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When Fiat goes Paperless: Japan's J-Coin

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When Fiat goes Paperless: Japan's J-Coin

Post by Vladdirescu on Fri Sep 29, 2017 5:03 pm

Japan’s banking industry will be launching ‘J-Coin’, a new digital currency that is the digital equivalent to the Yen.

The banks in Japan have been collaborating to create J-Coin, a crypto version of the Yen that they hope to launch by 2020 - just in time for the Tokyo olympics. Unlike most cryptocurrencies, the J-Coin will be pegged to Japan’s national currency, the Yen, this means that unlike Bitcoin and most other cryptocurrencies, J-Coin will be centralized and Japan’s government will be able to play a role in its regulation and economic policy.

Read the full article: https://coinidol.com/japan-to-launch-j-coin/


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