CRYPTO & BLOCKCHAIN ASSET EXCHANGE/TRADE
PayBito
Unidax
Vaultoro
Evolve Markets
BitMart
Nauticus

Factom now working with Japan Social Security

Factom now working with Japan Social Security
Kaula Inc. and Atrris Corporation have formed a joint development of a usage record management system utilizing Factom’s blockchain solution. The initiative will retain record authenticity and tamper resistance to data processing of the Japanese social security system.

Kaula Incorporated, a blockchain platform today announced that Kaula and Atrris Co., Ltd., who has been developing personnel, payment, accounting and medical logistics systems, have agreed to jointly develop a “usage record management system” against data involved in the above applications using the Factom blockchain.
Using this system, users can retain authenticity and tamper resistance of log records generated when the Japanese social security system’s data is processed – when information is added, updated, deleted or retrieved in mission-critical applications.
Kaula and Atrris will also jointly promote further business around the “usage record management system.”

Background of Collaboration

Recently, blockchain technology has received attention because of its great potential to drastically change the way we do business and the impact it will have on society. Blockchain has become the solution requested to achieve record authenticity or tamper resistance against processed results in mission-critical applications that Atrris develops. Kaula and Atrris have been investigating ways to conquer this requirement, where they use their knowledge combined with Factom’s blockchain technology, a data layer blockchain product, for use cases that office staff of local government access data of the Japanese social security number system.
Now that Kaula and Atrris have completed a PoC (Proof of Concept) and confirmed that their jointly developed usage record management system can retain log record authenticity or tamper resistance, both companies will proceed to the next step of experimental proof with their customers, and then will apply the system to business applications.
In addition, by using Factom you can more securely and surely manage, track and audit various kinds of documents or records such as log records in general, loan records, securities or insurance contracts and medical data and others in a decentralized way than legacy centralized systems. Kaula and Atrris will widely and jointly promote the usage record management system to these business areas.

Check Out...  Yooya adopts Factom blockchain for video performance verification in China
Source:Kaula Inc.

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry that something went wrong, repeat again!

4comments

by Newest
by Best by Newest by Oldest
1

Pretty thin on details.. seriously doubt their PoC was using ‘real’ user data.. @_@
Has Factom, fresh off Series-A round, rolled Social Security project for any country?

2

a trusted coin, decided to invest 10k on it

3

Besides Ethereum, Factom has me very excited about their current activity and relationships, as well as their potential.

4

Factom have some of the biggest ideas and contracts in crypto.