SBI Sumishin Net Bank (SSNB) is a neobank joint venture between SBI Holdings and Sumitomo Mitsui Trust Bank. For the project with DLT Labs, some Japanese retailers and carriers have been invited to join the supply chain finance pilot in Japan, and the project is set to launch soon.
According to DLT Labs, it will be deploying an existing SCF solution. DLT Labs also offers a solution for Walmart, which was built on Hyperledger Fabric, but the company also uses Ethereum. In contrast, SBI Group has technology joint ventures with Ripple and enterprise blockchain firm R3.
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