KDDI, a giant telecom and Hitachi, a Japan-based technology conglomerate, have begun testing a big blockchain-based system that can fix retail payments validated with the help of shoppers' fingerprints.
Hitachi and the Bank of Tokyo-Mitsubishi UFJ (BTMU) have recently announced the beginning of Proof-of-Concept (PoC) testing to develop a Blockchain-based system for the digitalization of checks in Singapore. Is this a new era of using Blockchain as a replacement for paper checks?