Japanese Bitcoin Growth Continues with New E-Commerce Platform
The number of locally developed, professional bitcoin services launching in Japan recently is a sign of growing acceptance in the country. The latest is a multi-service bitcoin platform called Coincheck, which offers a wallet, exchange and merchant payment system. A new feature aimed directly at the e-commerce industry, called 'Coincheck for EC' will launch on 14th September. Takuro Mizobe, one of Coincheck's lead engineers, told CoinDesk the company was in negotiations with several online merchants who had contacted the company, looking for the marketing edge they would potentially gain....
Related News
Rakuten announced that it plans to enable customers to choose bitcoin as a payment option by integrating Bitnet's payment processing platform on a number of its marketplaces. The Internet services giant will begin accepting the new payment method first in the United States, then in Germany and Austria. The integration with Bitnet's platform will make Rakuten one of the largest e-commerce companies in the world to accept bitcoin payments. "Rakuten's mission is to empower the world through the Internet," said Yaz Iida, President of Rakuten USA. "Not only can bitcoin support this vision by....
Blockchain technology has gotten a major boost in Japan as Rakuten has committed itself to the research and development of blockchain solutions for e-commerce. Meanwhile, Ripple's Asian branch has announced a new bank consortium to build and deploy a blockchain-enabled platform for payments and settlements. Japan's internet and e-commerce giant Rakuten has opened a new blockchain lab in Belfast, Ireland, dedicated to developing blockchain applications for the fintech and e-commerce sectors. The launch of the Rakuten Blockchain Lab (RBL) follows the firm's acquisition of Bitnet....
The Japanese e-commerce giant Rakuten.com announced today that it has completed the integration with Bitnet's payment processing platform in order to accept Bitcoin in payment. The complete press release can be read here. Shoppers will now receive complete consumer protection while making payments in Bitcoin to merchants through Rakuten.com. Rakuten.com will also be running a bitcoin promotion campaign from April 1. The president of Rakuten.com Fumio Kobayashi said, "Bitcoin turned the Internet into a secure, seamless global payment network. By integrating with Bitnet we are now offering....
The size of the Japanese Bitcoin exchange market surpassed that of China and the US, overtaking two major markets to become the largest Bitcoin exchange market in the world with a $135 mln daily trading volume and over 50 percent market share. A whole variety of factors have contributed to such an exceptional growth. However, after careful consideration of major events that have occurred in 2016, the decline of the Chinese market and introduction of sound, practical regulations from the Japanese government might have had the strongest impact on the growth of the Japanese Bitcoin industry.....
Japanese multinational corporation Sony Corporation Ltd. has introduced a new platform to simultaneously fund and auction electronic products based on unique concepts. Titled “First Flight”, the platform intends to incubate new business ideas with the help of Sony’s Seed Acceleration Program. It wants to lead Japanese startups throughout the developments of their products, from previewing to crowdfunding to e-commerce, ensuring accurate productions and timely sales operations. “The First Flight platform and other Seed Acceleration Program initiatives accelerate and optimize this process,”....