Bank of Japan Explores Blockchain Settlement in New Financial Ecosystem

Bank of Japan Explores Blockchain Settlement in New Financial Ecosystem

At the FIN/SUM 2026, Bank of Japan Governor Ueda highlighted the institution's commitment to fintech, established with the FinTech Center in 2016. This year's theme focuses on AI and blockchain, technologies crucial to evolving Japan's financial landscape. The Bank has conducted extensive research, including collaborations with the European Central Bank, addressing both opportunities and challenges posed by blockchain. Notably, Ueda announced plans for technical experiments to employ blockchain-based settlements using central bank money. This initiative marks a pivotal moment in the integration of advanced technologies in financial services, as the Bank navigates the practical implementation of such innovations.