GMO Internet Group – the most significant media and Internet corporation, has decided to pay employees a part of the monthly salary in Bitcoin.
GMO Internet Inc. is the largest Japanese company that deals with e-commerce, domains, hosting and credit cadres. The company’s website reports that at this moment, it has 4,710 full-time employees.
The official information that flows to us from Japan, promises major changes in the world of cryptocurrencies for year 2018. Already, in March 2018 a system of paying salaries in BTC will be introduced. According to the company, the minimum payment amount of bitcoin will be 10,000 yen, which is 88 USD, while the maximum is expected to be 100,000 yen, calculated at 881 USD.
The use of Bitcoin in Japan is becoming more and more common. Bitcoin has officially received the status of a payment instrument. It is likely that such a way of paying salaries by GMOs, will encourage other companies in Japan to repeat it.
The introduction of this form of paying salary is another operation of the GMO company, which is supposed to popularize BTC in Japan.
The holding has already launched a very successful cryptocurrency exchange market – coin.z.com. – in May this year and the company does not intend to stop there. Immediately, after launching the coin.z.com., the company announced that is planning to start mining operations. According to the information, the investment in Bitcoin mining will amount about 320 million dollars to the Japanese. GMO wants to implement this plan in the first half of 2018.
But still, the company’s plans do not end there. In the next few years, GMO plans to build a mining farm, including the development of mining machines. This expense is crossed into 10 billion yen, which is 88 million USD.
The company’s representative says: “To strengthen the attitude to cryptocurrency, it is important, that employees actively use it, first improving the use of this currency.”
It seems that Japan strongly believes in the future of cryptocurrencies. The strategy of this company is another big step in entering the world of cryptocurrencies.
Last modified: December 22, 2017
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