NTT Docomo, Japan’s largest mobile phone operator, has partnered information technology firm Accenture and blockchain infrastructure Astar Network to explore Web 3.0 adoption.
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Fast facts
- NTT Docomo, partially owned by the Japanese government, said on Tuesday in a statement that it will work to develop a technology platform to provide Web 3.0 products.
- Web 3.0 generally refers to the construction of a decentralized internet typically built around blockchains, the underlying technology of cryptocurrencies.
- NTT Docomo will offer training courses to nurture Web 3.0 talent, including engineers and business leaders.
- NTT Docomo will invest as much as 600 billion yen (US$4.1 billion) in developing Web 3.0 infrastructure and services, with plans to establish a dedicated Web 3.0 company in fiscal year 2023, the Nikkei Asia reported on Tuesday.
- In October, NTT Docomo reached a partnership with Polkadot-based blockchain infrastructure Astar Network to promote Web 3.0.
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