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Business

Japan's 'My Number' system offers IT boon, and risk

TOKYO -- Japan's information technology industry is abuzz with talk of national identification numbers as the country is set to implement them in January 2016.

     In October, municipalities will issue every registered resident a 12-digit ID number. Dubbed "My Number," it will be used to track taxation and government benefits. Beginning in January 2018, names and addresses will be linked to private information such as stockholdings and deposit data.

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