[7-Company Joint Project] Successful Proof-of-Concept for Automated Payment/Reconciliation Linking Ryutsu BMS and Tokenized Deposits

The Invoice Chain Subcommittee of the Digital Currency Forum, with DeCurret DCP serving as the secretariat, is exploring unified standards for siloed accounting and payment services, as well as addressing challenges in B2B payments through blockchain-based industry standard systems and DCJPY. Recently, Tsuruha Holdings, Aeon Smart Technology, Ikeda Senshu Bank, Kao Group Customer Marketing, Cyberlinks, Miroku Jyoho Service, and DeCurret DCP, along with other supporting companies, conducted a PoC involving nine firms. The experiment focused on linking order data via Ryutsu BMS to accounts receivable management systems and automating payment reconciliation using tokenized deposits.

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Based on these results, the short-term goal is to streamline payment and collection processes for accounting departments without significantly altering current workflows, while automating the reconciliation of accounts receivable and payable. Long-term, the goal is to reform workflows, achieve full automation, and strengthen treasury functions. The subcommittee plans to continue discussions for social implementation by addressing functional challenges in EDI use cases.