A Subsidiary of Japanese Crypto Exchange bitFlyer Starts Blockchain Consulting Services

A Subsidiary of Japanese Crypto Exchange bitFlyer Starts Blockchain Consulting Services
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The blockchain arm of Japanese leading cryptocurrency exchange, bitFlyer, has started blockchain consulting services to provide guidance to new businesses in this field.

bitFlyer made the announcement in a press release published on Monday, April 27. According to the announcement, bitFlyer Blockchain, the blockchain of arm of bitFlyer, the creation of blockchain consulting services is a response to address the numerous from new businesses on blockchain technology.

bitFlyer said:

Background and purpose of providing consulting services In various industries such as finance, manufacturing, distribution, technology, real estate, and public services, there is a need to consider “creating new businesses” and “business innovation” utilizing blockchain. Against the backdrop of increasing numbers, we have received numerous inquiries from us.”

According to bitFlyer, the new businesses entering the industry do not know the answers to questions such as how to launch a business using blockchain, and what is the significance of using blockchain instead of general database, and as well as, they do not have easy access to blockchain experts.

bitFlyer blockchain said that newly launched consulting services for blockchain services aimed at the “creation of new business or business innovation centred on the use of blockchain, from business concept formulation to project composition, promotion and management, and system development.”

The blockchain company noted that corporations have made numerous inquiries about Security Token Offerings (STO), building transparent supply chains, and how to make use of Non-Fungible Tokens (NFT) for managing the intellectual property (IP) rights of video game content, music, and anime copyrights.

bitFlyer further says that its consulting services aims to provide one-stops services supporting the entire process of business creation by limiting the service line to the blockchain without limiting the industry line. The entire process includes the formation business strategy, business planning, business design, and development.

bitFlyer, founded in January of 2014, is a Bitcoin exchange and marketplace that enables its customers to buy, sell, and spend bitcoins. The exchange is a sub-organization of bitFlyer Holdings, based in Tokyo, Japan. The exchange also maintains its offices in Europe and USA.

bitFlyer Holding, in May 2019, announced the establishment of a new subsidiary called bitFlyer Blockchain to focus on the planning, designing , developing, and operational management of blockchain-based services as well as web services and applications of bitFlyer ecosystem. This subsidiary will now provide consulting services to business in Japa.

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