Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: Henrikbliss on May 17, 2018, 03:30:01 PM

Title: MUFG Coin: Japan’s Largest Bank to Launch Its Own Cryptocurrency
Post by: Henrikbliss on May 17, 2018, 03:30:01 PM

The banking arm of Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is planning to test its own cryptocurrency as early as 2019, according to a report from local news outlet NHK.

MUFG is reportedly planning a large-scale trial involving nearly 100,000 account holders. Users would be able to use the digital token to make payments at restaurants, convenience stores and other shops, as well as make transfers to the accounts of other participants.

Read More: https://news.bitzamp.com/mufg-coin-japans-largest-bank-to-launch-own-cryptocurrency/ (https://news.bitzamp.com/mufg-coin-japans-largest-bank-to-launch-own-cryptocurrency/)

Title: Re: MUFG Coin: Japan’s Largest Bank to Launch Its Own Cryptocurrency
Post by: cowz on May 20, 2018, 12:51:47 PM

This is a good step forwards for the adoption of blockchain technology, but i would prefer it it didn't come from a bank. The concept of bitcoin is to be your own bank

Title: Re: MUFG Coin: Japan’s Largest Bank to Launch Its Own Cryptocurrency
Post by: Niteroy on May 29, 2018, 06:51:32 AM

Now many states, cryptocurrency exchanges, large corporations and companies are planning to launch their own coins, this is natural. We have already come to the fact that every day there is a dozen different new cryptocurrencies. Let's see what all this will lead to and what coins will show the best prospects.