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LINE Started Two New Initiative: LINE Blockchain Developers and BITMAX Wallet

The Japanese messaging giant LINE- a free instant communication freeware app platform is all set to offer two new services catering blockchain and cryptocurrency space.

In an update, published via the official website under the financial services category, the LVC Corporation (“LVC”), operator of LINE’s crypto asset and blockchain businesses, and LINE TECH PLUS PTE. LTD. (“LTP”) posted about the launch of two new service platforms which are LINE Blockchain Developers—a developer platform for blockchain services—and the BITMAX Wallet service for managing digital assets.

With these initiatives LINE and LTP want to aid both developers and investors by providing fast, easy, convenient, and cost-effective platforms to everyone whether to make new crypto tokens and monetize data or to safeguard their crypto assets.  

However, LINE is going to offer developer platforms in two languages i.e., English and Japanese worldwide (excluding certain unspecified regions) while the BITMAX digital asset wallet service is for Japanese users- the native country. 

As per the information, LINE established the LINE blockchain Lab team in April 2018 intending to develop blockchain-focused dApps and to research on P2P network-based distributed systems, and encryption technologies. 

LINE’s BITMAX Wallet is a platform that would serve users to manage all digital assets centrally.

Source: LINE website