Recycling firm
Soramitsu is seeking to put into full operation its blockchain technology-based digital payment platform "Bakong" which it developed for the
The duo plans to develop a credit-scoring system by combining the payment data of Soramitsu and the loan data of
According to the statement, they aim to expand financial services for Cambodians without access to financial institutions, constituting around 80 percent of the population over the age of 15. The venture will lend via the smartphones that are owned by most people in the country.
They plan to develop core digital banking systems for other Southeast Asian countries in the future. (NNA/Kyodo)
==Kyodo
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