Japan’s SBI Holdings to Use its Own “S coin” Cryptocurrency for Retail Purchases
Japan’s SBI Holdings just announced that it is testing a cryptocurrency to be used for retail purchases. SBI published the news via a press release on its website this morning.
SBI Holdings’ “S Coin”
The news showcases SBI’s test for blockchain’s possibilities within the company. The “S coin” used will be a settlement coin that allows users to charge and settle payments of products on their smartphones.
The translated release reads:
“In this demonstration experiment, for SBI group employees, we will construct a mechanism that allows cashless settlement at ‘eating and drinking …
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.