The Bank of Japan’s June report on recent economic and financial developments Bank of Japan, Communication, 16 June 1999. The Bank’s View2 Japan’s economy, at present, has stopped deteriorating, but clear signs of recovery have not been observed yet. With regard to final demand, business fixed investment has basically been on a downward trend, although there was a slight improvement in early 1999.
Let us first remind ourselves that distributed ledgers at its core, is a computer protocol that allows many participants to record information on a single ledger that is shared among users, so each one sees the same data. The best-known application of distributed ledgers is Bitcoin, which is a decentralized digital currency that is an internet-based medium of exchange.