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The goal of the metaverse alliance is to help build the framework for corporations to tap into Web3 marketing, work reform and consumer experience initiatives, the press release said. RYUGUKOKU (TBD) will serve as a virtual world to connect users to different Web3 services created by companies and government agencies. Source
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Mitsubishi UFJ Financial Group (MUFG) will close its blockchain payment venture due to slow profits, Japan’s largest bank announced on Tuesday. See related article: Japan’s Mitsubishi UFJ to issue yen-pegged stablecoin: report Fast facts MUFG said it is preparing to halt and liquidate Global Open Network Japan, Inc. (GO-NET Japan).GO-NET Japan, set up
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IBM Japan is collaborating with Mitsubishi Heavy Industries (MHI) to launch a blockchain-based solution for the tracking, capture, and re-usage of CO2. Dubbed CO2NNEX, the CO2 tracking platform will be powered by IBM’s blockchain technology while Mitsubishi will be responsible for managing the physical infrastructure that captures the gas, according
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