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BitFlyer announced their blockchain arm starting consulting services to address requests from new businesses on blockchain

According to Coinpost, BitFlyer, one of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide, announced on the 27th that it will start providing blockchain consulting services. They maybe aim to address requests from new businesses on blockchain technology.

BitFlyer starting consulting services to address requests from new businesses on blockchain

The representative from BitFlyer stated:

“For companies that are considering “creating new businesses” or “business innovation” centered on the use of blockchain, we will support the launch and introduction of businesses that utilize this technology.”

According to an April 27 press release, bitFlyer Blockchain said they would be offering the fifth service — consulting — in addition to the BaaS, Joint Business, Miyabi Core, and RegTech services available at the firm. It aims to target companies starting new businesses and revolutionize task management in industries such as finance, manufacturing, technology, real estate, and public sectors.

The move comes in response to requests bitFlyer Blockchain has received regarding blockchain technology. The company noted that corporations have made inquiries about Security Token Offerings (STO), building transparent supply chains, and how to make use of Non-Fungible Tokens (NFT) for managing the IPs of video game content, music, and anime copyrights — big business in Japan.

The press release stated:

“In consulting services, we will take advantage of the company’s strengths, including not only consulting for upstream processes but also a specialized track record of development. The consultant will promote the formulation of project plans and systemization policies, requirements definition, and specification adjustment, and the development process will also have a system to assign engineers and external development partners.”

The target area covers a wide range from finance, manufacturing/distribution to medical/pharmaceutical, government / public service, etc. Support the entire process of business creation by specializing in the service line in the blockchain.

bitflyer-announced-their-blockchain-arm-starting-consulting-services-to-address-requests-from-new-businesses-on-blockchain

Source: bitFlyer Blockchain

Regarding the pure domestic blockchain “Miyabi”, which has a track record of operating for four years, cloud services have just started to be provided. A unique consensus algorithm “BFK2” is used to achieve the world’s fastest transaction processing speed of “4,000 transactions/second”. A robust smart contract execution engine combines easy service development with robust security.

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