO is powered by Skuchain’s EC3 platform for blockchain-based supply chain management and finance.

Referring to the functions of ECO, the announcement said:

Cointelegraph reportedannouncedLast year, Mitsubishi and several other Japanese manufacturers collaborated to share data via blockchain.

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