When "Goods Flow" Meets "Money Flow" — Hitachi and 8 Partners Automate Order-to-Reconciliation Using Tokenized Deposit DCJPY

■ One-stop from ordering to reconciliation

On May 29, Hitachi announced a successful PoC automating the chain of B2B business processes using a tokenized deposit. At its core is "Invoice Chain," a common platform whose main functions Hitachi developed using blockchain. It links order processing under "Distribution BMS" — the consumer-goods retail EDI standard — with settlement via DiceCarrett DCP's DCJPY on a blockchain, unifying the flow of goods and the flow of money. In the trial, receipt and return data destined for Kao Group Customer Marketing was pulled from the Tsuruha Group's ordering system and used to generate commerce tokens. Payment was executed in DCJPY based on those tokens, and after settlement, a reconciliation file for matching against receivables data was automatically generated. A desktop verification confirmed that reconciliation using this file could run without issue.

■ Eliminating dormant manual work in accounting and finance

In B2B transactions, ordering, invoicing, payment confirmation, reconciliation, and accounting are often managed in separate systems, making manual checking and matching a heavy burden for accounting and finance teams. By connecting existing ordering and receivables-management systems through Invoice Chain, the trial confirmed faster, automated processing while preventing mismatches between transaction and settlement data — with potential savings of several person-months of work. DCJPY is a digital currency that tokenizes bank deposits on a blockchain; notably, it is positioned as a "tokenized deposit" rather than a crypto asset or stablecoin, issued by private banks. Ikeda Senshu Bank participated in this trial as such an issuer.

■ An all-Japan lineup and a step toward AI-agent settlement

The PoC was conducted by nine companies centered on the Invoice Chain working group of the Digital Currency Forum, for which DiceCarrett DCP serves as secretariat: AEON Smart Technology, Ikeda Senshu Bank, Kao Group Customer Marketing, Cyberlinks, Tsuruha Holdings, DiceCarrett DCP, Hitachi, Fujitsu, and Miroku Jyoho Service. Launched in 2020, the forum now has 119 participating companies, municipalities, and organizations. Hitachi says it will advance a tamper-resistant digital infrastructure with an eye toward a society in which AI agents handle procurement and payment on behalf of humans.

##[Business Development Insights]

1. For deployment to regulated financial institutions, tokenized deposits face a lower barrier to entry than stablecoins. Because DCJPY is backed by bank deposits and issued by private banks, it can be handled as an extension of existing banking and deposit schemes. For operators that prioritize Japanese regulation, the "tokenized-deposit rail" can be a more standards-aligned choice than a Payment Services Act stablecoin.
2. The source of value is not the settlement rail but the "goods-flow × money-flow integration layer." Invoice Chain's design — threading ordering (Distribution BMS) through settlement, reconciliation, and accounting — shows that owning the connection to existing core systems (EDI, receivables management) is the differentiator, not payment alone. The competitive axis for infrastructure providers shifts from "rails" to "business-process integration."
3. The real prize is groundwork for an "AI-agent settlement society." A tamper-resistant digital base is a precondition for autonomous, human-free B2B payment and procurement. Hitachi's explicit framing of "a society where AI agents handle procurement and settlement" signals that the next competitive axis for payment infrastructure is "AI × verifiability (tamper-resistance)" — opening a fresh opportunity for Web3 infrastructure players to build machine-readable, machine-executable settlement bases.

[Sources]

• NADA NEWS, "Hitachi and 9 Firms Succeed in Automating B2B Transactions with Tokenized Deposit 'DCJPY'" (May 29, 2026) https://www.nadanews.com/352947/
• VOIX, "Overview of Hitachi's Successful PoC Automating B2B Transactions Using a Tokenized Deposit" https://voix.jp/business-cards/hitachi-tokenization-success-experiment/
• Project Design Online, "Hitachi Succeeds in PoC of B2B Automation Using Tokenized Deposit 'DCJPY'" https://www.projectdesign.jp/articles/news/d77df065-6b10-4f92-b923-add16581b7d4
• Business+IT, "Hitachi and 9 Firms Succeed in PoC Automating B2B Transactions with Tokenized Deposit DCJPY" https://www.sbbit.jp/article/fj/185574
• New Economy, "DiceCarrett DCP et al. Succeed in PoC Automating Settlement and Reconciliation Using Distribution BMS and a Tokenized Deposit" https://www.neweconomy.jp/posts/577750
• Hitachi, information on the Digital Currency Forum Invoice Chain working group https://www.hitachi.co.jp/products/it/blockchain/topics/20250219.html