Bitcoin, Blockchain Cooperates with Japan on Virtual Payments

By : Wiyanto Dan Aldo Bella Putra | Wednesday, September 12 2018 - 15:30 IWST

Asosiasi Pemerhati Blockchain dan Bitcoin Indonesia
Asosiasi Pemerhati Blockchain dan Bitcoin Indonesia

INDUSTRY.co.id - Jakarta - Association of Observer Bit coin & Blockchain Indonesia (PPBBI) with International Cryptocurrency Promotion Organization - Japan (ICCPO) has signed cooperation.

The signing of this Cooperation against the background of these two associations was motivated on the basis of the same observation on the development of virtual payment systems. This term is better known as Cryptocurrency or Bitcoin using Blockchain technology, which is a technology that has a high level of security.

"Estimates that use coin bits around the world are around 10 million users and this trend is increasing from time to time," said PPBBI Chairwoman Erwin Hadiyanto, in Jakarta on Wednesday (12/09/2018)

Of the 10 million users, nearly 60 percent are in Japan.

Bitcoin was first introduced by Satoshi Nakamoto around 2008-2009. Offers a variety of conveniences in completing financial transactions in digital ways.

Seeing an increasingly positive development, then PPBBI (Association of Observer Bit Coin & Blockchain Indonesia) has an initiative to establish cooperation with crytocurrency associations from Japan.

The purpose of this collaboration is to learn and increase knowledge about the management of crytocurrency or bit coins that have been done so far.

"This positive development will help transfer knowledge, especially in providing input to the government. Both in terms of technology and legal instruments related to cryptocurrency technology," he said.

News Comment

Today's Industry

Luke Tucker, Senior Director of Community at HackerOne (Photo by Linkedin)

Rabu, 05 Agustus 2020 - 22:00 WIB

Security Engineers by Day, Hackers by Night – An Interview with Two of Singapore’s Top Ethical Hackers

Over the years, the perception of the term “hacker” has changed. Once seen as only criminals, there are now over 800,000 registered security professionals on HackerOne, the world’s trusted…

Patrick Carey, Director of Product Marketing, Synopsys (Photo by Linkedin)

Rabu, 05 Agustus 2020 - 21:45 WIB

Developers are Not Security Experts, but They can be with The Right Tools

Software has revolutionised the way in which we work, live and play. This is particularly true in the realm of software security, as development teams are releasing code faster than ever before.

Darrell Adams, Head of Southeast Asia & Oceania, Universal Robots (Photo by LinkedIn)

Rabu, 05 Agustus 2020 - 21:25 WIB

5 Reasons Why You Need Collaborative Automation For Today's World

The benefits of collaborative automation are undisputed – more profitability, productivity, flexibility, higher quality and even more employee satisfaction.

Friedhelm Best - Vice President Asia Pacific, HIMA (Photo by HIMA)

Rabu, 05 Agustus 2020 - 21:10 WIB

3 Essential Considerations When Modernizing the Safety System of Industrial Facilities

As countries in Asia start to ease restrictions and more businesses return to operation in the midst of the COVID-19 pandemic, industrial plant operators are strategising a return to normality…

Gil Yankovitch, Firmware Technology Lead and Ram Yonish, Firmware Security Evangelist (former co-founders of Cymplify Security, acquired by Check Point) (Photo by LinkedIn)

Rabu, 05 Agustus 2020 - 21:00 WIB

While IoT security standards lag, IoT security companies innovate – Overview of trends in IoT cyber security

While IoT and OT devices proliferate, IoT security standards and regulations are few and far between. Unsurprisingly, this puts individuals, enterprises and states at major risk.