Cryptocurrency Report
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Altcoin
  • Blockchain
  • Analysis
  • DeFi
  • NFT
  • ICO
  • Videos
What's Hot

Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs

May 22, 2022

6 Questions for Sonali Giovino of Defiyield – Cointelegraph Magazine

May 22, 2022

NFTs: Empowering artists and charities to embrace the digital movement

May 22, 2022
Facebook Twitter Instagram
  • Advertise
  • Privacy
  • Contact
  • Terms
Facebook Twitter Instagram LinkedIn
Cryptocurrency Report
  • Home
  • News
    1. Bitcoin
    2. Ethereum
    3. Altcoin
    4. View All

    Russian Crypto Regulation Can’t Be Delayed any Longer, Claims Top MP

    May 21, 2022

    G7 Keeps Pushing for Crypto Regulation, Here’s What’s Already Happening

    May 20, 2022

    Terra Honeypot Scam, Blocked Bored Ape NFT Sale, FTX Offers Stocks + More News

    May 20, 2022

    Bitcoin and Ethereum Hold Gains, Altcoins Accelerate

    May 20, 2022

    Crypto Payments on Shopify, Cloudflare Plays With Ethereum, EY & Polygon + More News

    May 20, 2022

    Contradictory Vitalik Buterin Says He Wants a More Bitcoin-like Ethereum

    May 19, 2022

    Bitcoin and Ethereum Look for Direction, ADA and SOL Trim Gains

    May 18, 2022

    Bitcoin and Ethereum Consolidate, ADA, APE, and Multiple Altcoins Rally

    May 18, 2022

    A Curious Coincidence – Major Terra Backers Break Silence on Same Day

    May 20, 2022

    Tether in the Spotlight After USD 9B Worth of Redemptions

    May 20, 2022

    South Korean LUNA Buying Skyrockets, Token Trading at Huge Premium on Domestic Exchanges

    May 20, 2022

    From Silence to Humbling Hell – Major Terra Backers Keep Low Profile as the Small Guy Is ‘the Biggest Loser’

    May 19, 2022

    Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs

    May 22, 2022

    6 Questions for Sonali Giovino of Defiyield – Cointelegraph Magazine

    May 22, 2022

    NFTs: Empowering artists and charities to embrace the digital movement

    May 22, 2022

    Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses

    May 22, 2022
  • Blockchain
  • Analysis
  • DeFi
  • NFT
  • ICO
  • Videos

    The Crypto Metaverse is Growing RAPIDLY! (INSANE MICROSOFT BUY)

    January 18, 2022

    BEST Crypto Safety Guide 101 (Keep Your $$ SAFE with Passphrases)

    January 18, 2022

    SHOCKING: Microsoft Enters the CRYPTO METAVERSE!!! (HUGE $69 Billion CASH Buy)

    January 18, 2022

    URGENT NEWS For Cardano Holders!! (MUST Watch Before Jan 20)

    January 17, 2022

    ⚠️ WARNING To All Bitcoin Holders ⚠️ (Time is RUNNING OUT!!!)

    January 17, 2022
  • bitcoinBitcoin(BTC)
    $42,304.00-0.92% 24H
    BITCOIN
    24H : -0.92%
    Volume : $18,001,823,455.00
    Marketcap : $804,136,324,461.00
  • ethereumEthereum(ETH)
    $3,187.18-1.80% 24H
    ETHEREUM
    24H : -1.80%
    Volume : $11,828,130,842.00
    Marketcap : $383,283,409,099.00
  • tetherTether(USDT)
    $1.000.020% 24H
    TETHER
    24H : 0.020%
    Volume : $42,292,952,195.00
    Marketcap : $82,566,134,570.00
  • binancecoinBNB(BNB)
    $416.19-2.16% 24H
    BNB
    24H : -2.16%
    Volume : $1,421,783,549.00
    Marketcap : $69,948,357,062.00
  • usd-coinUSD Coin(USDC)
    $0.9980.110% 24H
    USD COIN
    24H : 0.110%
    Volume : $3,215,590,549.00
    Marketcap : $50,856,931,622.00
  • solanaSolana(SOL)
    $110.52-1.25% 24H
    SOLANA
    24H : -1.25%
    Volume : $1,326,948,052.00
    Marketcap : $36,230,891,086.00
  • rippleXRP(XRP)
    $0.744-2.62% 24H
    XRP
    24H : -2.62%
    Volume : $2,611,405,064.00
    Marketcap : $35,798,721,281.00
  • cardanoCardano(ADA)
    $1.02-1.97% 24H
    CARDANO
    24H : -1.97%
    Volume : $735,911,632.00
    Marketcap : $32,692,285,870.00
  • terra-lunaTerra(LUNA)
    $87.96-7.21% 24H
    TERRA
    24H : -7.21%
    Volume : $2,091,404,457.00
    Marketcap : $31,224,000,667.00
  • avalanche-2Avalanche(AVAX)
    $79.94-4.23% 24H
    AVALANCHE
    24H : -4.23%
    Volume : $651,461,780.00
    Marketcap : $21,345,345,382.00
  • polkadotPolkadot(DOT)
    $18.98-3.96% 24H
    POLKADOT
    24H : -3.96%
    Volume : $522,492,664.00
    Marketcap : $20,904,948,600.00
  • dogecoinDogecoin(DOGE)
    $0.147-0.35% 24H
    DOGECOIN
    24H : -0.35%
    Volume : $1,709,936,369.00
    Marketcap : $19,528,083,067.00
  • binance-usdBinance USD(BUSD)
    $0.9990.100% 24H
    BINANCE USD
    24H : 0.100%
    Volume : $3,031,521,102.00
    Marketcap : $17,907,585,119.00
  • terrausdTerraUSD(UST)
    $1.000.00% 24H
    TERRAUSD
    24H : 0.00%
    Volume : $710,407,989.00
    Marketcap : $16,759,326,710.00
  • shiba-inuShiba Inu(SHIB)
    $0.000024-0.91% 24H
    SHIBA INU
    24H : -0.91%
    Volume : $622,427,689.00
    Marketcap : $13,391,607,837.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)
    $42,263.00-1.06% 24H
    WRAPPED BITCOIN
    24H : -1.06%
    Volume : $205,987,180.00
    Marketcap : $11,648,041,723.00
  • crypto-com-chainCronos(CRO)
    $0.437-1.87% 24H
    CRONOS
    24H : -1.87%
    Volume : $43,191,918.00
    Marketcap : $11,045,868,142.00
  • nearNEAR Protocol(NEAR)
    $15.96-4.67% 24H
    NEAR PROTOCOL
    24H : -4.67%
    Volume : $1,001,407,008.00
    Marketcap : $10,603,423,829.00
  • staked-etherLido Staked Ether(STETH)
    $3,182.92-1.85% 24H
    LIDO STAKED ETHER
    24H : -1.85%
    Volume : $8,945,498.00
    Marketcap : $10,259,684,260.00
  • matic-networkPolygon(MATIC)
    $1.43-2.09% 24H
    POLYGON
    24H : -2.09%
    Volume : $379,202,804.00
    Marketcap : $9,786,905,958.00
Cryptocurrency Report
Home » Fujitsu Affiliate to Pilot Blockchain Pay Platform
Blockchain

Fujitsu Affiliate to Pilot Blockchain Pay Platform

CryptoReporterBy CryptoReporterJanuary 19, 2022No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
Source: AdobeStock/Panama

The Japanese IT giant Fujitsu is to embark on a blockchain technology-powered payment project at a major new commercial center in the city of Saitama, some 30km from Tokyo.

According to a press release, an initial pilot involving a token named Sakura Town Coin will run from this month until April next year at Tokorozawa Sakura Town, a new, 25,000sqm pop cultural attraction complex that opened last year in Saitama’s Tokorozawa District.

The complex is a joint-venture initiative involving the Kadokawa Corporation – a book publishing and manga heavyweight that is minority-owned by China’s Tencent – and the Tokorozawa local government. The complex features an anime-themed hotel and a massive bookstore, as well as a cultural center designed by the same architect who created the Olympic Stadium, which was used to house the Tokyo 2020 games.

Fujitsu’s digital transformation arm Ridgelinez, launched early last year, will spearhead the payment project, which will allow visitors to the complex to pay for goods and services, including books, at a select number of stores and ticket offices throughout.

The firm added that should the pilot prove successful, Ridgelinez will extend its availability to all of the facilities on the premises, as well as stores and service providers in the surrounding area.

The pilot will also see participation from the Saitama Resona Bank, Kadokawa and Fujitsu itself.

The latter has been “conducting pilot experiments” for similar “systems since 2018,” and has worked on blockchain-pay solutions with two professional football clubs – Kawasaki Frontale, who play in the top-tier J1 League, and FC Gifu of the J3 League (Japan’s third division).

The firm has also worked with TV series producers for animation-themed developments.

Ridgelinez said it was “also conducting demonstration experiments” involving its payments system in “overseas” locations.

It explained that it had developed a platform for expectant mothers in Ghana, whereby users take part in a quiz, where correct answers earn them coins “that can be exchanged for soap and diapers.”

In Cambodia, meanwhile, the firm tested a diet and nutrition app for corporate employees that allowed users to receive coins they could redeem as a “currency within the company” – presumably at staff canteens and stores located on the premises.

The firm claimed that it was waiting for a patent application to be confirmed and noted that the coins on its platforms could “be used for a wide range of purposes, such as placing advertisements” and could also be used like some non-fungible token (NFT) solutions – as a replacement for paper tickets.

____

Learn more:
– French Central Bank’s Blockchain Bond Trial Brings First Results
– ‘Boom’ in Big South Korean Firms Investing in Crypto Startups

– Four Merchants Revealed How Bitcoin Payments Helped Their Businesses
– Bakkt to Support Ethereum Alongside Bitcoin

– Bitcoin Pay: Why it’s No Longer Big in Japan
– More Crypto Regulation May Be on its Way in South Korea, Japan

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Over USD 600M Stolen in Blockchain Bridge Hack as Axie Infinity’s Ronin Exploited

May 4, 2022
iGaming

Stake.com – Crypto Pirate or Pioneer?

March 23, 2022
Crypto Sites

5 Crypto Sites to Watch

February 23, 2022

Caribbean CBDC Stays Down for More Than a Month as Technical Woes Continue

February 22, 2022

JPMorgan on Metaverse, Digital Ruble Trial, Binance Chain Rebrands + More News

February 15, 2022

Samsung Unveils New Digital Wallet with ‘Crypto’ and Digital Documentation Capabilities

February 10, 2022
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs

May 22, 2022

6 Questions for Sonali Giovino of Defiyield – Cointelegraph Magazine

May 22, 2022

NFTs: Empowering artists and charities to embrace the digital movement

May 22, 2022

Subscribe to Updates

Get the latest sports news and analysis about crypto coins and the latest news about domains from Techie Memo.

Advertisement

Your number 1 source for all Cryptocurrency news and analysis. here you can follow all updates and latest rates for all currencies. Visit our about page for more information.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Top Insights

Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs

May 22, 2022

6 Questions for Sonali Giovino of Defiyield – Cointelegraph Magazine

May 22, 2022

NFTs: Empowering artists and charities to embrace the digital movement

May 22, 2022
Get Informed

Subscribe to Updates

Get the latest sports news and analysis about crypto coins.

Facebook Twitter Instagram LinkedIn
  • Guest Post
  • Privacy Policy
  • Terms & Conditions
  • Contact
© 2022 Cryptocurrency Report. Designed by Sawah Dev.

Type above and press Enter to search. Press Esc to cancel.