The largest railway company in Japan will start selling tickets for cryptocurrency

The Japanese railway company JR East in collaboration with the Internet provider IIJ and crypto-bursa DeCurret will develop a platform for buying tickets for cryptocurrency. This is reported by the local TV channel ANN News .

Passengers will be able to use the platform’s services directly at train stations using the Suica smart card. It will support Bitcoin, Bitcoin Cash, Litecoin, and XRP cryptocurrencies, as well as the stablecoin J Coin from the banking giant Mizuho Financial Group. The same assets are available on the stock exchange DeCurret.

“Earlier, cash was a universal means of payment, but we are moving to cashless payments, ” said JR East Managing Director Shinobu Noguchi.

Recall earlier in March, the tax administration of the Chinese city of Shenzhen allowed residents to pay for travel by rail, by public transport and in a taxi through the blockchain application .

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