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  • The article was published in the Nihon Keizai Shimbun (July 10, 2021).

The article was published in the Nihon Keizai Shimbun (July 10, 2021).

7.10.2021
The article was published in the Nihon Keizai Shimbun (July 10, 2021).

The article was published in the Nihon Keizai shimbun. 

5,000 Companies to Complement Procurement: Trade System Connects Japan and Asia: Nihon Keizai Shimbun (nikkei.com) 

 

※ The following is a supplementary explanation of the contents of the report. (added July 10) 

5,000 domestic and overseas companies are expected to be able to find mutually data such as commercial products. 

→ Basically, the data can only be found by parties or items that have given permission to each other (e.g., between business partners for existing business items). As shown in this article, in the context of national security, if you want to search for alternative products such as masks in case of emergency, you will need to get permission from the data owner. 

 

We have already provided TradeWaltz’s technology to a related company in Vietnam and have begun demonstrating it. 

→ I guess this refers to the fact that some users have started using TradeWaltz for notification of LC information in transactions with Vietnamese companies. 

 

The TradeWaltz system has been in trial operation by about 20 domestic companies since 2020. 

→ I guess this refers to the trial operation conducted within the trade consortium. 

 

Companies are required to register their own data, including transaction histories, on the system. There is a possibility that they will not be able to actively disclose information. 

→ Using the system and disclosing information are different contexts. Basically, the purpose of the system is to facilitate information sharing and collaboration among existing business partners. In this case and in other cases, permission from the data holder is required to find the data. 

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