Fair Wallet Service for International Citizens
The world has become and entered into an age where human resources move and cooperate with each other across the world due to the remarkable evolution of transportation methods, improvement of communication infrastructure, and human resources through exchanged policies and treaties. Digital Wallet Group has already established a Fintech based mobile wallet service in Japan that supports the life of International Citizens. But to further expand the service in each country, users can easily invest using crypto currency. We would like to provide such financial services that can be done. We hereby propose to you the Digital Wallet Project. This project is based on an existing and already profitable service by Digital Wallet Corporation (Japan). Furthermore, we strive to make crypto currency a more universal and continuous financial platform through Digital Wallet Project.
Establish a Brand New Financial Service Platform for International Citizens
As the first step, we have built a platform that users can send money directly to other countries at any time for 24 hours a day and 7 days a week through your mobile phones. That mobile remittance service “Smiles” has earned the highest number of downloads ever in the Japan market and the business income has been profitable already. Based on this platform, we plan to expand the service to Asian countries to start a new investment service. Digital Wallet Project plans to expand in the following three areas.
Digital Wallet Token
Issue Digital Wallet Token (DWC) based on ERC20 format. Not only will we develop services in each country, but we will introduce new services by abiding to local laws and regulations.
Deployment of Wallet Service
Expand our wallet services platform such as mobile money transfer to Asian countries besides Japan.
Invest in early stage development projects, agricultural projects and the likes in major Asian countries making such investment services available to International Citizens.
Mobile Remittance Service Smiles
Our platform directly allows remittance to the Philippines, Vietnam, Indonesia, and etc.; hence, not through the existing banking infrastructure. By the second quarter of 2016, our service had already begun in Japan. As a mobile money transfer service “Smiles,” the service provides a money transfer service using a smartphone based application. This application has been offering real-time, low-cost, and 24-hour availability service based on our original platform. After launching this service, as a Mobile Money Transfer Service, it has become the largest number of downloaded application in Japan. Business revenue was been profitable even before the estimated target plan for the company. Digital Wallet Corporation (Japan), which operates “Smiles,” has reached and achieved Net Sales of 3 million USD with Operating Profit Ration of 11.0% in 2018.
Digital Wallet Project
We aim to become a digital platform for International Citizens’ international money transfer by promoting cashless payment directly from the wallet. By 2019-2020, we plan to expand to several Asian countries including the Philippines and also to Europe as a Remittance Source. At this moment, the acquisition of Fintech company in Philippines is currently in progress, and the acquisition is scheduled to be completed in the first half of 2019.
In 2019-2020, we plan to merge the investment in the emerging boomtown such as developing projects in the surrounding areas where new airport development is scheduled to take place; expanding in the agricultural investment areas where productivity improvement investment operates in several Asian countries, mainly in the Philippines.
Company & Team
Digital Wallet was set up in 2014 by the Founder & President, Eiji Miyakawa, who had engaged for many years at Sony; basically, to develop and operate Mobile Payments, electronic money, contactless IC technology and cloud technology thereby aiming to create a direct Wallet network between individuals in mobile age. Under the direction of the Founder, who is qualified also as lawyer and consequently has a thorough knowledge of rules, regulations and laws about the new service. Our company has succeeded to launch the services for International Citizens. We have become a successful Fintech Company that has strength in both technology and regulations of law with an excellent engineering team, who had worked together with the founder in Sony, developing business mainly in Japan but also in Manila, Philippines, in Ho-Chi-Min, Vietnam, and in Tallinn, Estonia.
Digital Wallet Corporation
Location: 1-15-12, Kudan-Kita, Chiyoda-ku, Tokyo, Japan
Japan Branch Office： Fujimi Mori Office, Fujimi-cho, Suwa-gun, Nagano
Capital: 50 million JPY
Member Number: 40 (Japan, Philippines, Vietnam, Estonia)
License： Money Transfer Service Provider License
authorized by General Director of Kanto Finance Bureau No.0044
Main Bank: Sumitomo Mitsui Banking Corporation, Mizuho Bank, Resona Bank
Partner: Development Bank of Philippines, Sacombank (Vietnam), Nepal Investment Bank
Digital Wallet Investment OÜ
Location： Narva mnt 7, Tallinn, Harju maakond, Estonia
Digital Wallet Tokens (DWC) will be issued by Digital Wallet Investment OÜ.
Founder & CEO of Digital Wallet Group
Former Sony Corporation General Manager in Global Cloud Platform Development and Management Department. To create Mobile Wallet business, launched FeliCa Networks as a joint venture company with NTT DoCoMo. After the realization of the development and introduction of Mobile NFC and electronic money in Japan, Europe and United States, resigned from Sony and founded Digital Wallet Group. Licensed Lawyer.
Alex Rapi Milan
EVP, Digital Wallet Corporation
Responsible for global banking services in all over the countries with long-standing banking and financial exposures and experiences. Former Europe Managing Director of Philippine National Bank being the responsible officer of the European region. A financial-service-professional who has been involved in global money transfer services for many years.
CTO, Digital Wallet Corporation
Technology and development leader in founding Electronic money Edy, subsequently engaged in the development of various cloud services such as music download services. Former Manager of Sony Cloud platform development and Operations and Technology Department. Highly-experienced professional in the financial system and cloud systems technology.
Director, Digital Wallet Corporation
Former CTO of Visionarts Co., Ltd. (100％Subsidiary of Sony Group) who has been efficiently and effectively developing a variety of advanced softwares such as Sony's global cloud platform from the file system. Mainly in-charge of core technology development.
Director,Digital Wallet Corporation
Former Senior Manager of the Cloud Platform Development and Management Department of Sony Corporation. Engaged in building and operating a global cloud platform by leading development and operations teams in Japan and overseas. Highly-qualified professional for Architecture Design and developments in a global scale.