Six major Japanese companies are joining forces to launch an unprecedented cross-industrial project using digital technology to create new products and services.
The digital transformation -- or DX project -- will be coordinated by Silicon Valley-based investment firm Scrum Ventures. The companies include East Japan Railway and Toyota Research Institute-Advanced Development.
The Bank of Japan has launched a task force to study issuing a digital currency, as such money becomes increasingly popular around the world.
The move comes after government economic guidelines called on the BOJ to examine the feasibility of a digital currency that can be exchanged through smartphones.
Sony had previously confirmed that they are working on the PS5 and revealed the console’s new DualSense controller, but stopped short of revealing the design of the console itself or providing more details. However, for those who have been eagerly anticipating the console, here it is.
During Sony’s PlayStation event, the company officially unveiled the PS5 console which will be launching in two editions – the regular PS5 and the PS5 Digital Edition. Both consoles will be more or less identical in terms of performance, with the main difference being that the Digital Edition will not come with a disc drive, meaning that it will be purely for digital downloads.
A survey in Japan has found huge gaps among regions on the usage of digital devices and materials to help children study at home as their schools remain closed due to the coronavirus pandemic.
The education ministry asked local governments about their home study support for more than 25,000 elementary, junior and senior high schools.
Japan's finance minister Taro Aso has warned his G20 counterparts about digital currency, saying more work is needed before any issuance.
In a news conference after the meeting of the Group of 20 finance ministers and central bank chiefs in Saudi Arabia, Aso said regulations on digital currency should be drawn up to avoid potential risks such as money laundering.