Docomo Partners With Astar

Docomo partners with Astar to promote Web3. Based on the basic agreement, the two companies will launch a project to solve social issues utilizing the concept of the decentralized autonomous organization (DAO), which is one of the features of Web3. 

The two companies will work together to formulate solutions using Web3 technology to various issues facing modern society, such as regional development and addressing environmental problems.

Web3 is a next-generation web that utilizes blockchain technology and incorporates mechanisms such as “decentralization” and “token economy”. The expansion of Web3 is expected to solve issues and create economic blocs. That has been difficult to realize using conventional economic principles alone.

On the other hand, Web3 is still in its early stages of technological development, and issues such as lack of awareness, difficulty in understanding how to use it, and lack of a secure environment for its use are also becoming apparent. By combining DOCOMO’s knowledge with Astar Network’s technology and operational know-how, we aim to resolve these issues.

Astar Network supports dApps using multiple virtual machines — namely WASM and EVM — and offers the best technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.

ABOUT Astar Network

Astar Network is the #1 TVL Smart Contract Hub for WASM + EVM on Polkadot. Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem. Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub. Connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains.

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