SBI Ripple Asia to Develop New Payment Platform Utilizing Proprietary Tokens
SBI Ripple Asia has signed a basic agreement with Tobu Top Tours to realize a new payment platform centered on proprietary tokens issued by SBI Ripple Asia for each partner company and organization. Through this initiative, SBI Ripple Asia will integrate NFTs planned and operated by Tobu Top Tours with these proprietary tokens to promote the expansion of fan economies for partner companies and organizations, and will proceed with discussions toward a service launch in the first half of 2026.
Based on this basic agreement, Tobu Top Tours will be responsible for acquiring partners, building networks of users and affiliated stores, and planning marketing measures utilizing NFTs. Meanwhile, SBI Ripple Asia will issue highly reliable proprietary tokens utilizing the blockchain infrastructure XRP Ledger and construct a system that enables customers of partner companies and organizations to use them for payments for accommodations, dining, shopping, services, and more.
The construction of a payment platform utilizing XRP Ledger is an extremely advanced case globally, and is expected to be utilized in many fields including tourism, commerce, and regional revitalization. It is also expected to provide users with a safe and convenient new payment experience while becoming a new growth model that can form and expand unique fan economies for companies and local communities.
With this agreement as an opportunity, SBI Ripple Asia will promote initiatives to contribute even more to the creation of new growth models for regions and companies through the development and provision of new solutions utilizing blockchain technology.
Terms of the Basic Agreement
Both companies have reached basic agreement on the following matters toward the realization of a new payment platform:
- Purpose: To jointly build a new payment platform that integrates proprietary tokens for payments with NFTs that can be equipped with various functions, promoting the expansion of fan economies for partner companies and organizations.
- Roles of Each Company:
- Tobu Top Tours: Partner acquisition, building networks of users and affiliated stores, planning marketing measures utilizing NFTs
- SBI Ripple Asia: Issuance of highly reliable proprietary tokens, construction and provision of payment systems
- Future Plans: Proceed with discussions between both companies aiming for a service launch in the first half of 2026.
Specific Use Cases for This Platform
Both companies envision the following use cases that lead to solving social issues and creating new markets as examples of utilizing this payment platform, and will proceed with consideration:
- Tourism DX and Revitalization of Regional Economies: Issue proprietary tokens that can only be used in specific tourist destinations or shopping districts. Travelers can make smooth cashless payments within the area, and the region promotes consumption stimulation and internal economic circulation. By distributing NFTs as "digital souvenirs" or "future accommodation discount vouchers" when proprietary tokens are used, this contributes to creating a relationship that continues after travel.
- Sustainable Reconstruction and Disaster Area Support: Build a model that provides support funds as proprietary tokens that can only be used in that region for the purpose of disaster area reconstruction. This enables support funds to be used directly at local affiliated stores (restaurants, accommodation facilities, shops, etc.) without flowing out to other regions, thus directly contributing to the reconstruction of the regional economy. This ensures transparency of support and realizes long-term reconstruction assistance.
- Expansion of Fan Economies in Sports and Culture: Professional sports teams, artists, cultural facilities, etc., issue proprietary tokens that can be used in fan communities. In addition to being used for purchasing merchandise and payments at events, fans with NFT membership cards are provided with special experiences according to the amount of proprietary tokens used, maximizing fan engagement and creating new revenue sources.
Norbert Gehrke
