Japan
NADA News
Why Put Book-Entry Government Bonds "As-Is" on Chain — An Interview with Progmat's Tatsuya Saito
- Progmat serves as the secretariat for the working-level effort to bring Japan's book-entry transfer government bonds onto blockchain.
- The project is shifting from conceptual/desk-based discussion to building and operating an actual on-chain system.
- Progmat's Tatsuya Saito explains why the bonds are being tokenized "as-is," preserving their existing legal and operational structure rather than creating a new asset format.