📄️ Introduction
The development of blockchain services in Japan has proceeded in fits and starts, with periods when Japan was a global leader (early Bitcoin era) and periods when Japan has lagged behind other parts of the world (current web3 era).
📄️ Problem Statement
Critical infrastructure needs to be sovereign – that is, beyond the reach of outside governments or regulators. While electricity grids, communications and transportation networks have historically upheld the paradigm of what constitutes “critical infrastructure”, the importance of digital sovereignty is becoming increasingly clear as the world moves into the digital age of artificial intelligence and web3.
📄️ Solution
"Japan's Digital Shinkansen"
📄️ Sovereign Ethereum Equivalence for Japan
Aligning with JSC’s Principles of Security and Scalability
📄️ Guiding Principles
JSC’s unique approach to creating the conditions for web3 adoption to thrive in Japan lies in its four guiding principles as defined below:
📄️ Mizuhiki Suite
Aligning with JSC’s Principles of Safety and Sovereignty
📄️ Governance
The JSC ecosystem comprises two main operating entities:
📄️ Tokenomics
Japan Smart Chain token, JSC’s native token, serves a dual purpose within the Japan Smart Chain ecosystem:
📄️ Technical Details
Validator Stack Architecture
📄️ Roadmap
The project's roadmap is divided into phases, starting with a public testnet, onboarding developers, followed by building essential tooling like the validator dashboard, and block explorer.
📄️ Appendix A: Glossary of Terms
- Anti-Money Laundering (AML)