The University of Tokyo, the University of Aizu, the Global Communication Center of the International University, and Soramitsu Co., Ltd. will conduct empirical research on local currencies using blockchain technology in the Aizu region from the fall of 2016.

 Blockchain is a mechanism that makes it impossible to falsify data by distributing it to computers scattered all over the world, not in one place, and was devised as a basic technology of Bitcoin (digital currency). What has evolved.It has features such as easy transaction proof by aggregating and consolidating transaction information from the past to the present.

 While blockchain is creating new channels for economic transactions in the form of cryptocurrencies such as Bitcoin, it has the potential to be applied to all types of information distribution such as ledger management and information legitimacy, and various innovations. It is expected to create a standard service.Among them, digital currencies can issue new currencies in various areas including regions, and there is a possibility that new services can be created by combining with functions such as smart contracts (automatically executed contracts).

 The four parties signed a joint research contract on June 4, 2016, and in the demonstration experiment to be conducted from the fall of 6, the University of Tokyo will be in charge of overall supervision, research on economics and institutions, and the University of Aizu will be in charge of research on blockchain technology utilization. It is said that a system that realizes a unique regional currency will be prototyped by dividing roles.

Tokyo University

Established in the 10th year of the Meiji era.A university with the longest history in Japan and at the forefront of Japanese knowledge

The University of Tokyo was established in 1877 (Meiji 10) by integrating the Tokyo Kaisei School and the Tokyo Medical School.Since its establishment, it has developed education and research in a unique way in the world as a leading university in Japan and an academic center for the fusion of East and West cultures.As a result, many human resources have been produced in a wide range of fields, and many research achievements […]

University of Aizu

Possibility to start from computer science and engineering

World-class faculty members gather to train computer scientists who create "knowledge" in a new era and engineers with high computer skills.By training critical thinking skills that are not bound by preconceived ideas and fostering curiosity, we are growing the buds of creative ideas.Computer[…]

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