The Social Network Launching A Bitcoin Exchange – Forbes Investing #AllThingsMobile

By Renee Morad, Contributor      January 31, 2018

Opinions expressed by Forbes Contributors are their own.

A smart phone is shown with messaging app Line in Seoul, South Korea, Wednesday, July 16, 2014. Naver Corp. said its subsidiary Line Corp. that operates a popular mobile messaging app is considering listing its shares in Tokyo or New York. Naver, South Korea’s largest Internet company, said Wednesday that Line could sell shares in an initial public offering in both Japan and the U.S. (AP Photo/Lee Jin-man)

Japan’s most popular messaging app Line will soon provide its users the option to exchange and transact virtual currencies, loans and insurance. It will also promote research and development of technologies such as blockchain.

Line Corp is working to position itself as a fintech leader as the world moves towards a cashless society, according to a recent press release. This move will give its estimated 168 million monthly users the ability to trade cryptocurrencies with their smartphones.

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