Tron (TRX) blockchain technology has in a statement today disclosed that it will be partnering with the government of Japan as the country remains one of the world’s favorable regions for blockchain technology.
Tron, in a release tagged “the Promotion of TRON DApp in Japanese Market”, said it will be working hand in hand with the Japanese government to promote the sustainability of Tron DApp in the country’s market.
Tron network remains one of the world’s biggest blockchain-based decentralized application platforms and it is working fervently to stay formidable in the space as large number of developers build and advertise DApps on the network.
Tron foundation noted that in the area of research and development as well as promotion of the decentralized application, the team behind the technology will always comply with local laws governing a nation and regulations of the world.
However, a major reason for partnering the Japanese government. Tron (TRX) said its foundation will be up and doing in providing essential “support if any TRON DApps violate Japanese laws and regulations”. Therefore, developers will have to dance to the same tune in deploying DApp on the network.
Speaking further, Tron (TRX) made clarification on developing DApps that are linked with the Japanese market on the Tron network.
The foundation echoed the importance of complying with the Japanese regulations and policies, thus, it will not accept any gambling DApp for the Japanese market on its network.
While imploring the Japanese developers not to deploy any gambling DApp on its network, Tron also advised other developers working on gambling apps to block users with Japanese IP addresses. The foundation ended the statement by warning developers not to facilitate the use of gambling apps among Japanese users.
Gambling In Japan
Under the criminal code chapter 23, all gambling activities were been generally expelled in Japan with exceptions to betting on horse racing and certain motor sports. This has been in placed as far back as 1907.
Despite the stringent law on gambling, it was reported by the Japan Times that around 3.2 million Japanese are addicted to gambling.