Japanese Company GMO to run In-game Bitcoin Rewards

Japanese internet services giant GMO Internet Inc. reveiled its plans to launch a bitcoin-based application for in-game rewards in August of 2018
01 June 2018   897

Named CryptoChips, this new application will provide a way of rewarding players who achieve a certain advance or milestone, will start with bitcoin support for now. As reported, the product will be piloted in the GMO-developed game Whimsical War.

The company in its press release in both English and Japanese had this to add:

CryptoChips can be mounted on the game application and allows players to receive cryptocurrency as remuneration within the game – like a ‘secret pocket money’ – depending on the players’ rankings or when players have achieved missions or acquired items.
GMO Internet Group
Company, Japan

This step is the latest measure into the cryptocurrency sphere for GMO, that already launches its own crypto exchange, mining operation and even pays a portion of staff wages in Bitcoin.

Earlier this year, in March, the GMO firm’s exchange promised to develop and refine  data safety after regulators found its security lacking. That fact was confirmed during cross-industry inspections that were held on the heels of January’s $530 million hack of fellow Japanese crypto exchange Coincheck.

Bitfury to Unveil BTC's Lightning Network Tools

An open-sourced LN wallet, software and hardware payment acceptance solutions, etc
23 January 2019   77

Bitfury Group presented a number of tools designed to foster the development of the Lightning Network (LN), CoinDesk reports.

Among them: an open-sourced LN wallet, software and hardware payment acceptance solutions for merchants and payment processing. The company also introduced tools for developers and an open-source LN node called The Peach.

According to Bitfury representatives, all these tools are designed to make working with a second-level network easier and more convenient for companies and ordinary users. New products created by the Lightning Peach team.

By providing these products to the market, Bitfury is encouraging worldwide adoption of this technology and providing unparalleled support to consumers and merchants.

Valery Vavilov

CEO, Bitfury

Among other things, last week Bitfury added support for LN solutions on the BTCBIT cryptocurrency exchange.