{"id":14145,"date":"2025-02-19T11:10:34","date_gmt":"2025-02-19T02:10:34","guid":{"rendered":"https:\/\/digitalplatformer.co.jp\/?p=14145"},"modified":"2025-02-19T11:31:10","modified_gmt":"2025-02-19T02:31:10","slug":"20250219_01","status":"publish","type":"post","link":"https:\/\/digitalplatformer.co.jp\/en\/20250219_01\/","title":{"rendered":"Digital Platformer Joins Hitachi-led AML Efficiency and Accuracy Enhancement Pilot Program"},"content":{"rendered":"\n

Enhancing Secure and Transparent Digital Asset Transactions<\/strong><\/h2>\n\n\n\n

February 17, 2025<\/p>\n\n\n\n

Tokyo, Japan \u2013 February 17, 2025 \u2013 Digital Platformer Inc. (Headquarters: Chiyoda-ku, Tokyo; CEO: Ikkei Matsuda, hereafter \u201cDigital Platformer\u201d) today announced its participation in an anti-money laundering (AML) pilot program led by Hitachi, Ltd. (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Keiji Kojima, hereafter \u201cHitachi\u201d). This initiative aims to strengthen AML measures in digital asset transactions, including cryptocurrencies, stablecoins, and NFTs, by improving monitoring efficiency and accuracy. The pilot will be conducted from February to April 2025, with the goal of advancing risk management across the digital asset ecosystem.<\/p>\n\n\n\n

<\/div>\n\n\n\n

background<\/strong><\/h2>\n\n\n\n

As the digital asset market rapidly expands, the risks associated with money laundering and illicit activities have also increased. To address these challenges, global AML regulations are tightening. However, compliance efforts are often disjointed, with crypto exchanges, Web3 businesses, and financial institutions managing AML independently. This fragmented approach results in high compliance costs and a shortage of specialized AML personnel, making it difficult to effectively prevent financial crimes in the digital asset space.<\/p>\n\n\n\n

To tackle these issues, Hitachi and its partners are collaborating to centralize and streamline AML efforts across the industry. This pilot program will explore how a shared, unified AML infrastructure can enhance both efficiency and compliance.<\/p>\n\n\n\n

<\/div>\n\n\n\n

Pilot Program Overview<\/strong><\/h2>\n\n\n\n

The pilot, conducted from February to April 2025, will evaluate AML transaction monitoring capabilities by pooling system resources, expertise, and data across multiple institutions.

Key Initiatives:
Centralized AML Data Sharing:
\u2022Traditionally, each entity collects, stores, and analyzes AML-related data independently.
\u2022Under this pilot, participants will share their AML data through Hitachi\u2019s dedicated platform, enabling cross-institutional analysis.

Enhanced Risk Detection & Feedback Mechanism:

\u2022The shared platform will analyze transactional risks and provide real-time feedback to participating institutions.
\u2022The goal is to improve risk detection accuracy and reduce compliance costs.
Automation of AML Monitoring Processes:
\u2022Leveraging open transaction data, the platform will explore automated transaction monitoring to enhance efficiency and reduce manual compliance efforts.<\/p>\n\n\n\n

<\/div>\n\n\n\n

Digital Platformer\u2019s Role<\/strong><\/h2>\n\n\n\n

As part of this pilot, Digital Platformer will test the platform\u2019s functionalities and assess its effectiveness in AML operations.<\/p>\n\n\n\n

Looking ahead, the company will leverage decentralized identity (DID) technology to support key AML challenges, including:<\/p>\n\n\n\n