Japan’s Messaging Giant LINE Announces New Digital Coin and 5 Decentralized Apps

Japanese social messaging giant LINE has unveiled 5 new decentralized applications (DApps) and a new Japan-focused digital coin.

Japanese social messaging giant LINE has unveiled 5 new decentralized applications (DApps) and a new Japan-focused digital coin. The plans were announced in a press release shared with Cointelegraph Friday, September 28.

LINE’s messaging service is reported to have over 214 million active users, with 30 million in Japan already using its mobile payment service, Line Pay. The firm has today revealed that its new series of DApps will focus on a range of service categories, including “prediction, Q&A,” as well as reviews of products, food and locations.

LINE’s overseas crypto token LINK has been distributed through transactions on the firm’s own global digital assets exchange “BITBOX” as of early September, and will also be issued as part of a rewards system for dApp users and other services in the LINE ecosystem.

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