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Japan to Launch Blockchain Payment Experiment for Tokyo 2020 Olympics

Japan’s famously conservative financial system is set to receive the biggest shakeup in decades as one of the world’s largest financial institutions is building a blockchain-based consumer network designed to handle a million transactions per second in time for the Tokyo 2020 Olympics. The MIT Technology Review reports that Mitsubishi UFJ Financial Group (MUFG), which

Japan’s famously conservative financial system is set to receive the biggest shakeup in decades as one of the world’s largest financial institutions is building a blockchain-based consumer network designed to handle a million transactions per second in time for the Tokyo 2020 Olympics. The MIT Technology Review reports that Mitsubishi UFJ Financial Group (MUFG), which