Japan Has Become a Cryptocurrency Haven, Multi Billion Dollar Firms Launch Exchanges
Japan is quickly becoming a global center for blockchain ventures and cryptocurrency firms. Despite the region’s colorful history–involving Mt. Gox, for example–the local authorities see merit in these new technologies in the global cryptocurrency industry.
Major local conglomerates have begun to enter the sector, with some of them operating cryptocurrency exchanges.
Japan stands out when it comes to the regulatory aspect. Various other governments – including China, India, and some US states – make it nearly impossible for crypto firms to exist, let alone thrive.
How Cybersecurity Firms Palo Alto, Okta Can Capitalize On Blockchain
Palo Alto Networks (PANW), Fortinet (FTNT), Okta (OKTA) and CyberArk Software (CYBR) are among the network security firms that could prosper from utilizing blockchain technology, an analyst said Friday.
“Blockchain could be opportunistic for network security vendors such as Check Point Software Technologies (CHKP), FireEye (FEYE), Fortinet and Palo Alto Networks, potentially expanding the market with new opportunities,” Shaul Eyal, Oppenheimer analyst, wrote in a note to clients.