Sept 16 (Reuters) - IBM And Bank of Tokyo * Mitsubishi UFJ to use blockchain for contract management between the two companies * Says IBM and BTMU aim to manage agreements between two companies with system by end of fiscal year 2017 * Says bank plans to begin using it to manage contracts within their business in fiscal year 2017 * Two companies will begin by piloting blockchain to automate business transactions between two companies Source text for Eikon: Further company coverage:
Financial group # ##i will use blockchain for contract management between IBM and the Bank of Tokyo , aiming to implement the protocol by the end of the fiscal year in 2017 . IBM and the chamber of commerce will pilot the blockchain capable of automating business transactions between two separate companies .