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In his inaugural press conference, Masaaki Taira said the “most important thing” to deregulate in the blockchain sector is the Japanese “tax system” Author Tim Alper Share Last updated: Masaaki Taira, Japan’s newly appointed Digital Transformation Minister, has hinted that he will push for crypto tax reform. During a press conference after his appointment, Taira called for the “reform” of tax laws to help the nation’s “ blockchain ” sector. Given Taira’s previous comments about the need for crypto tax reform, it appears clear he was referring to crypto tax. Crypto Tax Reform: Japan Inches Closer? Per CoinPost , journalists asked Taira about the web3 sector. They asked “what kind of deregulation” would help “the spread of blockchain technology.” Taira replied: “I think the most important thing is the tax system.” However, the minister then appeared to temper this statement by suggesting that tax-related matters were out of his control. He explained: “I’m not in a position to speak about the tax system, so I cannot comment on that matter.” Journalists pressed him on these comments, asking him to clarify his answer. To this, Taira replied: “Tax reform is the responsibility of the Financial Services Agency, so I will […]

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Hon. Konris Maynard. Basseterre, St. Kitts – The Federation of St. Kitts and Nevis, in its efforts to achieve a sustainable island state, is rapidly positioning itself as a leader in digital transformation within the Caribbean, thanks to the strategic efforts of the government and the widespread access to technology among its citizens. Hon. Konris Maynard. During the Caribbean Telecommunications Union’s press conference on October 03 at the St. Kitts Marriott Resort, Minister of Information, Communications and Technology in St. Kitts and Nevis, the Honourable Konris Maynard, highlighted the near-universal penetration of smartphone technology and the growing technology infrastructure—such as the Internet Exchange Point (IXP), St. Kitts and Nevis Internet Exchange (SKNIX), and Electronic ID (eID) —as opportunities the government is seizing to fast-track its digital agenda. “The fact that we do have that level of access to technology, because almost every person has a smart mobile phone in St. Kitts and Nevis, the rate is extraordinarily high,” he said. “It means then that we can take that opportunity now to go full force in implementing the digital services that the government has to offer.” In recent years, the government has steadily introduced a range of digital services, from […]

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‘Get the tech stacks right, and you’ll have the tools to transform, adapt, and grow.’ As we approach 2025, it’s undeniable that the e-commerce landscape has been reshaped entirely. The Covid-19 pandemic didn’t just push brands online – it redefined the entire shopping experience. The most successful brands today understand that the traditional, linear shopping journey is dead. Gone are the days when a customer casually browsed a store, selected a product, and made a purchase in a straightforward transaction. Now, the consumer journey is a web of touchpoints, both online and offline, that require businesses to be agile, responsive, and – most importantly – intelligent about how they use data. Brands must now go beyond surface-level data if they want to succeed. It’s no longer enough to just know who your customer is; you need to know what they want even before they do. Investing in data Brands that invest in real-time data analysis powered by AI are the ones that will not only survive but thrive in this fast-paced environment. Whether it’s personalised product recommendations or real-time inventory adjustments based on local demand, using data to tailor the shopping experience is no longer a luxury – it’s […]

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To overcome challenges to Ghana’s digital transformation, we must cultivate an ecosystem where startups, corporations, governments, and non-profits work in concert rather than in isolation, Chief Executive Officer (CEO) of Telecel Ghana, Patricia Obo-Nai has said. She believes that teamwork and a blend of diverse perspectives are essential for driving progress in the country’s digital transformation. “Collaboration has the power to spark innovation because everyone brings a unique set of knowledge and skills to the table to propel a solution to the top of the market. It allows us to combine diverse perspectives, skills, and experiences to create something greater than the sum of its parts. One of the greatest challenges to digital transformation is overcoming the silo mentality – which is the unwillingness to share information and ideas with each other because we believe that gives us a competitive edge. The world has moved on,” she elaborated. Additionally, she said that country’s digital transformation trajectory must be one where opportunities are accessible to all, further noting that this requires investing in digital literacy programmes, supporting grassroots innovators, and creating platforms that amplify under-represented voices. Ms, Obo-Nai made this remarks in a keynote address at the opening ceremony of […]

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From smart cities to remote working, it’s safe to say we’re living in an increasingly digitalized world. And as our digital society continues to develop, so does the complex digital infrastructure making it all possible. But when the sky’s the limit, how do we ensure what’s now translates to what’s next? In this eBook, we examine the applications driving innovation as well as the digital transformation of not only our day-to-day lives, but the data centers and networks that form the backbone of today’s and tomorrow’s digital world. Read our eBook where our expert editorial team explore: The arrival of 5G and the Edge. What are the prospects now? Why smart smart cities are both incredible and inevitable Standards updates for optical fiber: what you need to know Data centers and Industry 4.0: the next manufacturing revolution Why increasing data center demands ultimately lead to a more resilient fiber platform

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The financial sector is experiencing a significant digital transformation, with a leading institution reshaping how consumers interact with banking services. Moving beyond traditional banking, it has developed a multi-service platform that provides digital payments, lending, and investment options. By prioritising user experience and leveraging technology, the institution has created a mobile app that offers seamless access to various financial services.This digital evolution has resulted in millions of monthly transactions and has expanded access to underserved markets, fostering financial inclusion and job creation. As Indonesia embraces this digital innovation, the upcoming 32nd Edition of the Digital Transformation Summit will serve as a vital platform for collaboration. With the theme “Innovate. Collaborate. Disrupt: Indonesia’s DX Revolution,” the summit will unite over 2,000 influencers, including business leaders and government officials, to explore synergies and tackle pressing challenges. This event is an opportunity to engage in insightful discussions and contribute to shaping Indonesia’s digital future. Why Indonesia? Indonesia ranks among the top 20 global economies, with IT spending projected at $6 billion in 2024 and the digital sector expected to reach $133 billion by 2025. AI adoption could enhance production capacity by $43.5 billion. The e-commerce market is forecasted to grow to $95 […]

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Omantel and Optiva have upgraded and migrated over 200 Omantel products and services across all business lines to Optiva’s convergent charging engine, hosted on Omantel’s private cloud. This upgrade enables the implementation of innovative use cases for both consumer and enterprise segments, powered by GenAI and 5G technologies. Optiva’s cloud-native convergent charging solution, which includes real-time rating, charging and payment capabilities, plays a key role in Omantel’s strategy to deliver innovative services to more than three million customers, while enhancing the overall digital customer experience. By transitioning from a bare-metal deployment to Omantel’s cloud infrastructure, the company can now leverage CI/CD (continuous integration/continuous delivery) pipelines and automation, ensuring rapid access to new features and capabilities. With Optiva’s Charging Engine, Omantel will also streamline the integration of new digital partners into its service portfolio, boosting customer satisfaction and driving revenue growth. “Through this cloud transformation, both Omantel and its customers will benefit from cloud-native architecture, GenAI capabilities and enhanced 5G capacity,” said Robert Stabile, CEO of Optiva. Omantel taps Optiva for next digital transformation phase

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Adobe Stock Digital transformation has become a critical driver of operational excellence across various industries and the insurance sector is no exception. With a rich history spanning more than 200 years, the industry is no stranger to evolution and adoption. In this era of compound volatility, the combination of increased near term risks and long term structural changes, the importance of embracing digital technologies to streamline operations and enhance customer experiences has never been more essential to remain competitive.

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