Astar Network’s CEO Mr.Watanabe, Joi Ito, and Representative Taira had an in-depth discussion on the national strategy for Web3 at WebX Conference Tokyo on July 26, 2023. This is a big step forward for the development of this exciting new technology, and it’s sure to have a major impact on the future of the internet. NFTStudio24 reports.
“Japan’s Web 3 National Strategy, Thorough Discussion on the Way to Go in the Next 5 Years”
@TAIRAMASAAKI Mr. Miss, @Joi
I had a chance to talk with Mr. Thank you very much for coming to the overcrowded. We will do our best to become a project or company that represents Asia at least within five years.”
Sota Watanabe founder and CEO of ASTAR Network tweeted.
The panel discussion was focused on how Japan can leverage Web3 technology to promote innovation, improve security, and enhance user privacy.
The experts discussed a wide range of topics, including the role of government in promoting Web3, the importance of collaboration between different stakeholders, and the potential use cases for Web3 in various industries.
How ASTAR Network is leading the Web3 sector in Japan
This is a significant development for the Web3 community, as it shows that governments are starting to take this technology seriously and are exploring ways to support its development.
Incorporating it heavily into its national policy, the Japanese government has recognised the potential of the crypto and Web3 industries.
The government released a white paper in September 2022 that discussed integrating future-proof technology like blockchain and CBDCs into its current legal and technological frameworks.
This innovative strategy fits with Japan’s goal of dominating the Web3 market and participating in international competition.
International cooperation has become crucial as Japan sets out on its mission to become a world leader in the Web3 sector. Strategic alliances with foreign organizations are essential for Japan to reclaim its economic might and guarantee ongoing success.
Astar Network’s partnership with the Japanese government and commitment to international cooperation place it in a unique position to be a change-making catalyst by bridging the knowledge gap and fostering innovation.