Donald Trump & Japanese Blockchain Researcher SoftBank Reach Deal on $50 Billion US Investment & 50,000 Jobs

Donald Trump & Japanese Blockchain Researcher SoftBank Reach Deal on $50 Billion US Investment & 50,000 Jobs




Donald J Trump tweeted Tuesday that SoftBank of Japan agreed to invest $50 billion in the US towards businesses and 50,000 new jobs. The tweet comes on the even of Pearl Harbor, a scar on the memory of both nations. In announcing the deal, Mr. Trump makes good on a campaign promise to improve international relations. 

 

SoftBank, the 62nd largest company in the world, holds shares in Alibaba Group (37%), Sprint Corporation (80%), and Yahoo! Japan (35%).

“Masa (SoftBank) of Japan has agreed to invest $50 billion in the U.S toward businesses and 50,000 new jobs,” Trump tweeted. He is referring to SoftBank CEO Masayoshi Son, and so on a first name basis.  

He added: “He would never do this had we (Trump) not won the election.” 

SoftBank announced in January 2016 a decentralized fundraising platform, reported NewsBTC.

SoftBank is a Japanese multinational telecommunications and Internet corporation, with operations in broadband, e-commerce, Internet,technology services, and other businesses.

The telecommunications behemoth co-launched a decentralized blockchain development contest for entrepreneurs with Topcoder, which hosts crowdsourced computer programming competitions.

SoftBank’s interest in a blockchain-based distributed ledger extends to this day, with the ongoing SoftBank “Blockchain” Based Donation Service Responsive Website Design Challenge for which there are currently 53 registrants.

Japan and the US have both been very active hot spots for Bitcoin. In Japan, CEO of Mt. Gox, the beleagured Bitcoin exchange, ran what turned into be a major bankruptcy of bitcoin’s main trading hub. The US is responsible for most the trading, and modern day Bitcoin exchange leader, Coinbase. 

Mr Trump made headlines when he hired technologist Peter Thiel, who has overseen investments into the Bitcoin space, to be part of his transition team.  Last week, he outlined how there would be a tax on businesses who produced oversees to ship back to the US. 

12 Comments on "Donald Trump & Japanese Blockchain Researcher SoftBank Reach Deal on $50 Billion US Investment & 50,000 Jobs"

    Hello there,

    My name is Aly and I would like to know if you would have any interest to have your website here at goldsilverbitcoin.com promoted as a resource on our blog alychidesign.com ?

    We are in the midst of updating our broken link resources to include current and up to date resources for our readers. Our resource links are manually approved allowing us to mark a link as a do-follow link as well
    .
    If you may be interested please in being included as a resource on our blog, please let me know.

    Thanks,
    Aly

    You could certainly see your expertise within the
    work you write. The world hopes for even more passionate writers such as
    you who are not afraid to say how they believe. At all times follow your heart.

    Hmm it seems like your site ate my first comment (it was super long) so I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog.

    I as well am an aspiring blog writer but I’m still new to
    everything. Do you have any tips and hints for newbie blog
    writers? I’d genuinely appreciate it.

    Pretty great post. I just stumbled upon your weblog and wished to mention that I’ve truly enjoyed browsing your blog posts.
    In any case I’ll be subscribing to your feed and I am hoping you
    write again very soon!

    With havin so much written content do you ever run into any issues of
    plagorism or copyright violation? My blog has a lot of unique content I’ve either written myself or outsourced but it looks like
    a lot of it is popping it up all over the internet without my authorization. Do
    you know any methods to help reduce content from being stolen? I’d definitely appreciate it.

    Wow that was odd. I just wrote an extremely long comment but after I clicked submit my comment
    didn’t appear. Grrrr… well I’m not writing all that over
    again. Anyways, just wanted to say wonderful blog!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.