The largest e-commerce company in Japan, Rakuten, can add Bitcoin as a payment option to its platform. This is reported by the Blockmanity.
According to the publication, Rakuten will undergo a reorganization of the corporate structure, which by April 2019 will consist of four divisions responsible for Internet services, communication interaction, financial technologies and calculations.
Last year, Rakuten became the owner of the crypto exchange Everybody's Bitcoin. We need to add the functionality of the cryptocurrency exchange, so that we can provide the possibility of making smooth cryptocurrency payments, the company said then.
According to the new documents, Everybody's Bitcoin will not be included in the financial and technological, as one would expect, but in the settlement unit, which will deal with the maintenance and processing of all payments.
Everybody’s Bitcoin, in turn, will suspend work in March 2019. When the bidding service will be resumed, it is not known, but if this happens, it is only after changing the corporate structure of Rakuten, the publication says.
In February of last year, CEO Rakuten Hiroshi Mikitani announced that his company would transfer the user incentive system to the blockchain and release its own cryptocurrency.