Shinoken Group and JAPAN POST BANK Start Tokenized Deposits PoC
DeCurret DCP has signed a basic agreement for collaboration with Shinoken Group and JAPAN POST BANK for collaboration to utilize JAPAN POST BANK's tokenized deposits.
Tokenized deposits
Tokenized deposits are bank deposits converted into tokens. They offer the same security and reliability as traditional bank deposits while leveraging technologies like blockchain to provide convenient digital access. By linking transaction records and contract terms, they enable diverse services such as controlling and automating fund flows. While proof-of-concept (PoC) trials for various industries are currently underway, the Shinoken Group is the first to conduct a PoC utilizing tokenized deposits within the real estate industry.
Types of Digital Currency
Mechanism of Tokenized Deposits
Proof-of-Concept and Schedule
This proof-of-concept (PoC) will verify the automation and efficiency of payments utilizing tokenized deposits, using the monthly rent payments in Shinoken Group's rental management as a use case. The parties aim to complete this by the end of December 2025. Based on the results, they will proceed with preparations for full-scale implementation starting in 2026.
Future Service Development
Using this tokenized deposit, which enables instant settlement, allows for greater flexibility and convenience in daily life. For example, payments that previously had fixed due dates—such as rent, gas, and electricity bills—can now be freely set within a certain range according to the customer's convenience.
Furthermore, the Shinoken Group is considering rewarding “Shinoken Coins” (the Group's proprietary points) based on lifestyle history, such as tenancy duration, payment history, and tenant referrals. The goal is to enable seamless use of accumulated Shinoken Coins across services provided by the Shinoken Group, such as searching for your next residence.
Business Initiatives Utilizing Shinoken Group's Tokenized Deposits
Future Outlook
Through collaboration with the Shinoken Group and JAPAN POST BANK, DeCurret DCP will enter into the real estate industry's settlement services for the first time. By working together to solve industry challenges and create new value, DeCurret DCP will contribute to the overall development of the real estate sector through tokenized deposits. Moving forward, DeCurret DCP will continue to work with various companies to create new economic ecosystems using tokenized deposits.
Norbert Gehrke
