{"id":1078,"date":"2016-07-08T13:45:00","date_gmt":"2016-07-08T13:45:00","guid":{"rendered":"https:\/\/blog.holytransaction.com\/2016\/07\/mitsubishi-invests-in-blockchain.html"},"modified":"2022-12-27T00:23:49","modified_gmt":"2022-12-26T22:23:49","slug":"mitsubishi-invests-in-blockchain","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/07\/mitsubishi-invests-in-blockchain.html","title":{"rendered":"Mitsubishi invests in Blockchain"},"content":{"rendered":"<div style=\"clear: both; text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4768\" title=\"\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2016\/07\/japanese-lamps.jpeg\" alt=\"japanese lamps\" width=\"400\" height=\"267\" \/><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Today Coinbase announced that has raised $10.5m thanks to <b>Bank of Tokyo Mitsubishi UFJ,\u00a0<\/b><\/div>\n<p>&nbsp;<\/p>\n<div style=\"text-align: justify;\"><b>Mitsubishi UFJ Capital and Sozo Ventures.<\/b><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<p>&nbsp;<\/p>\n<div style=\"text-align: justify;\">Also, <a href=\"https:\/\/holytransaction.com\/blog\/2016\/08\/bank-of-tokyo-works-on-a-blockchain-project-with-hitachi.html\">Bank of Tokyo<\/a> <a href=\"http:\/\/www.bk.mufg.jp\/global\/\">Mitsubishi UFJ<\/a> itself started a new <a href=\"https:\/\/blog.coinbase.com\/2016\/07\/07\/coinbase-partners-with-btmu\/\">partnership<\/a> with Coinbase, confirming rumors that the American startup was working on a proof-of-work project with an Asian bank.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Thanks to this move, Mitsubishi invests in blockchain applications.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<h3 style=\"text-align: justify;\">Mitsubishi invests in Blockchain: a gap to fill up<\/h3>\n<p>&nbsp;<\/p>\n<div style=\"text-align: justify;\">In a press release, Coinbase explained that this collaboration will allow to fill up the gap between the blockchain and traditional financial institutions.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<p>&nbsp;<\/p>\n<div style=\"text-align: justify;\"><i>&#8220;Partnering with leading global financial institutions is a key part of our strategy and we are thrilled to be working with BTMU.&#8221;<\/i><\/div>\n<p>&nbsp;<\/p>\n<div style=\"text-align: justify;\">Also, the well-known exchange commented that wants to launch several services in Japan; this way the startup will be able to serve a second Asian market.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<h3 style=\"text-align: justify;\">Mitsubishi to have its own cryptocurrency<\/h3>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">A few days ago,\u00a0<a href=\"http:\/\/www.cnbc.com\/2016\/06\/14\/bitcoin-news-bank-of-tokyo-mitsubishi-says-testing-its-own-digital-currency-based-on-blockchain-technology.html\">Bank of Tokyo-Mitsubishi UFJ\u00a0also revealed that is testing its own digital currency.<\/a><\/div>\n<p>&nbsp;<\/p>\n<div style=\"text-align: justify;\">This news came<span style=\"background-color: white; color: #424858; font-family: 'gotham narrow ssm 4r' , 'arial'; font-size: 16px; line-height: 24px;\">\u00a0<\/span>following a report from the <b>Asahi Shimbun<\/b> newspaper and the bank will soon issue a virtual currency (<b>the MUFG Coin?<\/b>) that will be available next year.<\/div>\n<h3 style=\"text-align: justify;\"><b><br \/>\n<\/b><b>Digital Currencies Wallet\u00a0<\/b><\/h3>\n<div style=\"clear: both; text-align: center;\"><a style=\"clear: right; float: right; margin-bottom: 1em; margin-left: 1em;\" href=\"https:\/\/3.bp.blogspot.com\/-JrNqe9Ufa_I\/Vw5xWCp-4uI\/AAAAAAAAAX0\/ewYa_sJ1mD4ybIYjXMRYkneGId0Sd_RPACKgB\/s1600\/HTBannerOrange.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/3.bp.blogspot.com\/-JrNqe9Ufa_I\/Vw5xWCp-4uI\/AAAAAAAAAX0\/ewYa_sJ1mD4ybIYjXMRYkneGId0Sd_RPACKgB\/s200\/HTBannerOrange.png\" width=\"200\" height=\"166\" border=\"0\" \/><\/a><\/div>\n<p>&nbsp;<\/p>\n<div><b>\u00a0<\/b><\/div>\n<div>HolyTransaction is a Universal Wallet where you can store in a safe and unique place all your digital currencies managing just an account.<\/div>\n<div><\/div>\n<div>This is an innovation, as usually you need a wallet for each cryptocurrency you have.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/holytransaction.com\/\">Open here your Universal Wallet for free.\u00a0<\/a><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Today Coinbase announced that has raised $10.5m thanks to Bank of Tokyo Mitsubishi UFJ,\u00a0 &nbsp; Mitsubishi UFJ Capital and Sozo Ventures. &nbsp; Also, Bank of Tokyo Mitsubishi UFJ itself started a new partnership with Coinbase, confirming rumors that the American startup was working on a proof-of-work project with an Asian bank. Thanks to this move, [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60,101,164,345,376,439,522,528,635],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mitsubishi invests in Blockchain -<\/title>\n<meta name=\"description\" content=\"Stay up-to-date with HolyTransaction&#039;s blog: read about Mitsubishi&#039;s investment in blockchain technology and what it means for the future of finance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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