Yesterday, Japanese IT major Fujitsu announced its new ConnectionChain payments technology aimed at facilitating transactions between blockchains. The payments system intends to provide a means for different cryptocurrency networks to interoperate with each other. In a statement, the company said that there is an increasing number of activities around digital currency exchanges and initial coin offerings (ICO). “Settlement between virtual currencies managed using Blockchains [sic], however, requires a reliable application to handle the currency exchange processing at the boundaries between the Blockchains [sic], and ensuring transparency in this process has been an ongoing issue,” the company said in the announcement. According to…

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