Japanese company launches traffic experiment project in Hokkaido, allowing regional virtual currency to pay for travel expenses

According to the Nikkei News, on August 27th, the Japanese information system development company INDETAIL and TIS announced an empirical experiment on regional transportation in Hosoda-machi, Hokkaido. The experiment, called ISOU, aims to replace taxis with electric vehicles to build convenient mobile facilities in underdeveloped areas where public transport is lacking. It is reported that the expenses incurred will be paid through the blockchain-based regional virtual currency "ISOU Coin".