Information & Communications Technology

ICT
US-Japan-EU to form alliance in data battle with China
The U.S., Japan and the European Union will work together to craft rules on cross-border data transfers, aiming to safely share more information and so become more competitive in developing artificial intelligence as China vacuums up more and more personal data on its own.
Japan must improve its disaster services for foreigners
If a major earthquake or other disaster hits Japan, is the country equipped to provide sufficient information to foreign residents and tourists? This issue was brought into sharp relief this past summer when disasters hit the northern main island of Hokkaido and the Kansai area in the west.
Zaif cryptocurrency breach victims remain shortchanged
The Japanese cryptocurrency exchange that lost over 7 billion yen ($61.5 million) to hackers last month has yet to repay the victims of the breach, while both industry and regulators seek stronger consumer protections against the risks plaguing the field.
Jins' new vision: Glasses as wearable smart devices
When he senses a business opportunity, Hitoshi Tanaka bets big and does everything he can do to make sure the initiative bears fruit.The 55-year-old veteran entrepreneur describes the moment as “taking a full swing.”
Cryptocurrency industry group eyes tighter rules
A group of cryptocurrency exchange operators plans to tighten self-regulatory measures it follows on the management of customer assets in the wake of another hacking incident in early September, informed sources said Saturday.
Banks embrace blockchain to remain relevant
Global banks such as HSBC and Mitsubishi UFJ Financial Group along with local players like Japan's Resona Holdings and Bank of Ayudhya in Thailand are embracing blockchain technology to offer lower-cost services as financial technology companies threaten their dominance.