Sansei Party Lawmaker Proposes Regional Revitalization Through Local Tokens, Minister of Internal Affairs and Communications Considers Collaboration

Broadcasting Regional Value with Blockchain

During the House of Councillors plenary session on March 23, Sansei Party lawmaker Manabu Matsuda proposed a regional revitalization plan using 'local tokens' powered by blockchain technology. In response, Minister of Internal Affairs and Communications Yoshimasa Hayashi indicated his willingness to consider collaboration within this fiscal year's local finance plan, specifically within the model project of the Hometown Resident Registration System.

Firstly, Matsuda addressed the current state of the Hometown Tax Donation System, noting that it often ends up being targeted for the return gifts, which detracts from its potential benefits to welfare...