bitFlyer’s Blockchain Subsidiary Provides Consulting Services

bitFlyer’s Blockchain Subsidiary Provides Consulting Services

bitFlyer, Tokyo-based leading cryptocurrency exchange, has announced that its blockchain arm will offer a new consulting service.

In a press release, bitFlyer said the new service comes as a result of numerous requests.

Targeting startups, the company aims to revolutionize task management in some sectors such as finance, manufacturing, real estate and the public sector.

bitFlyer seeks to provide a one-stop solution to come up with ideas for developing systems, deployment, and management. The exchange has recently allowed its customers to buy Bitcoin (BTC) in US dollars with no fees.

The Japanese exchange stated:

“There is a need to consider creating new businesses and business innovation utilizing blockchain.”

In addition to consulting service, the crypto exchange also provides four other services; namely RegTech, BaaS (blockchain as a service), Joint Company, and miyabi Main.

Bitflyer lists BAT token

BitFlyer has earlier announced adding Brave’s Basic Attention Tokens (BAT) for trading in Japan.

The platform’s listing of BAT came four months after listing Ripple (XRP) in December 2019.

BAT is an advertising coin based on Ethereum blockchain. It has been recently approved by Japan Financial Services Agency (FSA) for trading.    

Brave taking advantage of heavy traffic during crisis

Brave, a cryptocurrency-powered internet browser, has seen an increase in the number of users, with most of the world restricting their exposure to COVID-19 by sheltering in place.

The browser’s commitment to user privacy has been one of the reasons behind its great success. Thus, Brave’s attempts to secure user data doubled the number of users from 2018 to 2019.

Since Brave’s tokens are known among users, it managed to sell BAT worth $35 million in less than a minute in 2017 initial coin offering (ICO).

GMO Coin, another crypto exchange, has also started selling BAT in March

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Rabea Maguid 551 Articles
Rabea Maguid is a journalist completely obsessed with crypto industry. He holds B.A. from Al-Azhar University, and has a background in journalism and economics. Rabea Maguid likes to think about the future in a positive way, and sees blockchain as a potential driver of deep societal change.