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A City in Japan is Set to Launch a Blockchain-powered Spending Solution

Amy Liu

Summary: Nex month, the city of Aizuwakamatsu, in Japan, is set to launch a local, blockchain-powered spending solution for sake-lovers and diners using a new digital currency issuance platform developed by domestic crypto exchange Decurret – in an attempt to boost its tourism industry. Decurret said that it will launch a blockchain wallet for the city ...

Nex month, the city of Aizuwakamatsu, in Japan, is set to launch a local, blockchain-powered spending solution for sake-lovers and diners using a new digital currency issuance platform developed by domestic crypto exchange Decurret – in an attempt to boost its tourism industry.

Decurret said that it will launch a blockchain wallet for the city named the Aizu Wallet. This will be compatible with a range of “digital services,” said the exchange, with storage available for digital coupons, reward and loyalty points, “local currencies” and Aizuwakamatsu-based crowdfunding projects.

The firm added that tourists planning on traveling to the city can purchase blockchain-powered digital coupons and vouchers prior to their visits, allowing them to make “easier, contact-free” payments in restaurants and cafes.

By Amy Liu

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