Mitsubishi UFJ Financial Group Inc one of the top five banks in the world announced its intention of testing a proprietary cryptocurrency by 2025 The idea is to roll out its coin initially to a relative handful of customers hoping theyll participate in finding inevitable bugs as they make typical retail purchases For Japan its yet another indication the countrys business culture is betting on a crypto future

An aspirant to the post of commissioner with the Kenyan Independent Electoral and Boundaries Commission IEBC has urged the elections body to consider adopting blockchain technology According to Justus Abonyo a former official with the Social Democratic Party of Kenya doing this will help Kenya reduce the cost of running an election by up to 300 per cent

Over the past few years Bitcoins difficulty and hash rates have steadily risen exponentially So too has theelectricity consumption of Bitcoin miners has risen as well which is causing some concern among experts

Mitsubishi UFJ Financial Group Inc one of the top five banks in the world announced its intention of testing a proprietary cryptocurrency by 2025 The idea is to roll out its coin initially to a relative handful of customers hoping theyll participate in finding inevitable bugs as they make typical retail purchases For Japan its yet another indication the countrys business culture is betting on a crypto future