People often use the term “time machine model” in Japan. It refers to the lag with Silicon Valley when it comes to startups and innovation. When a time machine model gains momentum locally, usually it means war. The most notable recent example of this is the war of the news apps. Now there is a similar war brewing in Japan; this time it is for mobile P2P payments. Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/06/27/theres-a-war-brewing-in-japan-and-the-banks-should-pay-attention/?ncid=rss

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