A Medium for Applying Points Users Earn
Rewards program was started by Rakuten about fifteen years ago and since then more than one trillion super points have been awarded to users.
This is equivalent of roughly $9.1 billion and use of Rakuten Coin will give users more options to apply available loyalty points towards purchases they make.
Rakuten and Bitnet
In 2016, Bitnet (which is a bitcoin wallet that Rakuten had earlier invested in) was acquired by Rakuten.
The benefits of this step are clearly visible now since development of this new cryptocurrency has been possible due to role Bitnet had played in development of the same.