• 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

a year 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

Stablecoins to Revolutionize Cross-Border Payments

chest

The a16z report highlights the potential of stablecoins to transform cross-border payments, making them faster and cheaper.

user avatarMaria Fernandez

Bitcoin Futures Volumes Halved, Impacting Market Dynamics

chest

Bitcoin futures volumes have significantly decreased, affecting market volatility and trading dynamics.

user avatarRajesh Kumar

Long-Term Holder Selling Pressure Affects Bitcoin Performance

chest

Long-term holders of Bitcoin have been selling, impacting its performance against the stock market and gold.

user avatarGustavo Mendoza

Regulatory Scrutiny Looms After Flow Token Hack

chest

Regulatory scrutiny arises after the $39 million hack of the Flow blockchain, with concerns over compliance in the movement of illicit funds through a centralized exchange.

user avatarMiguel Rodriguez

Flow Foundation Launches Recovery Plan Following Major Hack

chest

The Flow Foundation has launched a two-stage recovery strategy following a significant security breach that resulted in a $39 million loss.

user avatarLuis Flores

Investors Eye Promising Cryptocurrencies: Cardano, Ethereum, and Mutuum Finance

chest

Investors are focusing on established tokens like Cardano and Ethereum, alongside new projects such as Mutuum Finance, which shows significant growth potential.

user avatarMaria Gutierrez

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.