BitFlyer Holdings, which runs one of Japan's largest cryptocurrency exchanges, held its general shareholders meeting Friday and, for the first time, used a blockchain voting app. In the “new normal” where social distancing is required, blockchain technology finds another use case. The voting app, called bVote, was developed by BitFlyer’s subsidiary BitFlyer Blockchain. It allowed the first virtual shareholder meeting to end “as scheduled without any troubles.” The app prevents vote forgery and manipulation and requires users to scan their My Number card (similar to Social Security Number in the United States) for identification. BitFlyer aims to introduce the app …
Tokai Tokyo Financial Holdings, one of the major traditional Japanese financial institutions, has unveiled a plan to develop a security token exchange. Tokai Tokyo is already an investor in Huobi Japan. According to Nikkei, as the first step in the journey, Tokai Tokyo is investing in blockchain company Hash Dash Holdings to leverage the company’s knowledge to develop the exchange. Hash Dash aims to apply blockchain technology to the financial industry for issuing digital securities and providing a trading service on smartphones. The planned exchange will trade in tokenized real estate, and Tokai Tokyo, Hash Dash and ICHX TECH will …
Japan's most famous idol just became the face of bitFlyer, one of the largest cryptocurrency exchanges in the country. Asuka Saito is one of the most popular members of Nogizaka 46, a leading idol group in Japan consisting of 46 girls. Debuted in 2011, it started as a sister group of AKB 48, the then-most popular idol unit. They have attracted many fans since then, and in 2017 and 2018 they won the Japan Record Award, the most prestigious award for musicians in the country. Idols are a type of performer unique to Japan, who are marketed and cultivated for …
Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is a stagnating firm. Kano resigned in 2019 following a series of management disputes but is now determined to reinvigorate the crypto firm and lead it toward an Initial Public Offering (IPO) in the coming months, according to a Feb. 26 report by Bloomberg. The former CEO also said he also wants to put Japan back on the map in the world of cryptocurrency. “I will make it capable …
This week’s headlines from Japan included GMO Coin unveiling Basic Attention Token (BAT) lending, Nitori using blockchain for furniture logistics, blockchain solution outfit, Ginco, receiving funding from DBJ Capital, Japan's stay at home order impacting crypto businesses, and a representative from the Japan Restoration Association questioning crypto taxes. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. GMO Coin exchange announces BAT lending In an April 10 statement, Japanese crypto exchange, GMO Coin, unveiled lending features for Brave Browser's Basic Attention Token (BAT). The new capability means customers can lend their BAT to other …