With an ambitious plan, Shiba Inu lead developer Shytoshi Kusama aims to make the United States the global epicenter of innovation. Through the Strategic Hub for Innovation in Blockchain (SHIBA), the computer scientist intends to show the way to the development of various technologies within the North American country.

In a recent blog post , the developer divides the plan into several key parts such as infrastructure development, economic incentives, and others. Thus, the plan is made up of 4 categories, apart from the two mentioned above (talent development, regulatory framework, sustainability and publicity, and global reach). On the other hand, Kusama states that SHIBA has three time phases: short, medium, and long term. The first two would be completed within a period of 5 years.

This Silicon Valley for the cryptocurrency sector represents a complete paradigm shift capable of modernizing entire industries, Kusama says.

He explains that blockchain is capable of generating the conditions for a complete revolution in numerous productive areas. The latter would be of great benefit to the US, a country whose industrial capacity is growing at a much slower pace than rivals such as China.

Shiba Inu developer bets on innovation through Blockchain

Although this proposal dates back to the day of the US election, the results of those elections give it great relevance. If this ambitious plan is adopted, it would lay the foundations for blockchain to revive all productive and knowledge sectors in the US. For example, the plan proposes large-scale collaborations between universities for the training of talents.

This would be the workforce that would put the infrastructure in motion in a specific city in the United States (Shib City). It is worth noting that the infrastructure plan (one of the 6 SHIBA plans) presupposes the injection of between $700 and $1.2 billion dollars, according to the computer scientist. This includes digital and physical infrastructure.

Meanwhile, talent development involves the injection of between $100 and $200 million dollars. Overall, this is a modest budget plan, considering the magnitude of the goals that have been set. To get an idea of a budget for high-expectation technological developments, the so-called Chip law stands out.

The latter involves investing $52.7 billion to promote semiconductor research and development. In particular, Intel alone expects to invest $100 billion in this chip area over the next 5 years.