JapanDigital Finance & Tokenization▲
Blockchain Platform to Visualize Political Funding Flows to Be Introduced at Lawmaker Offices
TradeWorks announced on July 7 a community management platform that records and visualizes the flow of funds such as donations, membership fees, and party ticket purchases on a blockchain, and will formally introduce it at a lawmaker's office from July 8. The name of the recipient has not been disclosed. The platform applies the blockchain-based reward distribution platform for financial institutions, toku-chain, and features functions including management of membership fees and donations, digital issuance and history recording of political fundraising party tickets, and issuance of NFT membership cards. Users can automatically generate a wallet using only an email address, making it usable without specialized Web3 knowledge. An on-chain receipt issuance function is currently under development and planned for future implementation. According to the company, there have been inquiries from several other lawmakers' offices, and it plans to expand to support groups, various organizations, and local communities going forward.