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October 9, 2019

Cardano Crypto Payments Rolling Out at Cashless Coworking Space in Japan

By Daily Hodl Staff

Cardano (ADA) cryptocurrency payments are now supported at ToStart, the first established coworking space in Sasebo, Japan.

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The space targets a mix of content creators, web designers, programming engineers and entrepreneurs from various sectors who are motivated to form new crypto-friendly and cashless working environments.

According to organizers at ToStart,

“In recent years, coworking spaces have been gaining in popularity as a new kind of shared office environment. These spaces are catching on worldwide, with 1300 new locations appearing every month, including 200 just within Japan.”

Cardano is positioning native cryptocurrency ADA at the forefront of the coworking trend, delivering the company’s mission of building communities and regular hangouts that accept ADA.

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Emurgo, the commercial arm of Cardano, is connecting with more local merchants to push adoption and the integration of ADA payments into everyday life.

“In order for the future of blockchain to become reality, blockchain technology will need to permeate into the daily lives of mainstream users through campaigns that raise awareness such as the implementation of ADA payments.

Since the ADA cryptocurrency is the most familiar aspect of the Cardano project for everyday users, Emurgo seeks to increase the number of merchants and storefronts accepting Cardano ADA payments through our in-house developed Yoroi Wallet in order to bring it more into the mainstream.”

In late June, Emurgo introduced Cardano ADA payments at Yakiniku Tamura, a charcoal grill BBQ restaurant in Osaka run by Japanese comedian Kenji Tamura.

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Emurgo has also partnered with South Korean fintech company Metaps Plus to release the ADA Crypto Card for use at over 30,000 merchants across South Korea.

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