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“Blockchain and Cryptocurrency: Japan’s Economic Elixir?”

“Blockchain and Cryptocurrency: Japan’s Economic Elixir?”

Thanks to blockchain and cryptocurrency, Japan’s economy may have greener pastures ahead. As the country’s GDP growth shrinks to lows last seen in the 1990s financial crisis — a.k.a. the “lost decade” — economists point to a technological boom as a potential catalyst for recovery.

Led by Japan, Major Economies Set to Introduce Unified Cryptocurrency Regulations
Related: Led by Japan, Major Economies Set to Introduce Unified Cryptocurrency Regulations

Now the second-largest cryptocurrency market in the world, Japan may engineer its own salvation as a world leader of the of the fourth industrial revolution (4IR). Characterized by the fusion of IoT, AI, robotics, blockchain and various breakthrough technologies — the 4IR might be seen as a smorgasbord of Japan’s strong-suits.

https://cryptoslate.com/blockchain-cryptocurrency-japans-economic-elixir/

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