Japan Mobile-Phone Operator NTT Docomo to Invest $4B Into Web3
NTT Docomo, Japan's largest mobile-phone network, pledged to invest up to 600 billion yen (US$4 billion) into Web3 infrastructure. The company will collaborate with Astar Foundation, the developer of the public blockchain Astar Network, and Accenture to speed up Web3 adoption, according to a statement provided to CoinDesk. They will set up a consortium that allows individuals and corporations to utilize tokens for governance. “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,” Astar Network founder Sota Watanabe said in the statement.
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