"The government of Tokyo is organizing a new blockchain-focused startup, which is set to officially start in January.

Tokyo Metropolitan Government is working with Japanese think tank Nomura Research Institute (NRI) on the "Blockchain Business Camp Tokyo," the third iteration of a series of accelerator programs that have focused on emerging technologies. The accelerator program is seeking companies based outside of Japan that are focused on applications in areas like supply chain, Internet of Things and capital markets infrastructure, among others.

The application period for the accelerator will last until Nov. 24, officials announced late last week. Five companies are expected to join, and those selected will be notified sometime in December ahead of the program's commencement the following month. The accelerator will last until March, according to statements."