The NexTech conference held at the Big Sight conference venue in Tokyo showcased Artificial Intelligence as the main attraction, occupying the entire ground floor while other technologies like blockchain and quantum computing were relegated to the second floor. This highlights the challenge facing advocates of blockchain adoption in Japan, as the general public remains unconvinced despite recent government support. Yuzo Kano, CEO of bitFlyer Inc., lamented Japan's loss of its first-mover advantage in the crypto space due to incidents like the Coincheck hack in 2018 and the Mt. Gox hack in 2014. However, Kano believes that Japan is now in a position to make a fresh start and Masaaki Taira, Kishida's head of Web 3 development, will outline the government's strategy for this at the NexTech conference.
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