Japan’s largest mobile operator to establish Web3 consortium
Cointelegraph
Published Nov 08, 2022 04:00AM ET
Updated Nov 08, 2022 05:40AM ET
NTT Docomo (OTC:DCMYY), Japan’s largest mobile operator with over $40 billion in annual revenue, partnered with multichain smart contract platform Astar Network to accelerate the Web3 implementation in the country. The joint effort will take the form of a consortium, which would give individuals and corporations the ability to utilize tokens for governance.
According to a press release from Nov. 9, Astar Network and NTT Docomo have also specifically agreed to collaborate on three fundamentals. They will pursue sustainable development by researching case studies for environmental issues in Web3, try to eliminate technology gaps on the road to wider Web3 adoption by educating people and provide opportunities for engineers and business leaders to learn and gain practical experience.
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Written By: Cointelegraph
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