• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Japan: Digitize a nation or preserve the status quo?

user avatar

by Giorgi Kostiuk

2 years ago


Japan is poised for new digital transformations thanks to initiatives presented at the eighth meeting of the Digital Reform Council.

Digital initiatives at the eighth meeting

The eighth Council meeting gathered Prime Minister Shigeru Ishiba and Digital Transformation Minister Masaaki Taira. Discussions included plans to introduce AI, drones, NFTs, and other technologies, as well as to create a cloud-based data sharing system.

For digitalization, we want a Japanese-made NEC system! … It is not okay to adopt systems made by China or South Korea!an unnamed critic

Public reaction

The public expresses doubts about the new course. Possible consequences of implementing digital technologies, such as using NFTs for regional initiatives and replacing jobs with robots, are discussed. Critics argue that this could lead to uncontrolled changes in society.

Opposition to digital control

Some fear the potential strengthening of state control through the use of digital technologies. The digitalization project is perceived as a threat to personal freedom and a potential increase in costs due to the weak yen. Opponents of former minister Taro Kano express criticism, especially regarding cooperation with foreign companies.

Japan's digital transformation leads to mixed reactions: it offers innovative paths but raises concerns about the future of society.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Grayscale Research Highlights Professionalization in Crypto Asset Valuation

chest

The analysis of AAVE by Grayscale Research indicates a shift towards structured and professional approaches in crypto asset valuation.

user avatarMiguel Rodriguez

Grayscale Research Introduces Cashflow Valuation Framework for AAVE

chest

Grayscale Research has introduced a cashflow valuation framework for AAVE, highlighting the maturation of DeFi protocols.

user avatarLuis Flores

Uniswap Founder Highlights Regulatory Challenges for DeFi

chest

Hayden Adams highlights the regulatory challenges faced by DeFi protocols under US securities laws, calling for clearer regulations to support development and protect users.

user avatarArif Mukhtar

Arthur Hayes-Linked Wallet Accumulates 1,400 ETH Amid Market Reset

chest

A wallet linked to Arthur Hayes has purchased an additional 1,400 ETH, valued at around $251 million, indicating renewed whale activity in the Ethereum market.

user avatarMaria Gutierrez

Cardano's Van Rossem Upgrade Advances in Governance Phase

chest

Cardano's Van Rossem hard fork is progressing through its governance and validation stages, focusing on mainnet readiness.

user avatarDavid Robinson

Binance Blog Implements Strict Editorial Policy

chest

The Binance Blog has introduced a strict editorial policy that focuses on accuracy, relevance, and impartiality to enhance the quality of its content.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.