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Japanese Prime Minister: Web3 is part of a new form of capitalism
2023-07-25 03:46
Odaily News: Japanese Prime Minister Fumio Kishida delivered a video speech at "WebX," the largest global conference in Asia organized and operated by CoinPost Inc. When discussing the Japanese government's "New Capitalism," he stated that Web3 is a part of the new capitalism, emphasizing the importance of "addressing social issues as an engine for growth." Web3 has the potential to change the traditional framework of the internet, triggering social transformation. The government is making efforts to improve the environment for promoting Web3. Prime Minister Kishida strongly hopes that major Japanese companies can announce a large-scale project in creating a valuable economic zone in the metaverse space to the world at this conference. He also expects the Web3 industry to regain attention and vitality, giving birth to various new projects. (coinpost)