Rakuten.com's Bitcoin Option Goes Live, Integration Via Bitnet
- Japan-based e-commerce giant Rakuten.com has gone live with its bitcoin payment option.
Japan-based e-commerce giant Rakuten.com has gone live with its 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 payment option, becoming one of the largest e-tailers providing the feature.
Rakuten’s e-commerce operation is the largest in Japan and one of the largest in the world, over the years buying out several e-commerce sites including Buy.com, Priceminister, Ikeda, Tradoria, Play.com, Wuaki.tv and Kobo. The company continues to grow, and helped by its acquisitions, has gradually made further inroads into the U.S. and other global markets.
Aside from e-commerce, the conglomerate also engages in banking services, media, travel and hotel booking, securities brokerage, professional sports and entertainment.
Rakuten first hinted at the possibility of accepting bitcoin last year, and CEO Hiroshi Mikitani reaffirmed the company's willingness during a panel discussion at the Rakuten Financial Conference.
The functionality was provided by Bitnet, which has completed its second large-scale integration in as many months. Recently, Bitnet partnered with Universal Air Travel Plan (UATP) to enable bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term for several major airlines. On the latest integration, Rakuten.com President Fumio Kobayashi said:
"Bitcoin turned the Internet into a secure, seamless global payment network. By integrating with Bitnet we are now offering consumers the industry standard in secure payments, and our merchants will benefit by receiving guaranteed payments. Both consumers and merchants will have peace of mind when participating in the Rakuten.com online marketplace."
As part of the launch, Rakuten is running a promotion for shoppers paying with bitcoin.
Japan-based e-commerce giant Rakuten.com has gone live with its 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 payment option, becoming one of the largest e-tailers providing the feature.
Rakuten’s e-commerce operation is the largest in Japan and one of the largest in the world, over the years buying out several e-commerce sites including Buy.com, Priceminister, Ikeda, Tradoria, Play.com, Wuaki.tv and Kobo. The company continues to grow, and helped by its acquisitions, has gradually made further inroads into the U.S. and other global markets.
Aside from e-commerce, the conglomerate also engages in banking services, media, travel and hotel booking, securities brokerage, professional sports and entertainment.
Rakuten first hinted at the possibility of accepting bitcoin last year, and CEO Hiroshi Mikitani reaffirmed the company's willingness during a panel discussion at the Rakuten Financial Conference.
The functionality was provided by Bitnet, which has completed its second large-scale integration in as many months. Recently, Bitnet partnered with Universal Air Travel Plan (UATP) to enable bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term for several major airlines. On the latest integration, Rakuten.com President Fumio Kobayashi said:
"Bitcoin turned the Internet into a secure, seamless global payment network. By integrating with Bitnet we are now offering consumers the industry standard in secure payments, and our merchants will benefit by receiving guaranteed payments. Both consumers and merchants will have peace of mind when participating in the Rakuten.com online marketplace."
As part of the launch, Rakuten is running a promotion for shoppers paying with bitcoin.