Japan's LDP proposes next-gen financial infrastructure using AI and blockchain

Japan's ruling Liberal Democratic Party (LDP) has proposed a plan to build a next-generation financial infrastructure combining artificial intelligence (AI) and blockchain, CoinPost reported today. The proposal was presented by a project team under the party's Policy Research Council focused on next-generation AI and on-chain finance. The plan aims to automate and integrate payments, lending, and asset management, enabling 24/7 operations. Under the initiative, finance will be designated as Japan's 18th growth investment sector, to be jointly developed by the public and private sectors. Key projects mentioned include the joint issuance of a stablecoin by the country's three megabanks and the tokenization of Bank of Japan current account deposits.