News On Japan

Alibaba to open blockchain lab to boost business in Japan

Mar 28 (beincrypto.com) - Chinese tech giant Alibaba will open a blockchain laboratory in Japan next month in an effort to push Web3 adoption in the country.

The lab will be a collaboration between Tokyu Land Corporation and Skeleton Crew Studio and will enable game developers to learn about new blockchain technology and explore business opportunities. Skeleton Crew Studio specializes in virtual reality gaming.

In addition, Alibaba Cloud will launch a blockchain node service in Japan later in the year. The plan is to offer a more user-friendly experience for developers using Alibaba’s cloud infrastructure.

At present, the incubation center will only be open to a small group of existing customers who are currently working on projects with Alibaba.

The tech firm is also planning a hackathon in collaboration with Hash Key, the Hong Kong-based digital asset finance company. The first stage of which will start on April 2 in Tokyo. ...continue reading

News On Japan
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The 33rd Summer Olympics in Paris officially commenced with an opening ceremony held on the Seine River in the city center on the 26th (27th Japan time).

Japan's Ministry of Health, Labour and Welfare has initiated the creation of guidelines for taking home leftovers as part of its efforts to reduce food waste. Restaurants are hopeful for clear directions on preventing food poisoning.

Japan's Ministry of Health, Labour and Welfare have announced the average life expectancy for Japanese people last year, with women having an average life expectancy of 87.14 years, and men 81.09 years, both about half a month higher than the previous year.

Theft of air conditioner outdoor units has surged as Japan's heatwave continues, leaving some businesses unable to run critical cooling systems.

As power harassment allegations against the governor of Hyogo Prefecture continue to swirl, it has been revealed that another prefectural employee has passed away, with the prefecture delaying a formal announcement of the death by 3 months.

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Last week, global religious leaders, including representatives from the Vatican and the World Conference of Religions for Peace, gathered in Hiroshima to express concerns about AI development. They emphasized the need for transparency, inclusiveness, and fairness in AI usage.

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Japan is one of the countries that have the highest potential to reshape the global economy.

As concerns over labor shortages and customer harassment grow, NTT Communications has announced the development of a next-generation contact center utilizing domestic generative AI known for its strong Japanese language processing capabilities.

Japan's largest sports-related companies' exhibition SPORTEC has opened, showcasing the latest technologies utilizing artificial intelligence (AI).

In 2024 Japan's market, for currencies is set to experience growth with an estimated 500,000 active cryptocurrency traders by the year's end.

The population of cryptocurrency traders in Japan, the world's fourth-best economy, is expected to rise from 350,000 to 500,000 by the end of this year.