Sumitomo Mitsui Financial Group (SMBC Group) has announced that it will start a demonstration experiment to utilize "Soulbound Token (SBT)", a non-transferable NFT (non-fungible token), for proof such as identity verification. The Nikkei Shimbun reported on the 7th.

Collaborate with HashPort, which develops blockchain and NFT businesses, and start experiments in 2022. In FY2011, we will move to experiments with other companies assuming customer acquisition. This is the first case for a Japanese bank to issue an SBT with commercialization in mind.