Japan May Be Left behind in Blockchain Race

Japan May Be Left behind in Blockchain Race

Lack of experts may dash Japan’s hopes of becoming a vibrant competitor in the blockchain technology sector at the world stage particularly for financial uses. Japan is the world’s second largest developed economy with an enviable record as one of the nations that have pioneered technological development. However, Japanese financial firms’ efforts to adopt blockchain technology that could save billions of dollars in backroom processing and revolutionize the finance industry doesn’t seem to be yielding much fruit due to the shortage of startup companies, according to Reuters. The country....


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