Japan’s Next-Generation On-Chain Finance Plan, and Where Jasmy Could Fit

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Japan is moving beyond simply supporting Web3.

In May 2026, Japan’s Liberal Democratic Party released its “Next-Generation AI and On-Chain Finance Vision”, forming part of the broader Digital Nippon 2026 policy programme.

The vision is for a financial system increasingly built around:

AI agents
trusted and verified data
digital identity
yen stablecoins
tokenised bank deposits
tokenised real-world assets
smart contracts
24/7 financial markets
near-instant or T+0 settlement.

The ultimate concept is surprisingly straightforward:

Trusted data → AI decision-making → smart contracts → digital money → on-chain settlement

Stablecoins are a major part of the plan

Japan is examining a future in which yen stablecoins could be used for everyday and business payments, while tokenised bank deposits could handle larger institutional transactions.

The policy also discusses clarifying whether stablecoins could eventually be used for areas such as salaries, taxes and capital contributions.

Bank-issued stablecoins are also under consideration.

Importantly, this isn't only theoretical. Japan's Financial Services Agency has been supporting experiments involving major banks and securities companies exploring blockchain-based securities settlement.

AI and finance come together

The plan envisages AI agents eventually being capable of initiating transactions automatically.

For example, AI could verify that goods have been delivered and contractual requirements satisfied. A smart contract could then automatically release payment using a yen stablecoin.

Receivables generated through that transaction could themselves potentially be tokenised and financed.

That creates an economy where identity, trusted data, AI, blockchain and money increasingly operate together.

Where could Jasmy fit?

This is where things become interesting, but we need to distinguish evidence from speculation.

Jasmy already operates in an area Japan will need for this type of economy: trusted digital identity and personal data.

Jasmy's Personal Data Locker (PDL) has been connected with Japan's JPKI public personal authentication infrastructure, using the electronic certificates contained in My Number Cards for identity verification.

Conceptually, that creates a possible architecture:

My Number/JPKI → verified identity → PDL/trusted data → AI → blockchain → programmable payment

JasmyChain could potentially provide part of the blockchain infrastructure within such an environment.

However, there is currently no evidence that the Japanese government has selected JasmyChain for its national on-chain finance infrastructure or that JASMY will be used as a settlement asset.

That remains the critical missing connection.

Why this matters

Under former Prime Minister #Kishida, Japan promoted Data Free Flow with Trust (DFFT) — creating economic value from data while maintaining trust.

Japan's newer policy direction goes considerably further.

It increasingly combines:

trusted data + verified identity + AI + blockchain + tokenised assets + programmable money

#Jasmy already has demonstrable exposure to the identity and trusted-data side of that architecture.

The major question now is whether JasmyChain and ultimately JASMY become connected to the financial and settlement side as well.

I would characterise the evolution like this:

#Kishida era

Digital society

→ DFFT

→ trusted data

→ My Number/digital identity

→ Web3 development

#Takaichi era

Digital society

→ DFFT remains

→ My Number expands

→ private-sector digital identity expands

→ trusted/high-quality data becomes increasingly important for AI

→ AX/DX becomes a national growth strategy

→ Web3 environment continues

→ on-chain finance enters the policy discussion

That is something worth watching very closely.

In fact, after reading the actual 2026 document, I think the connection we've been following is materially stronger than simply “Japan is crypto-friendly.” Japan is trying to construct a trusted, identity-aware, AI-compatible, programmable financial/data economy. Jasmy already occupies one identifiable piece of that architecture. What we need to watch now is whether it gets pulled into the money and settlement layer.