Japan’s Largest Bank to Run Blockchain Payments Network by Early 2020

Blockchain technology is making inroads in the financial sector. Banks are experimenting with this technology for various purposes. Japan’s biggest bank is ready to take things to the next level. Mitsubishi UFJ Financial Group – or MUFG – is partnering with Akamai to handle up to 1 million transactions per second.
MUFG has a Bold Plan of Action
For several years now, banks have been experimenting with blockchain technology. After multiple trials, tests, and proofs of concept, t