Officials in Japan believe they have discovered a solution to make the roads of Japan a little safer: encourage the elderly to give up their licenses. As a part of a new safety initiative launched on Tuesday, Police and even local business are encouraging elderly motorist to hang up their keys for good.

According to Automotive News, about 30 businesses have joined the effort and will be offering the elderly cash incentives and discounts in exchange for handing in their licenses.

Some of the benefits include a delivery service from one department store chain, restaurant discounts and even a lower interest rate at a local bank.

Despite Japan's falling occurrence of traffic accidents -- which have actually declined 20 percent in the last six years -- accidents involving citizens over 70 have actually increased by 35 percent.