Many Major Retail in Japan which has now started to Adopt Payment Bitcoin

                    

In early April 2017 this, Bitcoin has obtained legal status as a legitimate currency in the country of Japan. Cryptocurrency revolution into a storm in the country, retail outlets in Japan started moving to capitalize on technology and economic shifts it by inserting an extra option in the Bitcoin as payment system.

According to a report on one of the media business in Japan, the two biggest retailgroup in Japan – Bic Camera and Recruit Lifestyle have begun exploring Bitcoin as payment options. These players have partnered with popular cryptocurrency platformin its territory to enable digital currency payment option for their customers.

BIC Camera has signed a partnership with bitFlyer to start conducting trials Bitcoin payments option. It was reported that this experiment is limited to the two outlet – the company's flagship store in Tokyo's Yurakucho district and outlets hybrid Bicqlo Bic Camera in Shinjuku.

Similarly, the Recruiting Lifestyle – companies that offer application-based sales solutions for businesses across the country have joined forces with Coincheck to provide payment options to Its AirRegi application Bitcoin. The inclusion of a crypto-payment AirRegi will allow more than 260,000 outlets across the country to begin receiving payments Bitcoin. Each time the customer making the payment with the application AirRegi bitcoin post, Coincheck will process payments and retailers/retailer will receive payment in the form of yen.

Proactive approach undertaken by Bic Camera and Recruit Lifestyle make Bitcoin payments equivalent to other electronic payment options that are currently available in the country of Japan. Previously, Bitcoin accepted by over 4500 stores in Japan while more than 700,000 outlet has been actively using the other digital payment model.

With developments like this, Japan is poised to be one of the market leading cryptocurrency. Whether this is the beginning of the development of the Bitcoin? And whether Asia especially Indonesia can become a leader in encouraging advances Bitcoinon the world.

Source: Nikkei Asian Review

Many Major Retail in Japan which has now started to Adopt Payment Bitcoin.