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MUFG and Akamai Technologies formed Global Open Network.

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Private

Japan

blockchain

payment solutions

Joint Venture

Payments / Commerce

Synopsis

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Mitsubishi UFJ Financial Group, a Japanese bank holding company, and Akamai Technologies, an American content delivery network and cloud service provider headquartered in Cambridge, formed Global Open Network to provide a blockchain technology-based online payment network for Japan. Financial terms were not disclosed.

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