Japanese Giant GMO Internet to Pay Employees in Bitcoin
- Japanese giant wants to promote ownership of Bitcoin amongst its 4,000+ workers.
Big news from Japan - from March 2018, the more than 4,000 employees of GMO Internet will be able to receive part of their salaries in Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, according to a tweet from Bloomberg reporter Yuji Nakamura.
Tokyo-based GMO Internet is a group which offers online advertising, internet infrastructure, internet security and mobile entertainment. Its brokerage arm GMO Click Securities has been the world’s largest FX provider by trading volume since 2012.
The giant company was relatively quick to get into cryptocurrency, announcing the establishment of a cryptocurrency exchange, GMO Wallet, at the beginning of 2017.
It launched a blockchain development service for customers in July, and a Bitcoin mining operation in September.
At the time, the company said: “We believe that Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term will develop into ‘new universal currencies’ available for use by anyone from any country or region to freely exchange ‘value,’ creating a ‘new borderless economic zone."
Japan as a whole has also welcomed cryptocurrency with open arms. The government has granted licenses to fifteen Bitcoin exchanges, and the Tokyo financial exchange is planning to launch Bitcoin futures, à la CBOE.
In keeping with this national enthusiasm for digital money, the company stated in a press release today: "GMO Internet Group has decided to introduce a system that allows part of the salary's payment to be received by Bitcoin in order to promote ownership of the [employees'] virtual currency."
Needless to say, such a massive company deciding to pay employees in Bitcoin is a major step for digital money.
Big news from Japan - from March 2018, the more than 4,000 employees of GMO Internet will be able to receive part of their salaries in Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, according to a tweet from Bloomberg reporter Yuji Nakamura.
Tokyo-based GMO Internet is a group which offers online advertising, internet infrastructure, internet security and mobile entertainment. Its brokerage arm GMO Click Securities has been the world’s largest FX provider by trading volume since 2012.
The giant company was relatively quick to get into cryptocurrency, announcing the establishment of a cryptocurrency exchange, GMO Wallet, at the beginning of 2017.
It launched a blockchain development service for customers in July, and a Bitcoin mining operation in September.
At the time, the company said: “We believe that Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term will develop into ‘new universal currencies’ available for use by anyone from any country or region to freely exchange ‘value,’ creating a ‘new borderless economic zone."
Japan as a whole has also welcomed cryptocurrency with open arms. The government has granted licenses to fifteen Bitcoin exchanges, and the Tokyo financial exchange is planning to launch Bitcoin futures, à la CBOE.
In keeping with this national enthusiasm for digital money, the company stated in a press release today: "GMO Internet Group has decided to introduce a system that allows part of the salary's payment to be received by Bitcoin in order to promote ownership of the [employees'] virtual currency."
Needless to say, such a massive company deciding to pay employees in Bitcoin is a major step for digital money.