NEWS BITCOIN - Mitsubishi & Hitachi Trial Blockchain-Based CheckingBlockchain technology has become quite popular in Japan to financial institutions that reside in the region. According to Nikkei, this particular project will be taking place in Singapore.
The two companies believe that the check processing prototype could be used by banks and businesses within the region. Hitachi is hoping to create a more efficient network of development orders while Mitsubishi UFJ is looking to benefit by bringing fintech solutions to Asia. The two companies will begin trials on August 22 and hope to have a fully operational system by 2018.
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https://news.bitcoin.com/mitsubishi-hitachi-blockchain-checking/
