The Bank of Tokyo-Mitsubishi UFJ and Hitachi are working on a blockchain-based prototype that processes and verifies the integrity of check payments.
Hitachi & Mitsubishi Test Blockchain-Based Checking
Blockchain 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.
https://news.bitcoin.com/mitsubishi-hit ... -checking/
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