Topic: Japan reaffirm Web3 plans - page 2. (Read 241 times)
Japan seems to be aware that the development of Web3 is needed at this time to be able to advance the internet and technology industry in the country. Because we know that the presence of Web3 will advance the internet field and create an innovation which will make Japan a sophisticated country in this industry. Hopefully Japan's plan to be able to develop their Web3 industry will be welcomed by internet users there and it will trigger even more massive Web3 development globally.
If their intent is to compete with China in the economic factor then it is a good move from Japan. Technology and the web are two sectors that heavily influences the rise of a nation and just how innovative it can get. If Japan is able to execute this properly, much like what they did with accepting Bitcoin as proper payment, then perhaps other countries that are watching Japan closely will do the same.
Hopefully, this will influence other nations to be more open-minded and embrace decentralized technology for a transparent and inclusive digital world.
I don't know about Japan but from where I came from, most politician use all those tech jargon only to get some vote. Web3.0, AI, etc. They say all those things without knowing anything about the tech, then initialize a dodgy project without clear vision about it, and end up wasting tax money to make useless product.
In a webX conference held in Tokyo, Japan, the PM, Fumio Kishida reaffirmed the country's desire to foster the Web3 industry, stating his plan to transform the internet and bring about social change.
In early April of 2023, Japan's ruling party's web3.0 project team published a white paper that highlighted the government's appetite to participate in the Web3 world.
Well it looks like Japan is more interested in embracing Web3 in the hopes to compete with China economically.
Also, Japan became the first country to recognize and accept Bitcoin as a legal mode of payment in 2017 and has created a friendly environment, making it one of the leaders in exploring the use cases of the Blockchain technology, so this could also help in moving
In light of this, Binance have offered to open up it's services to crypto users in Japan under the local exchange platform, Sakura Exchange Bitcoin which was acquired by the company in 2022.
Changpeng CZ Zhao praised Japan's innovation friendly approach to the sector, labelling the country as a leader in the Web3 regulatory environment.
This approach of the Japanese is quite a surprise, considering they are a nation who have had a frustratingly, over cautious step to financial development.
What do you guys make of this?
https://cointelegraph.com/news/binance-web3-japan-to-promote-web3-as-binance-announces-imminent-launch
In early April of 2023, Japan's ruling party's web3.0 project team published a white paper that highlighted the government's appetite to participate in the Web3 world.
Well it looks like Japan is more interested in embracing Web3 in the hopes to compete with China economically.
Also, Japan became the first country to recognize and accept Bitcoin as a legal mode of payment in 2017 and has created a friendly environment, making it one of the leaders in exploring the use cases of the Blockchain technology, so this could also help in moving
In light of this, Binance have offered to open up it's services to crypto users in Japan under the local exchange platform, Sakura Exchange Bitcoin which was acquired by the company in 2022.
Changpeng CZ Zhao praised Japan's innovation friendly approach to the sector, labelling the country as a leader in the Web3 regulatory environment.
This approach of the Japanese is quite a surprise, considering they are a nation who have had a frustratingly, over cautious step to financial development.
What do you guys make of this?
https://cointelegraph.com/news/binance-web3-japan-to-promote-web3-as-binance-announces-imminent-launch
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