At the WebX 2025 conference in Tokyo, the challenges and prospects of integrating blockchain payments into everyday life were discussed. Representatives from Trust Wallet, Japan Smart Chain, and UPCX presented their views on the situation.
Payments Take Center Stage
At WebX 2025 in Tokyo, the focus was on payments. Industry leaders stated that three key issues must be addressed to integrate blockchain payments into daily life: self-custody, transaction costs, and cross-chain interoperability.
Trust Wallet's Challenges and User Experience Importance
Trust Wallet CEO Aoyin Chen reported that the service has reached 200 million downloads and 15 million monthly active users. However, he emphasized that the main challenge lies not in growth, but in user experience. 'We want users to make payments without knowing they are using blockchain,' he noted. This perspective sparked discussion among conference attendees.
Future of the Market: Innovations and New Business Models
According to UPCX's Russell Kummer, true innovation lies in addressing user pain points and creating user-friendly applications. He highlighted that the future hinges on new business models, such as smart-contract subscriptions and AI-driven personal finance. These solutions can significantly exceed existing approaches.
The session at WebX 2025 clearly outlined a timeline: if the industry can overcome issues related to user experience, compliance, and interoperability, then robust blockchain payments could emerge in the daily lives of Japanese users.
