[BSPIxCryptoBase Joint Project No. 8]Thinking about blockchain technology and its economic expansion and limitations.

Blockchain technology was born from the Satoshi paper on Bitcoin in 2008; each elemental technology of Bitcoin had been thought of since the 1970s, but they were combined and Bitcoin was implemented as a blockchain in 2009 and released to the world. Since Bitcoin appeared in the midst of the decline of confidence in the centralized financial system due to the Lehman Brothers collapse, various forms of use have emerged based on blockchain technology. It is now called Web 3.0, and services such as NFT, DAO, and DeFi are being deployed around the world, with some countries using Bitcoin as national legal tender. 15 years have passed since the publication of the paper, and it seems to be becoming more common as its applications expand.

　On the other hand, looking at the world from a macroscopic perspective, since around the time of the MtGox incident in 2014, there have been calls for Bitcoin and other blockchain technologies to replace existing financial institutions, but although there has been repeated talk of this in various places, it has not been implemented in society and seems to be a pipe dream. However, despite repeated talk of this, it has not been implemented in society and appears to be a pipe dream. The FTX scandal of last year and other incidents have further strengthened calls for regulation from government authorities around the world. In the U.S., the SEC and the CFTC are increasingly regulating blockchain companies, and some industry observers believe that the U.S. may begin to move away from the blockchain industry.

　While development in terms of technology and functionality is progressing, it is difficult to expand in terms of useful use cases outside of speculative needs, and yet there is a vague feeling that the industry is not going to shrink. Many fear that the industry is moving further and further away from replacing the existing financial system due to regulations, and that it is not large enough to be established in its own economic sphere alone.

　Compared to the situation overseas, Japan’s Web3 policy is being promoted by the strong leadership of the ruling Liberal Democratic Party (LDP). In Japan, the ruling Liberal Democratic Party is pushing ahead with its “Web 3” policy, and various forces, including Web 2.0 companies, are stirring to take control of the next IT hegemony. Can they become the new engine of the Japanese economy?

　Under these circumstances, we have invited Dr. Yoshihiko Uchida, a doctor of economics who has been engaged in financial research at the Bank of Japan for many years, and who also engages in lively discussions with young crypto enthusiasts, to this event to explore blockchain technology and its economic sphere to what extent it will expand and where the limits lie.

We hope you will be interested in this event.

[BSPIxCryptoBase Joint Project No. 8]
Thinking about blockchain technology and its economic expansion and limitations.

[Event ticket Page]
https://peatix.com/event/3591745

[Date & Time]
Monday, Jun 5, 2023, 19:00 – 21:00 (doors open 18:45)

[Location]
CryptoBase
Sakuragaoka Front II 3F, 16-13 Sakuragaoka-cho, Shibuya-ku, Tokyo
https://cryptobase.green/

[Speakers]
Yoshihiko Uchida (Professor, Shunan Public University; President, Questry Lab.)
Keiichi Hida ( Founder and CEO, Blockchain Strategy and Policy Institute, Inc.)

[Schedule]
18:45 Doors open
19:00-20:15 Presentations & Talk
20:15 – 21:00 Socializing

[Ticket]
1500 yen/person via Peatix

[Organized by]
CryptoBase
Blockchain Strategy and Policy Institute, Inc.

[Profile]

UCHIDA YOSHIHIKO

Professor at Shunan Public University and President of Questry Lab. He served as a planning officer at the Institute for Monetary and Economic Studies and as a planning officer at the Financial Institutions Bureau of the Bank of Japan from 1994 to 2023. During this period, he was an associate professor at the Graduate School of Economics, Osaka University (2005-07), a supervisory planning officer at the Supervisory Bureau of the Financial Services Agency (2014-17), a professor at the Graduate School of Public Policy, University of Tokyo (2017-19), and a professor and specially appointed professor at the Graduate School of Arts and Sciences, University of Tokyo (2019-23). He has been in his current position since June 2023. D. in Economics from Kyoto University. He is a member of the Securities Analysts Association of Japan.

【イベント申し込みページ】
https://peatix.com/event/3591745