Shytoshi Kusama Publishes Groundbreaking S.H.I.B. Proposal for US Government


Shytoshi Kusama Publishes Groundbreaking S.H.I.B. Proposal for US Government

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

In a recent blog post, the masked SHIB lead developer Shytoshi Kusama outlined a proposal for a plan of establishing Strategic Hub for Innovation and Blockchain (S.H.I.B.). This concept implies that such a hub is first to be created in a single US city potentially transforming the entire country using the blockchain technology.

Kusama stressed that this plan is going to be presented to the future US president and in this blog post it is offered to read to the global crypto community.

The total estimated cost of implementing all parts of this plan is $1.3 billion – $2.35 billion over a 5- to 10-year period, according to the blog post. Alas, SHIB itself is nowhere to be found here.

Shytoshi Kusama’s S.H.I.B. plan

Shytoshi Kusama stressed that this plan is to tap into the vast potential of blockchain technology and it aims to “stimulate economic growth, create high-quality jobs, enhance national security, and reinforce the United States’ leadership in emerging technologies.”

Another important factor underscored by Kusama is that “the hub will integrate sustainable practices, aligning with national goals for environmental stewardship and sustainable economic development.” Kusama is certain that the US government will be able to capitalize on the aftermath of the implementation of this plan, “ensuring economic prosperity, technological advancement, and enhanced national security.”

The plan suggests implementing innovations in transforming the potential US city in multiple ways. That vast transformation includes the improving of cybersecurity using the vast opportunities of the blockchain technology, including securing communications and protecting critical infrastructure, as well as developing the next generation of Internet technologies and digital infrastructure.

Related

Shytoshi Kusama Leaves Epic Scam Warning for SHIB Holders: 'I’m Completely Fed Up'

“Strategic investment in the US future”

The “detailed plan” section also touches on such important topics as economic incentives, talent development, and regulatory framework, among other ones. Project outcomes for various time periods are presented and analysed: a short-term one for 1-2 years, medium-term (3-5 years), and long-term (more than five years).

Shytoshi Kusama stressed that investing in the S.H.I.B. project presents a “transformative opportunity for the United States.”

He also added as a conclusion: “This proposal represents a strategic investment in the nation’s future, promising substantial returns in economic growth, technological leadership, and societal advancement. With the President’s support, we can embark on this transformative journey, ensuring prosperity and security for generations to come.”



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *