Home Metaverse From anime to the metaverse: Japan prepares to re-emerge as a digital world leader | Ingram Yuzek Gainen Carroll & Bertolotti, LLP

From anime to the metaverse: Japan prepares to re-emerge as a digital world leader | Ingram Yuzek Gainen Carroll & Bertolotti, LLP

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From anime to the metaverse: Japan prepares to re-emerge as a digital world leader |  Ingram Yuzek Gainen Carroll & Bertolotti, LLP

Source: news.google.com

Japan, a country once known for its unique technological advances (think smart toilets), but one that has lagged behind in digital technology and still adheres to old-school practices (think stamps and fax machines), has as objective to position itself as a leader in the Web 3.0 field with a national strategy to promote its digital economy. In his political speech on October 3, 2022, Prime Minister Fumio Kishida announced Japan’s plans to invest in a digital transformation, including an expansion into the metaverse and NFTs.

Earlier this year, the Kishida administration established the NFT Policy Project Team under the Liberal Democratic Party Headquarters for the Promotion of a Digital Society. The project team published a comprehensive NFT white paper on Japan’s NFT strategy…

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