LINE Officially announces Blockchain Platform and Crypto Wallet

News • 2020/08/27 • by Remitano

LINE, an electronic communication platform with over millions of customers, has unveiled a wallet for customers to manage their cryptocurrencies. The blockchain development platform aims to make the adoption of blockchain technology easier for firms. The platform was unveiled on August 26, 2020.

The company has developed its token for crypto trading and exchanges since 2018 and gained a license to offer trading services using its cryptocurrency exchange Bitbox.

LINE established a Blockchain laboratory last two years to develop its token economy and improve the adoption of many decentralized applications developed on its blockchain platform.

LINE is one of the few communication platforms that has involved itself in the cryptocurrency space. However, its constant improvement makes it stand out among its peers.

Source: Coindesk

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