With 50 or so employees, Tokyo-based DeCurret is working on the design of the digital yen and coordinating the Digital Currency Forum (DCF). Run through for detail overview. There are unique – and sometimes frustrating – features of Tokyo’s metro system. Unlike most subway systems in the world, it is operated by several companies and a municipality branch, which means you have to buy different tickets for different lines.Japan’s digital yen might look a lot like that.With 50 or so employees, Tokyo-based DeCurret is working on the design of the digital yen and coordinating the Digital Currency Forum (DCF), a consortium of 74 of Japan’s largest banks to roll out the digital currency. The digital yen will be issued by commercial banks as a liability on their books, much like conventional deposits, according to a white paper published in November.Decurrent intends to create a platform that banks can use to issue the digital currency, and it also plans to issue the digital yen by the end
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