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

11/05/2024 17:25
Shytoshi Kusama Publishes Groundbreaking S.H.I.B. Proposal for US Government

Shiba Inu lead reveals a concept of Strategic Hub for Innovation in Blockchain – S.H.I.B. for short

Shiba Inu lead reveals a concept of Strategic Hub for Innovation in Blockchain – S.H.I.B. for short

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

Cover image via U.Today

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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 on the vast potential of the 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.

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"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 the 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 “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.”

About the author

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Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

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