NEDO Launches Blockchain Competition with Million-Yen Prize

Japan’s NEDO (New Energy and Industrial Technology Development Organization) offers substantial rewards to spur blockchain innovation.

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Terms & Concepts
  • Blockchain: A decentralized digital ledger that records transactions across multiple computers securely and transparently.
  • NEDO (New Energy and Industrial Technology Development Organization): A Japanese government agency that supports technology innovation and industrial development through funding and competitions.