Bitcheck, which is working to popularize the virtual currency "Bitcoin (BTC)", will start operating the kiosk terminal "RoboCoin" that can buy / sell / cash in Bitcoin for the first time in Japan on June 18. The first domestic unit will be installed in the dining bar / lounge "VERANDA" in Minato-ku, Tokyo, and a bitcoin trading service will be provided from 18:00. At VERANDA, you can pay for food and drink with Bitcoin.

Nishi-Azabu dining bar "VERANDA" where Robocoin will be installed for the first time in Japan (Source: VERANDA)
Nishi-Azabu dining bar "VERANDA" where Robocoin will be installed for the first time in Japan (Source: VERANDA)

RoboCoin is a terminal made by RoboCoin in the United States. It is possible to exchange cash for Bitcoin, and it is possible to provide a service that can be called "Bitcoin ATM". From the perspective of preventing money laundering and protecting consumers, it is said to have security functions such as a driver's license scanner, palm vein recognition, and facial photography.

Bitcoin ATM "Robocoin"
Bitcoin ATM "Robocoin"

The Robocoin installed in VERANDA this time can be used to buy bitcoins by inserting yen bills, or to sell bitcoins and receive yen bills. However, the Bitcoins purchased here must be managed by the Bitcoin management (wallet) service "bitcheck wallet" developed / operated by Bitcheck. To pay for food and drink using Bitcoin in the store, use the Bitcoin payment terminal "bitcheck register" for stores.

bitcheck register
bitcheck register

Bitcoin is expected to have characteristics that are not under the control of the government, but Mt.Gox, which was the largest exchange of Bitcoin at one time, stopped the service and started bankruptcy proceedings , and vice versa. The point that the government and the central banks of each country do not support the trust has been highlighted. The Consumer Affairs Agency of Japan also warns that when using Bitcoin, it is necessary to fully understand the mechanism and risks and understand the dangers before using it.

Overall, at this point it is better to avoid spending tiger cubs in an attempt to raise the price of Bitcoin. However, if you use Bitcoin to eat and drink with VERANDA's Robocoin, it may be a good opportunity to experience Bitcoin easily. Also, as a Bitcoin wallet, the iOS application "Coin Pocket" that can be used on iPhone etc. has appeared on the App Store, so you can enjoy it while suppressing it to the extent that you do not get burned.

Bitcoin wallet iOS app "Coin Pocket" (Source: Enriquez Software)
Bitcoin wallet iOS app "Coin Pocket" (Source: Enriquez Software)