Mineyuki Fukuda, a member of Japan’s House of Representatives, has taken a novel approach to fund an overseas Bitcoin research tour. The Liberal Democratic Party (LDP) lawmaker and head of the central government’s IT Strategy Committee has launched a crowdfunding campaign that will send him to the US as a private citizen – without using taxpayer funds – to author a report on American Bitcoin businesses.
Crowdfunding is kinda hot right now in Asia, not in actual money pledged by consumers or the size of campaigns, but in terms of the number of companies riding the wave in the name of innovation. StarHub, Singapore’s second largest telco, has put its weight behind the movement. It announced Crowdtivate, which it calls the world’s first telco-backed crowdfunding platform.