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Central Japan Startup Ecosystem Holds Symposium on “Homeland of Mobility 5.0 – Leading Society to the Next Generation”
NAGOYA, Japan, March 1, 2024 /PRNewswire/ — The Central Japan Startup Ecosystem held a symposium and panel discussion under the theme, “Homeland of Mobility 5.0 – Leading Society to the Next Generation” at NAGOYA INNOVATOR’S GARAGE, a dynamic facility where entrepreneurs and enterprises come together to create new ideas, businesses and industries.
Thanks to Central Japan’s longstanding focus on ‘Monozukuri’, which focuses on the pride, skill, and pursuit of excellence through innovation and improvement, the region is leveraging this to create a manufacturing integrated ecosystem with mobility at its core.
The symposium was a hybrid event focusing on Central Japan’s commitment to being the “Homeland of Mobility 5.0 – Leading Society to the Next Generation.” This was followed by a panel discussion, where suggestions and perspectives on how Central Japan can fulfill the role of “Homeland of Mobility 5.0 – Leading Society to the Next Generation” were shared with the audience and how it will play a powerful role in encouraging and supporting entrepreneurs and startups to further develop and succeed. The event successfully introduced what Central Japan is doing in the rapidly evolving field of mobility and was an excellent platform opportunity to discuss the future of mobility in this region.
Event Highlights
The event opened with a speech by Shuichi Hirano from JETRO Nagoya (Director-General for Chubu, Chief Director, JETRO Nagoya). JETRO Nagoya and JETRO Hamamatsu have been carrying out projects to promote the Central Japan Startup Ecosystem overseas and one of their pillars is regional branding. For instance, an exchange with foreign media was held in December 2023 with five startups based in Central Japan. The event effectively communicated the strength of the Central Japan Ecosystem to overseas media and successfully achieved coverage in key media.
Toshio Sumi (Director, Economic Affairs Bureau Startup Support Office, Innovation Department, Nagoya City Economic Affairs Bureau) provided an overview of Central Japan, its history of innovation and manufacturing, and initiatives from the Central Japan Startup Ecosystem. Its mission is to be the Homeland of Mobility 5.0, making a positive impact on society by bringing the future of mobility to our doorsteps and is actively encouraging like-minded entrepreneurs and startups to the area. He also introduced two unicorn startups working towards Mobility 5.0 – Tier IV which is focused on autonomous driving and SkyDrive Inc. which is developing flying cars and will be featured in the upcoming Osaka World Expo 2025.
This was followed by a presentation by Katsuya Kawaji (Director, Startup Promotion Division, Industry Department, Hamamatsu City) who provided an overview of the startup ecosystem in Hamamatsu City, which has long held a strategic location for transportation, logistics, and culture in Japan. It is leveraging these assets, including its concentration of companies, mainly in the manufacturing industry, and has been developing various actions to “co-create” innovation and ecosystems with various stakeholders, including companies, startups, and entrepreneurs, both within and outside the region.
Mobility Designer Kazuhiko Makimura made a key note speech about the “Revolution Mobility 5.0 and Transportation Re-Design.” New mobility services rapidly accelerated during the pandemic, and his speech examined the current situation and future prospects for transportation that builds communities in the age of carbon neutrality. A key takeaway was to not only think of mobility as simply a movement, but as a service. Mobility as a Service (MaaS) is a concept offering a more integrated approach to urban mobility as a service, creating an environment where this movement can be done easy, through various modes of transportation and requires ease of connectivity. In an era where the value of mobility is changing, the possibilities of MaaS and automated driving will expand the shape of cities and the nature of society.
Panel Discussion Highlights
The event was followed by a panel discussion, “Homeland of Mobility 5.0 – Leading Society to the Next Generation” moderated by Naohiro Nishiguchi. Panelists shared their suggestions and perspectives on how Central Japan can fulfill the role of “Homeland of Mobility 5.0 – Leading Society to the Next Generation” that will play a powerful role in encouraging and supporting entrepreneurs and startups to further develop and succeed. Some key takeaways include the following:
When discussing what is Homeland of Mobility 5.0, Akira Odoi (General Manager, Innovation Promotion Department, Value Creation Division of the Central Japan Economic Federation) explained what this concept means to Central Japan Ecosystem and said, “Central Japan will be a hub for mobility change.” There are numerous companies including Toyota and its group companies – industries in aerospace, machinery, manufacturing products concentrated here, making us the industrial center of Japan. We can create a unique ecosystem by combining our strength in these areas of manufacturing and technology with startups to create open innovation and further this region as the Homeland of Mobility 5.0, while providing a range of mobility services that support society in the next ten years and beyond.
Mr. Nishiguchi commented that entrepreneurship is not just making a startup, it is also about the awareness that a change needs to be made and highlighted a point from Mr. Sumi’s earlier presentation that “We don’t have Mobility 5.0 yet. We are going to make it. We have problems and we are going to make something that solves them. That is what entrepreneurship is.”
Regarding the startup ecosystem framework and its strengths, Hans Greimel, an automobile journalist, provided an international perspective. Japan’s startups can be seen in a similar way to Toyota – reliable and safe, but this takes more time understandably, less risk taking and conservative, and this translates into the foreign perception of startup culture in Japan – not at the same pace, but at the same time, Hans said, “I would say there are big benefits – the focus on technology and reliability. Startups in Japan are not here today, gone tomorrow, but are more practical and pragmatic and with a long term view, which means they are more reliable in the long term.” The Chubu region startups are focused on mobility. He said, “If we think of Japan as an ecosystem, we should think about Central Japan as the incubator for mobility startups here thanks to the strength of Japanese motor and aerospace companies, along with their suppliers- it is an amazing concentration of this kind of engineering talent and a huge resource that should be utilized.”
From a female entrepreneur perspective, Kyoko Yokota has been providing support to female entrepreneurs for more than 20 years, and the number is steadily increasing. She felt that this was an exciting moment for Chubu region and for up and coming female entrepreneurs and researchers working in mobility. “I feel the enthusiasm of Central Japan through this event, and believe it is important for Central Japan to lead the efforts of each region for Japan as a whole,” she commented.
The completion of the Maglev train in the next few years will bring a trip between Tokyo and Nagoya to around 40 minutes and that will show the region’s strength in mobility. Though this region is rich in internationally recognized companies and have been world leaders for decades, there are some weaknesses that were addressed. Though many global companies are based in Central Japan, they tend to look beyond their borders. Sometimes it would help if these companies looked at their doorstep and in their own backyard. Some of the panelists mentioned that startups in this region need more support and there needs to be greater cross fertilization with these global companies. It was also stressed that startups in the region need to foster a global mindset, ensuring that English materials and a website are available. It is also important to raise the international profile of Central Japan and highlight strengths of this region, so events such as this are vital.
Each panelist offered a unique perspective because each comes from different areas of expertise.
This discussion was an excellent opportunity for all participants to deepen their understanding of the future of mobility and Central Japan’s role in it
Keynote speech/Panelist:
Kazuhiko MAKIMURA
Kazuhiko Makimura is a Mobility designer with a PhD in Engineering from the University of Tokyo. He is also a guest Professor at the University of Tsukuba and Kobe University as well as a part-time lecturer at Nanzan University. He is actively engaged in urban/transportation think tanks as a specialist in developing visions of mobility for the future.
Moderator:
Naohiro NISHIGUCHI
Naohiro Nishiguchi is a serial entrepreneur and holds many roles including Managing Director of Global Entrepreneurship Network Japan, President of Startup Genome Japan K.K., Professor at Sophia University. He is also a Certified Innovation Management Professional by the Research Institutes of Sweden (RISE).
Panelists:
Hans GREIMEL
Hans Greimel is an award-winning American business journalist and book author who covers Asian automakers as the Asia Editor at Automotive News. He attended Carlos Ghosn’s first press conference in Beirut, Lebanon after his escape from Japan in January 2020. Greimel’s coverage led to the book Collision Course: Carlos Ghosn and the Culture Wars that Upended an Auto Empire, published by Harvard Business Review Press in 2021.
Kyoko YOKOTA
Kyoko Yokota is Chief Executive Officer of Colabolabo Co., Ltd, Tokyo. In 2006, Kyoko Yokota started Colabolabo which provides business support for female entrepreneurs. It also manages website, “Women Presidents.net“, where a database of female entrepreneurs is made available to whoever is interested in their businesses. Yokota was selected as one of Forbes Japan’s “10 Japanese Women Who Will Create the Future! She has served as a member of the JST Startup Ecosystem Formation Support Committee and other committees in the fields of gender equality and local government.
Akira ODOI
Akira Odoi is the General Manager, Innovation Promotion Department, Value Creation Division of the Central Japan Economic Federation. Before taking this position, he worked for the Marubeni Corporation. Since taking the post, he has actively been engaging in activities that contribute to the economic development of the Chubu region, such as stimulating innovation and promoting start-ups.
Background on Central Japan
Located in the Chubu region, also known as Central Japan – right in the middle of Japan’s main island, Honshu, this region is proud of playing a vital role in the history of Japan’s manufacturing craftsmanship. It was where Toyota first began, and as a tech pioneer, it is now the home to a wide range of sectors such as automobiles, photonics, and aerospace, using advanced, cutting-edge technologies.
Central Japan continues to invite entrepreneurs and capitalists from all corners of the world to facilitate state‐of‐the‐art open innovation by infusing new ideas with local craftsmanship. And as a result, take part in playing a crucial role in paving the path towards the Homeland of Mobility 5.0 –the future of mobility.
Central Japan Startup Ecosystem provides everything a startup needs – from highly trained workers in many specialized fields to opportunities to conduct feasibility studies with leading companies in various industries including the mobility sector. There are also accelerator programs, financial support systems, innovative university seeds, and collaborative partnerships with ecosystems outside of Japan and also attract a wide range of entrepreneurs to this region.
About the Central Japan Startup Ecosystem
In July 2020, Aichi prefecture, Nagoya City and Hamamatsu City in Shizuoka-prefecture became one of the four regional Startup Ecosystem Global Base Cities groups designated nationwide by the Japanese Cabinet Office.
There are 371 startups in Central Japan, of which 150 are university-launched. An estimated 18,615 billion yen (as of July 2022) of funds have been raised, in addition to accelerator programs, financial support systems, and innovative university seeds.
Collaborative partnerships with Station F, INSEAD, BLOCK71, Paris &Co, Bpifrance, Venture Café, Plug and Play, Israel Innovation Authority, Tsinghua University, China Medical University, National University of Singapore, the University of Texas at Austin, Stanford University, North Carolina State University, University of Nebraska and the Indian Institute of Technology Hyderabad attract a diverse range of entrepreneurs to the region.
For more information, please visit https://central-startup.jp/en/
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Enabling Regenerative Agriculture for Independent Smallholders in Indonesia: The BIPOSC Project, in Collaboration with Musim Mas, L3F, SNV Indonesia, and ICRAF
JAKARTA, Indonesia, Oct. 18, 2024 /PRNewswire/ — Musim Mas Group, the Livelihoods Fund for Family Farming (L3F), SNV Indonesia, and World Agroforestry (ICRAF) are collaborating to improve the knowledge and capacity of independent oil palm smallholders through the Biodiverse & Inclusive Palm Oil Supply Chain (BIPOSC) project.
The project began in 2021 and takes a long-term approach to sustain a deforestation-free supply chain, regenerate degraded land, restore local biodiversity, and improve the livelihoods of independent smallholder farmers in Labuhanbatu, North Sumatra. BIPOSC will achieve this through implementing regenerative agriculture, locally adapted agroforestry models, capacity-building for sustainable businesses, and others.
The independent palm smallholders taking part previously received complementary training from Musim Mas. Following the training, these smallholders formed a smallholder’s association, Labuhanbatu Independent Oil Palm Smallholders Association (APSKS LB), North Sumatra. Musim Mas encourages smallholders to form associations to get better access to resources and obtain certification by the Roundtable on Sustainable Palm Oil (RSPO) and Indonesian Sustainable Palm Oil (ISPO).
“Musim Mas has long saw that smallholders are key to achieving palm oil sustainability, and that’s why we lead Indonesia’s most extensive smallholder program. We believe that the way forward is to collaborate with more partners to achieve a wider impact. With our BIPOSC partners, we hope to advance the skills and knowledge of smallholders through regenerative agriculture and related techniques. Regenerative agriculture and agroforestry have the potential to help smallholders be part of a sustainable palm oil supply chain. It could help them develop alternative sources of income, especially during the replanting period where their palm oil crops are unproductive, typically for three years,” said Rob Nicholls, General Manager, Projects & Programs, Musim Mas Group.
In the face of climate change and threatened biodiversity, regenerative agriculture can play a role for small farms because it maintains soil health, prevents erosion and water runoff, and can potentially reduce greenhouse gas emissions and nitrogen leakage.
“As a global development partner organization, SNV aims to support Indonesia in achieving its Sustainable Development Goals (SDGs). To achieve this, we need to implement effective and impactful programs to transform agricultural and food systems, energy, and water. In the BIPOSC program, we promote a comprehensive regenerative agriculture and agroforestry model to maintain soil fertility and biodiversity, providing maximum benefits for farmers’ livelihoods and economy,” said Rizki Pandu Permana, Country Director of SNV Indonesia.
The key regenerative agriculture techniques taught include the application of bio-input, mulching to protect topsoil, planting cover crops, integrated pest management that reduces the need for chemical pesticides, and application of compost that reduces the amount of chemical fertilizers needed. To date, 1,032 independent smallholders received training and implement these techniques on their farms, representing a total land with a total area of 1,063.68 hectares. The project trained 25 village facilitators to provide hands-on assistance to smallholders, and seven demo plots established as pilot areas and learning facilities for regenerative agriculture.
“When I visited palm oil smallholders a few years ago in the area, their biggest concern was access to more fertilizers. While fertilizers play a key role in boosting yields, there was a noticeable gap in understanding how to protect the soil from long-term degradation. Smallholders needed more knowledge about maintaining soil health, preserving soil structure, and other critical factors. This is exactly what the BIPOSC project aimed to address, and we’re pleased to see that the farmers involved are now reporting not only higher yields but also healthier soils on their plots,” said Bernard Giraud, President & Co-Founder, Livelihoods.
The projectalso looks into capacity-building. In addition to home composting, the project enabled the local farmer association, APSKS LB, to develop and manage a composting unit with a capacity of 100-150 tons/month. Producing compost at scale with inputs from nearby mills and farmer plots, the unit offers compost to member farmers at half of typical market prices. In 2023, its first year of operation, the unit produced 588 tons of compost, and generated a profit of IDR 421 million. The project partners believe it is a model that can be replicated elsewhere.
“One of the most impactful outcomes of this project for smallholders is the Composting Unit as the business model around it. It enables smallholders to obtain compost affordably, and the profits are shared among member farmers. This is a practical solution to promote the adoption of composting, and all ASPKS-LB smallholders are now using compost in their plots,” said Syahrianto, Chairman of the Labuanbatu Independent Oil Palm Smallholders Association.
As of 2023, independent smallholders manage about 41% of oil palm planted areas in Indonesia, representing 6.94 million hectares. This figure is expected to increase to 60% by 2030, making projects like BIPOSC critical in shaping the future of sustainable palm oil production.
Devane Sharma
[email protected]
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JAKARTA, Indonesia, Oct. 18, 2024 /PRNewswire/ — Nium, the leading global infrastructure for real-time cross-border payments, is thrilled to announce a partnership with Bank Rakyat Indonesia (BRI) to provide Indonesian customers with real-time international money transfer capabilities. This collaboration aims to enhance the cross-border offerings for BRI’s individual and corporate customers, delivering more accessible and cost-effective financial services across Indonesia.
This partnership empowers more than 150 million BRI account holders, including those in remote regions of Indonesia, to access modern, real-time cross-border payment services. The offering includes a variety of real-time payment mechanisms, supporting bank account destinations, a global electronic card network, and digital wallets. These innovations are closely aligned with BRI’s ongoing mission to provide affordable and customer-focused financial products, particularly for traditionally underserved communities.
BRI’s Corporate Secretary, Agustya Hendy Bernadi, emphasized BRI’s dedication to constantly improving customer convenience through innovations in its global network and cross-border transaction services. “This collaboration reflects BRI’s continuous efforts to enhance productivity and efficiency by expanding its digital payment channel network to meet the growing demand for global transactions,” he said. Agustya added that the partnership with Nium aligns perfectly with BRI’s vision to be Southeast Asia’s most valuable banking group and a champion of financial inclusion by 2025. “With Nium’s global transaction network, BRI strengthens the digitalization of its business processes and enhances retail banking capabilities in line with our 2025 strategic vision.”
Anupam Pahuja, General Manager and Executive Vice President for Asia Pacific, Middle East, and Africa at Nium, shared his excitement about the partnership, highlighting BRI’s extensive presence across Indonesia’s 17,000 islands. “By integrating Nium’s advanced technology into BRI’s platform, we are dedicated to providing BRI’s customers, no matter where they are, with access to exceptional financial services. This partnership will remove the risks associated with cash handling and provide faster, more cost-effective transactions—whether individuals are sending money to family members abroad or businesses are making international payments.”
Cross-border payments are projected to grow significantly in Indonesia, with a forecasted year-on-year increase of 15% through 2025, driven largely by the digital transformation in financial services (Statista, 2024).
This partnership between BRI and Nium is expected to transform the way Indonesians engage with global financial services, meeting the rising demand for modern payment infrastructure and enhancing the overall experience for BRI’s customers in their international transactions.
About Nium
Nium, the leading global infrastructure for real-time cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 40 markets. Nium’s growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.
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Fintech PR
Grexie Signchain Launches on November 1st, 2024: Enabling Smart Contract Developers to Bring Off-Chain Data On-Chain with Seamless Gas-Paid Signing
Grexie Signchain enables developers to sign off-chain data into smart contracts, with self-hosted or secure vault signer wallet management.
MANCHESTER, England, Oct. 17, 2024 /PRNewswire/ — Grexie Limited proudly announces the launch of its innovative smart contract solution, Signchain, on November 1st, 2024. Designed specifically for developers, Signchain introduces a powerful way to bring off-chain data on-chain through user-paid gas fees and secure signing of data into smart contract methods using its extendable smart contract, Signable.
In the growing landscape of blockchain technology, securely managing off-chain data and integrating it into on-chain smart contracts has posed significant challenges for developers. Signchain eliminates these hurdles by offering a robust, gas-efficient system for signing and authenticating data in real-time.
Key Features of Signchain:
1. Seamless Off-Chain to On-Chain Data Integration
Signchain enables developers to securely bring off-chain data on-chain by signing it directly into smart contract methods through user-paid gas fees. This integration ensures that data authenticity is preserved, and its entry into the blockchain remains tamper-proof, streamlining processes for industries relying on real-world data verification. Signchain also supports integration with Google Sheets, AWS, and Firebase, making it easy to pull data from popular off-chain data sources.
2. Extendable Smart Contract – Signable
The core of Signchain’s technology is its extendable smart contract, Signable, which allows developers to customize and build upon existing smart contracts. With Signable, developers can easily implement contract signatures for any data type, offering flexibility across industries from finance to logistics and beyond.
3. Signer Wallet Management
Signchain offers comprehensive signer wallet management as part of its service, empowering developers to manage and authenticate signers effectively. Wallets can either be self-hosted using Signchain’s Docker container for those who prefer their own infrastructure, or they can leverage Signchain’s network of secure vaults for maximum security.
4. Self-Hosted or Managed Service
For developers who want full control of their infrastructure, Signchain provides a self-hosted option via Docker containers, allowing them to deploy the platform on their own servers. Alternatively, developers can opt to use Signchain’s secure vault network, offering a hassle-free solution with enterprise-grade security and wallet management.
5. User-Paid Gas Fees
By integrating a user-paid gas fee model, Signchain allows users to cover the costs of signing and authenticating their data, ensuring the signing process is efficient and doesn’t overburden developers with additional expenses. This makes Signchain an ideal solution for dApps and platforms handling high transaction volumes.
6. Google Sheets, AWS, Firebase Integration with Serverless Model
Signchain supports integration with Google Sheets, AWS, and Firebase in a serverless model, powered by a hosted Sign In With Ethereum (SIWE) implementation provided by Signchain’s API. Developers can simply connect their Google Sheets and configure the contract parameters associated with each column. Signchain will automatically look up the user’s wallet address in the spreadsheet, sign the transaction data, and execute it in the blockchain along with any user-supplied parameters. This creates an easy, efficient way to manage data inputs from off-chain sources without heavy infrastructure setup.
Revolutionizing Smart Contract Workflows
With Signchain, developers now have the tools to handle the complexities of integrating off-chain data into smart contracts. The extendable nature of Signable offers flexibility, allowing developers to cater to various use cases, whether it’s automating financial transactions, supply chain data, or verifying legal agreements.
Tim Behrsin, CEO of Grexie Limited, said, “Signchain is more than just a signing solution—it’s a platform that empowers developers to securely integrate off-chain data into their smart contracts with minimal effort. The flexibility of Signable and our focus on signer wallet management offers developers control and security at every stage of the process.”
Why Signchain Matters
Signchain addresses critical challenges faced by developers, particularly those dealing with off-chain data. By signing data into smart contracts and enabling user-paid gas fees, the platform significantly reduces friction in managing secure, scalable smart contracts. Whether developers need to manage high volumes of data transactions or create bespoke smart contracts, Signchain offers a scalable and secure solution.
In industries like DeFi, real estate, and supply chain management, data integrity and security are paramount. Signchain’s secure vault network and customizable signing workflows allow businesses to handle sensitive information with confidence.
Launch Event and Future Developments
The official launch of Signchain will take place on November 1st, 2024, alongside a virtual event. The event will showcase live demonstrations of Signable, with detailed walkthroughs of the Docker-based self-hosted solution and signer wallet management features. Attendees will also get an exclusive preview of future enhancements, including multi-signature workflows and advanced blockchain network integrations.
About Signchain
Signchain is a cutting-edge platform developed by Grexie Limited, based in Manchester, Cheshire, United Kingdom. Signchain simplifies smart contract development by offering a secure, scalable, and customizable solution for signing and authenticating off-chain data on-chain. Developers can either self-host the solution using Signchain’s Docker container or rely on the network’s secure vault infrastructure. With an emphasis on security, flexibility, and developer experience, Signchain is set to transform how smart contracts handle off-chain data.
For more information, visit signchain.net.
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