Both Hiroto Taguchi and Ryo Murayama have had experiences as innovators in their roles at Tokyo Gas. Through the many possibilities of blockchain technology, the duo was inspired to create new offerings to better workplace processes.
Creating your own Recipes
Since his university days, Hiroto Taguchi has followed numerous forms of “recipes” that took him from the science laboratory to the kitchen. With his wife, he often explored cooking new foods like chicken curry, lamb dumplings and porridge. It was an activity that both he and his wife loved.
Having followed the recipes that others have written over the years, Taguchi-sanwanted to go beyond his usual practices, to take on the role as the creator of recipes. The opportunity came when he was encouraged to represent his company at DBIC (Digital Business Innovation Center), as a member of the Singapore innovation accelerator program. He was inspired to create new businesses with new technology. As he shares, blockchain was often known for its applications in cryptocurrency in Japan. However, undiscovered by businesses are the many different forms of applications that would facilitate new services and business models. This was less known due to the limited knowledge of the topic amongst Japanese businessmen.
As the population ages, the Japanese market and energy industry shrinks. Taguchi-sanshares that what his company can do is to tap onto the potential of the blockchain technology to provide customers with new forms of offerings. His greatest takeaway from the innovation culture in Singapore would be to “try anyways”, a philosophy that he has put into action with his project to improve the energy trading process through the DBIC Program.
Creating New Systems
Ryo Murayama’s interest in blockchain was seeded from his interest in Information Technology. From the young age of 12, Murayama-san grew his interest with lessons from college students. Back then, he saw the potential of technology in automating boring tasks at the workplace. Through Tokyo Gas today, he is supported in his endeavour to go through the cycle of creating new setup servers, automating and trying new technology. Even till date, his team works on creating a shift in existing systems, such as the movement from data centres to cloud services.
As he shares, it will take a long time before Japan can get to automated workplace processes. There is a gap in Japan’s pace in view of the world’s revolutionising speed of change. Despite so, Murayama-san shares that this would be a good trigger to remind businesses of the need to change their mindsets. Through conversations with academics, Murayama-san deepened his interest in blockchain, sharing that “blockchain has potential that common business processes can leverage on”. His aim at the end of the DBIC Singapore program would be to return to Japan and proliferate stronger understanding towards the numerous contextual applications of blockchain technology.
In his exposures to the innovation culture in Singapore, he shares of the power of the collaborative effort between the government, businesses and academics. Sharing similar sentiments with Taguchi-san, Murayama-san shares that buzzwords are simply “keywords to research in Japan” in contrast to an “opportunity for integration” in Singapore. He aims to position Tokyo Gas as a key player in the integration of blockchain, a new “buzzword” amongst Japanese businesses.
As innovators in the business environment, having a constant drive to undergo the difficult trials and tribulations is key to uncovering new and better ways to accomplish tasks. Just as Joseph P. Kennedy Sr. advocates, when the going gets tough, the tough gets going.
This post was written by Narcissa Koh, Content Strategist of DBIC.