• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Japan’s Prime Minister Views Web3 as Essential for Societal Challenges

user avatar

by Giorgi Kostiuk

a year ago

  1. The Role of Web3 in Addressing Societal Issues
  2. Changes in the Private Sector
  3. Future Government Measures


    4. Japan’s Prime Minister Fumio Kishida emphasized the importance of Web3 and blockchain technology in addressing societal challenges during the WebX 2024 conference.

    The Role of Web3 in Addressing Societal Issues

    During his video address at the opening ceremony of WebX 2024, hosted by Japanese Web3 media firm CoinPost, Fumio Kishida stated that Web3 and blockchain technologies are essential in addressing Japan’s social issues. He highlighted that addressing social issues would spur economic growth.

    Changes in the Private Sector

    The Prime Minister praised the dynamic changes in the private sector, including significant corporate transformations over the past year. He expressed his hope that innovations aimed at addressing social issues would continue to emerge.

    the government should implement concrete measures, such as tax and legal reforms, to facilitate fundraising for Web3 startups.None

    Future Government Measures

    Fumio Kishida promised that future government policies would aim to support Web3 tokens, streamline payment processes, and revitalize the content industry. He emphasized the importance of the WebX conference in attracting industry leaders to Japan and promoting collaboration. Recently, Japan updated its regulatory framework, allowing venture capital firms to invest directly in Web3 projects.

    Japan’s Prime Minister Fumio Kishida views Web3 as a new form of capitalism that can spur economic growth and address critical social challenges. His statement underscores the significance of these technologies for the country’s future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Crypto Regulatory Landscape Under Discussion

chest

During a recent interview, Binance CEO Richard Teng emphasized the importance of regulatory clarity for the US crypto market, stating that any regulation would be better than none.

user avatarKofi Adjeman

BinanceUS Plans Expansion in the US Market

chest

BinanceUS is exploring expansion in the US to enhance product offerings for American customers.

user avatarNguyen Van Long

Binance Sees Massive Inflow of XRP Amid Market Dynamics

chest

Binance absorbed a massive inflow of over 31 million XRP in a single day, raising questions about potential short-term supply dynamics.

user avatarSatoshi Nakamura

Crypto Market Experiences Sharp Decline Amid Geopolitical and Economic Concerns

chest

The cryptocurrency market faced a significant downturn, with Bitcoin dropping below $65,000 as traders reacted to US trade policy changes and geopolitical tensions.

user avatarJesper Sørensen

Dogecoin Hits 1,100 Days at a Profit, Signaling Potential Market Shift

chest

Dogecoin has surpassed 1,100 days at a profit, indicating a potential market shift.

user avatarRajesh Kumar

Bitcoin Open Interest Plummets Amid Market Turmoil

chest

Bitcoin's Open Interest has dropped significantly following recent market volatility, reflecting a mix of liquidations and reduced risk appetite among investors.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.