Techub News Report, according to Sina Finance, Bank of Japan Governor Kazuo Ueda stated that blockchain technology is expected to become a transaction and settlement infrastructure involving multiple assets and services (including digital currency). To promote the development of a new financial ecosystem integrating AI and blockchain, the Bank of Japan needs to establish mechanisms to ensure transaction transparency, authenticity, and payment security and stability. Currently, the Bank of Japan is conducting technical experiments on a blockchain system for settlement using central bank digital currency in the form of demand deposits.
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Techub News Report, according to Sina Finance, Bank of Japan Governor Kazuo Ueda stated that blockchain technology is expected to become a transaction and settlement infrastructure involving multiple assets and services (including digital currency). To promote the development of a new financial ecosystem integrating AI and blockchain, the Bank of Japan needs to establish mechanisms to ensure transaction transparency, authenticity, and payment security and stability. Currently, the Bank of Japan is conducting technical experiments on a blockchain system for settlement using central bank digital currency in the form of demand deposits.