• 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

Ethereum's Market Structure Remains Resilient Despite Recent Decline

chest

Ethereum's market structure shows resilience despite recent selling pressure, maintaining critical support levels.

user avatarRajesh Kumar

Crypto Expert Predicts XRP Supply Crisis Amid Rising Demand

chest

A crypto expert predicts a potential supply crisis for XRP as demand may soon outstrip available exchange reserves.

user avatarMiguel Rodriguez

WhiteBIT Expands into the UK with New Platform Launch

chest

WhiteBIT has launched a dedicated platform for UK users, enhancing access to crypto markets and offering features like spot trading and GBP funding.

user avatarLuis Flores

Emerging Technologies on XRP Ledger Could Boost Adoption

chest

Technological advancements around the XRP Ledger, including zero-knowledge proof capabilities and the DNA Protocol project, may drive increased adoption by enabling institutions to verify identity and regulatory requirements without exposing private data.

user avatarArif Mukhtar

Ethereum Leads the Way in Real-World Asset Tokenization

chest

Ethereum has emerged as the leader in the tokenization of real-world assets (RWA), boasting a market share of 67% in this sector.

user avatarMaria Gutierrez

Iran Launches Bitcoin-Backed Insurance Service Amid War

chest

Iran has introduced a Bitcoin-backed insurance service for shipping in the Strait of Hormuz as it seeks to navigate US sanctions.

user avatarDavid Robinson

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.