Several crypto media outlets have reported that Japan’s Mizuho, the country’s largest bank, and dozens of others are launching a blockchain product. According to Quartz, however, these reports are false in the extreme: J-Coin has nothing to do with cryptocurrency or even blockchain in general. J-Coin: Definitively Not a Cryptocurrency Rather than a blockchain product, the J-Coin initiative is an effort to modernize Japan’s economy. Roughly 4 in 5 transactions in Japan happen with cash, which puts it far behind the rest of the world in terms of electronic payment adoption. In nearby China, Tencent’s WePay, a QR-code based system
The post Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency appeared first on CCN
source https://www.ccn.com/fake-news-japans-largest-bank-isnt-launching-a-cryptocurrency
READ MORE http://bit.ly/2EDy0g6
from Cryptocurrency News https://ift.tt/2H1AFE1
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://ift.tt/2XxnqzJ Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!
No comments:
Post a Comment