Mon, November 25

Fukuoka City of Japan, Joins Forces with Astar Japan Lab For Web3 Expansion

Fukuoka City of Japan, Joins Forces with Astar Japan Lab For Web3 Expansion Blockchain News

To help it realize its vision of becoming Japan’s Web3 hub, Fukuoka, Japan’s second-largest port city and a National Special Strategic Zone, has partnered with Astar Japan Lab to develop local Web3 use cases. On October 13 during the “Myojo Waraku 2022” conference in Fukuoka, the partnership was revealed by Astar Network founder Sota Watanabe and Fukuoka Mayor Soichior Takashima.

The Astar Japan Lab is a project of the Astar Network, the leading blockchain in Japan. Its goal is to create novel applications built on the Astar platform. Microsoft Japan, Amazon Japan, Dentsu, Hakuhodo, MUFG, SoftBank, Accenture Japan, and PwC Japan are just a few of the 45+ organizations that have signed on to this initiative.

The CEO and creator of Astar Network, Sota Watanabe stated:

“We are excited to invite Fukuoka City to Astar Japan Lab. In the US, some cities like Maimi and New York have positive attitudes toward Web3 and crypto. We are going to work closely with Fukuoka City to attract more developers and more entrepreneurs on Astar Network. In addition, Fukuoka is also known as the national special strategic zone. We plan to work closely with the government and utilize Web3 use cases from Fukuoka to the entire Japan.”

As part of its long-term plan to foster and recruit internationally competitive firms and become the Web3 hub of Japan, Fukuoka City has formed this collaboration. Using the resources of Astar Japan Lab, Astar executives will make frequent trips to Fukuoka to educate local company owners and uncover fresh opportunities for international growth. Fukuoka City is rapidly becoming the Silicon Valley of Japan as a result of the local government’s efforts to encourage innovation and entrepreneurship.

Fukuoka City Mayor Soichior Takashima stated:

“We have to do in the context of Web3 what large companies did for the world when Japan was strong. We believe it is important to move forward together with the government, Fukuoka City, and companies that represent Japan.”

To hasten the spread of Web3, the Astar Japan Lab was set up to facilitate “collaboration between domestic businesses and Web3 service providers.” Fukuoka, as one of Japan’s four Global Startup cities, will promote cooperation between local residents, business owners, and developers by connecting them with the Astar Network along with its community and ambassadors.

When it comes to blockchain technology, Astar Network is the platform of choice for Japanese startups and corporations, as well as multinational ventures looking to get into the Japanese market. The Japanese Blockchain Association has recognized it as the most popular blockchain in the nation after a poll.

An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.