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Japan's Peach Aviation to Accept Payment in Bitcoin

Japan's Peach Aviation to Accept Payment in Bitcoin

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the volatility of Bitcoin and its impact on market trends. An innovative airline from Japan is exploring the use of Bitcoin as a payment method to expand customer choice and create new revenue streams. The airline is developing a payment system to be operational by the end of fiscal 2017, initially focusing on air tickets with plans to expand to other areas. The decision is driven by both customer demand and the current trend of cryptocurrencies. The airline aims to responsibly integrate Bitcoin transactions without setting a cap, while monitoring market conditions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding the volatility of Bitcoin?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the airline plan to implement Bitcoin as a payment option?

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OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the airline's perspective on expanding customer choice?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors influenced the decision to accept Bitcoin?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the initial plans for transactions involving Bitcoin?

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OFF

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