Japanese LINE launches crypto wallet and blockchain platform for developers

The wallet is only available to Japanese, and the blockchain platform is open to developers around the world.

The team of the popular Japanese messenger LINE presented the users of the project with a wallet for digital assets BITMAX Wallet. The specialists also launched a blockchain platform (LINE Blockchain Developers), within the walls of which developers will be able to issue their own tokens and tokenized digital assets, as well as launch decentralized applications (dApps). Information about this appeared on the official website of the company.

The main task of the wallet, which only Japanese citizens will be able to use at the first stage, will be storing cryptocurrencies and conducting transactions of Line users with digital assets.

BITMAX wallet interface

The program supports work with the messenger’s cryptocurrency – LINK (LN). The developers released the asset in 2018. At the time of this writing, the cryptocurrency is on the 3061th place in the CoinMarketCap resource capitalization rating. The asset is traded only on one site – Bitfront. The trading platform is owned by LINE.

Data: CoinMarketCap

The LINE blockchain platform, according to the presentation, will make it easier for companies to access blockchain-based technical solutions. In addition to issuing digital assets and launching decentralized applications, the site can also be used for the following purposes:

  • tracking transaction history;
  • data monetization;
  • building a token economy of projects;
  • creating safe conditions for the circulation of digital assets.

The platform is available to users all over the world. The project supports Japanese and English.

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