[2016-02-02] Tokyo-Mitsubishi UFJ Bank Develops Own Digital Currency

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Tokyo-Mitsubishi UFJ Bank Develops Own Digital Currency
The Tokyo-Mitsubishi UFJ Bank (MUFG), the largest bank in Japan, is going to develop its own cryptocurrency as part of its blockchain research. The project bearing the name “MUFG coin” was launched last autumn. The new digital currency relies on a P2P system that uses smartphones to verify the existence of digital tokens.
http://www.coinspeaker.com/2016/02/02/bank-tokyo-mitsubishi-develop-digital-currency/