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Bitcoin was introduced in 2009 based on the article posted by a person calling himself as Sato Nakamoto. Bitcoin is newly created as a reward for transaction processes, and transactions are verified by the provision of his/her calculation capability by a person called a “miner,” and are recorded in a public ledger. The verification and record-keeping work is called “mining” and a miner receives transaction fees and newly created bitcoins as a reward. While bitcoin is obtained through mining, it can be exchanged with other currencies, products, and services. When sending bitcoins, users pay any amount of transaction fees to a miner. Recently, a variety of cryptocurrencies such as Bitcoin and Ethereum have been created, and blockchain related projects are continuing to expand. It is worth noting that the splitting problem of Bitcoin occurred due to a tug-of-war between minors with conflicting views, and a bitcoin bubble from hard fork*1 is all over the news.
SERIU YAMATO, Newsjapan Inc CEO - http://www.facebook.com/yamato.seryu