Liberal Democratic Party proposes next-generation financial framework integrating AI and blockchain; three major banks plan to issue stablecoins by March next year
ChainCatcher news, according to a report from CoinPost, the Liberal Democratic Party of Japan's Digital Society Promotion Headquarters "Next Generation AI & On-Chain Finance Project Team" has released a proposal suggesting the integration of AI and blockchain to drive automation and 24/7 operation of decision-making, financing, and asset management, designating finance as the "18th growth investment sector."
The proposal's specific measures include: advancing the tokenization of Bank of Japan current deposits (including wholesale CBDC), with a goal to finalize key arguments within the year; a joint issuance of stablecoins by three major banks, aiming to launch operations by March next year; and promoting the on-chain tokenization of real-world assets (RWA) such as receivables and real estate.
At the level of international cooperation, the proposal suggests establishing an "AI & On-Chain Finance Asia Policy Dialogue Framework" and advancing cross-border settlements of yen-denominated stablecoins to build a "Global SC Corridor Initiative."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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