Mitsubishi UFJ's blockchain settlement subsidiary appoints new CEO

GO-NET Japan, a blockchain settlement subsidiary jointly established by Mitsubishi UFJ and Akamai Technologies of the United States, has appointed the former Akamai Technologies Japanese corporation Yong Yongxin as the new CEO. Mitsubishi UFJ Financial Group and Akamai Technologies are working together to develop a high-speed settlement network based on blockchain technology, with plans to begin service in the first half of 2020.