Bitcoin is accepted by Japanese Luxury Car Dealer

L’Operaio (Japanese luxury car dealer) is now accepting Bitcoin as a payment manner from customers which use bitFlyer cryptocurrency wallet
09 April 2018   1145

According to bitFlyer`press report by, bitFlyer customers can spend above to 100 million yen, approximately $940,000 in order to purchase cars at L’Operaio. The users need to fulfil the only condition - to perform the transaction with the help of the wallet that is suggested by the firm.

As bitFlyer has claimed, the transaction arrangement will only take a “few seconds”. Three (3) Tokyo trades in Setagaya, Nerima and Aoyama have already begun accepting Bitcoin with prospects to develop the feature to all dealership stores in the future.

bitFlyer is one of the largest cryptocurrency exchanges in Japan. The partnership will be begun with 26 dealerships, but the two enterprizes are aimed on expanding it to include in the future 550 more locations.

The exchange was granted a European Union payment institution license in January of this year, making it the most  acquiescent virtual currency exchange in the world. It has also cooperated with Bic Camera, the domestic electronic retail giant, to accept Bitcoin payments following a successful path of the last year. The tendency is certainly being adopted, with one of Japan’s largest electronics retail chains Yamada Denki also accepting Bitcoin payments using bitFlyer’s point-of-sale (PoS) payments foundation.

The customers of L’Operaio will have to download and use bitFlyer’s mobile wallet application, which is available in iOS and Android to make acquisition up to 100 million yen, or just under $1 million, using Bitcoin.

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   167

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 
 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.