NTT Docomo Partners With Astar Network To Accelerate Web3 Adoption

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NTT Docomo has announced a strategic partnership with Astar Network in a bid to boost web3 adoption in Japan.

NTT Docomo, Japan’s largest mobile operator with $4B annual revenue, and Astar Network, have announced a partnership. In a press release shared with Cryptowisser, the team said the partnership is designed to accelerate the adoption and social implementation of Web3.

NTT believes that Web3 is a user-centric internet model powered by blockchain technology that prioritizes decentralization, privacy, and trust minimization. Web3 has the potential to make the web a safer and fairer place, but there is a high technical barrier to widespread adoption. Making it easier for individuals and businesses to integrate Web3 into their workflow is imperative if its benefits are to be fully realized.

To add to the growth of web3 in Japan, Astar Network and NTT Docomo will work together to foster initiatives that address technological, social, and organizational challenges.

Per the terms of the partnership, a consortium will be established that gives individuals and corporations the ability to utilize tokens for governance, a cornerstone of Web3, which supports democratic decision-making.

Furthermore, the two companies have specifically agreed to collaborate on three fundamentals. These are;

  • Sustainable development goals: Creating case studies for solving economic and environmental issues using web3.
  • Elimination of technology gaps and insecurity: Removing barriers to broader Web3 adoption through education.
  • Nurturing Web3 talent: Providing opportunities for engineers and business leaders to learn and gain practical web3 experience.

While commenting on this latest partnership, Astar Network CEO Sota Watanabe said: 

“Web3 and related technologies are about to cross the chasm and are on the verge of mass adoption. In this context, more robust cases with excellent user experience on an infrastructure that is accessible to everyone is essential. It is about making a society where more people can truly enjoy the benefits of Web3, not just engineers. Collaborating with NTT Docomo, a company that has created case studies that have been used by tens of millions of people, we will further spread Web3.”

The Japanese government has embraced web3 and recognizes its importance in today’s world and the future. For this reason, a third of the stock of NTT Docomo’s parent company, NTT, is owned by the Japanese government. Countries that are receptive to Web3 and its broad applications will be well-positioned to benefit as the technology transforms the way the world lives and works, NTT added. 

NTT DOCOMO, Japan's leading mobile operator with over 84 million subscriptions, is one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies.

Meanwhile, Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM).

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.