The Japanese airline has confirmed the introduction of Bitcoin into the payment system

The Japanese airline has confirmed the introduction of Bitcoin into the payment system

Peach Aviation, a Japanese budget airline has denied rumours that the introduction of Bitcoin into the payment system is off.

Peach Aviation, a Japanese budget airline has denied rumours that the introduction of Bitcoin into the payment system is off.

In may 2017 guide Peach Aviation has announced that customers will be able to use Bitcoin as a payment method. However, in December, due to fluctuations in the value of Bitcoin, the plan was postponed until March 2018.

The airline has partnered with cryptocurrency exchange Bit Japan Point to create a new BTC payment system and plans to install bitcoin ATMs in the airports of the country. Recall that in April 2017, Japan has recognized Bitcoin as means of payment.

After the Japanese cryptocurrency exchange Coincheck has been compromised, Japan’s broadcasting Corporation NHK World published an article that Peach Aviation is going to postpone the introduction of Bitcoin, as the company casts doubt on the reliability of cryptocurrencies. In response, the airline officially declared:

“Today was published information about what our company maintains the plan, however, we do not make such statements. Moreover, we are currently working on implementing this system”.

Peach Aviation is not the first airlines that recognize Bitcoin as means of payment. In July 2017, AirBaltic provided the opportunity to buy tickets through the system BTC. 5 Feb Singapore Airlines announced blockchain app for passengers, which will be released in August 2018.

News tags
Let's Disqus