Bitcoin News : Major companies are trying to invest in cryptocurrencies to boost up their business in Global Economy. Let's talk about it.

Bitcoin News : Major companies are trying to invest in cryptocurrencies to boost up their business in Global Economy. Let's talk about it.

大型公司正试图投资#cryptocurrencies来推动#Global #Economy的业务发展。 让我们来谈谈它。

Line is embracing messaging app, bitcoin and other #cryptocurrencies with around 200 million monthly users to keep away Facebook and other people's growing #competition.

The Japanese company announced the creation of a new financial services division that would take steps in cryptocurrencies and other services including loans and insurance. The line already operates a payment service - which claims $ 40 billion to 40 million users annually in GMV - but now it is planning to do a lot.

Line said that he has applied for a cryptoggaz #license in Japan - where more than a dozen exchanges and other businesses have been approved - which are currently under review already.
Bloomberg told earlier this month that the line was considering a step in the crypto, but at the #moment it is not clear what this will be. From the announcement, Line said that it will operate a market within its app where people can do crypto business and get loans or insurance. Also, it will see how it can use #blockchain #technology within its services.

Loans and insurance, while not keeping a #crypto in mind, can be an attractive enterprise in the market, where the line has a strong identity among consumers.With the growing competition from Facebook, the company needs to reinforce its business, which operates #whatsapp and #messenger, the world's most popular messaging app is with more than a billion monthly users.

Prior to its $ 1.1 #billion #US-#Japan #IPO in 2016-17, Linea had targeted global audiences through its messaging - which introduced the concept of stickers - and connected game business. It did not go according to its international expansion plan, however, and the company tried to refinance its four major markets in Japan, Thailand, Taiwan and Indonesia, which is 168 million of its active users.

In those markets, it offers many local services, including a video streaming, manga cartoon, shopping, rides, and other on-demand services. Last year, he started offering Amazon's eco range and its #Carton option of #Google Home Devices to Smart #Hardware and AI. In some markets, it also provides a line-branded mobile phone / #data #service.

There is a lot of pressure, though #Facebook's global popularity makes messenger an option for the most Internet users on the planet, while the company is busy in other areas. Recently, WhatsApp has moved into business solutions which allow companies to match users with their service, and it has been asked to take it in payment soon. CEO #Mark Zuckerberg has also promised to see whether Facebook blockbuster can use technology.

Line hopes that these new services can boost their #business in their strong markets and can choose new users in other countries.

The line crypto can be the biggest consumer-focused business to adopt till date. It's just too far from the chat app, though. Earlier this year, kick had raised $ 100 million in an ICO, while there are new blobben based solutions like statuses. Then telegram is a chat app, which has more than 150 million users, popular in the crypto community, which is planning a much-anticipated ICO which could raise upwards of $ 1.2 billion.

According to Kandsek's price tracking service, the line announcement has reduced the price of Bitcoin to $ 10,000 for the first time since the end of this year 2018.

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