Japan Integrates AI and Blockchain into Financial Infrastructure

The Liberal Democratic Party in Japan has made a significant move towards integrating AI and blockchain technology into its financial system. The party's Policy Research Council recently approved a proposal to adopt on-chain finance as the next-generation national financial infrastructure.

According to the plan, tokenization of Bank of Japan current accounts is one of the key elements. This involves clarifying implementation issues and publishing a roadmap by year-end. Another significant aspect is the acceleration of bank-issued yen-denominated stablecoins, which will have legal clarity for salary and tax payments.

The proposal also designates finance as the 18th growth investment area, alongside AI, semiconductors, quantum computing, and aerospace in Japan's national growth strategy. A five-year roadmap is planned, backed by public-private partnerships and bold investment commitments across the financial sector.