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.

Even with Japan’s recent government focus and work to clarify the regulatory climate around the use and facilitation of digital assets, major companies and large-scale service providers remain reluctant to leverage blockchains to offer compelling new consumer experiences and unlock new value for the people of Japan.

The core problem we want to address is the tension between a lack of certainty of where blockchain servers are located globally, and which nation’s regulations its users ought to respond to for existing blockchains, while still achieving the same transparency, interoperability and open-source benefits that public, permissionless blockchains offer.

We believe that the high digital security, privacy, and safety needs of Japan call for urgent development of a public, open and available to use for any project globally, sovereign blockchain infrastructure that is beyond the reach of outside governments, regulators, or single points of failure.