The chief Governor of the Bank of Japan , Hiroshi Nakaso , has said the Bank of Japan has no plans to adopt a digital economy to replace the usage of computers . speaking at the " Fintech and the Future of Banking " conference at the university of Tokyo , Nakaso said the Bank of Japan is researching blockchain and distributed banking technology . Nakaso cited diverse implications of moving to a digital economy , in which the role of the central bank is unclear and is currently the realm of academic theory .
The Deputy Governor of the Bank of Japan, Hiroshi Nakaso, has said the Bank of Japan has no plans to adopt a digital currency to replace the usage of banknotes. Speaking at the "Fintech and the Future of Money" conference at the University of Tokyo, Nakaso said the Bank of Japan is researching blockchain and distributed ledger technology. Nakaso cited diverse implications of moving to a digital economy, in which the role of the central bank is unclear and is currently the realm of academic theory.