Japanese financial firm will allow food trading with crypto token

Nomura, Japan’s giant financial firm, is set to roll out the use of crypto tokens for the buy & trade of different food dishes.

Nomura Holdings Inc. It is Japan’s largest financial brokerage. Nomura is trying to bring a very strange concept to use the crypto tokens but right now it is in the planning phase.

Nomura will allow people to get premium subscriptions for their services to get into the food trade. Under this plan, People will be able to buy a yearly subscription for the Italian restaurant at a cost of 60,000 yen ($546). 

And also there is another level of membership, which can be bought at the lower cost of 3,000 Yen ( $27.3). 

Under the subscription people will be able to buy the dishes’ parcels and also will be able to trade. According to experts, it will probably depend upon the demand of the food where people will bid to get the food instantly and that will work like an auction. 

The available food items will include pumpkin ravioli, corn and chicken tortellini, and asparagus pizza, amongst others.

The used blockchain based crypto token will be equivalent to the premium parcel of the ordered dish from the popular Japanese chef Masayuki Okuda. 

Okuda is very popular in Japan because of his own style of cooking the food dishes. And currently he owns two restaurants.

This concept of blockchain based crypto token is currently under full planning and they will launch this plan by next year. 

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