Astar Network and Shibuya Collaborate To Promote Tokyo Ward’s Web3 Strategy

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Jeff Horseman
Jeff Horseman
Jeff Horseman got into journalism because he liked to write and stunk at math. He grew up in Vermont and he honed his interviewing skills as a supermarket cashier by asking Bernie Sanders “Paper or plastic?” After graduating from Syracuse University in 1999, Jeff began his journalistic odyssey at The Watertown Daily Times in upstate New York, where he impressed then-U.S. Senate candidate Hillary Clinton so much she called him “John” at the end of an interview. From there, he went to Annapolis, Maryland, where he covered city, county and state government at The Capital newspaper. Today, Jeff writes about anything and everything. Along the way, Jeff has covered wildfires, a tropical storm, 9/11 and the Dec. 2 terror attack in San Bernardino. If you have a question or story idea about politics or the inner workings of government, please let Jeff know. He’ll do his best to answer, even if it involves a little math.

Shibuya, a ward of Tokyo known for its commercial and financial activity, has collaborated with Astar Network, a blockchain innovation hub. As part of the pact, Astar will help promote Shibuya’s new web3 program and hold events in its favor.

This collaboration between a Japanese blockchain, Astar Network and one of Tokyo’s most populous and bustling neighborhoods, Shibuya, is the first of its type.

Astar will play a pivotal part in Shibuya’s Startup Support initiatives, and will also organize related events including web3-focused hackathons and educational workshops.

Shibuya ward is located in the heart of Tokyo and is home to two of the busiest train stations in the world in addition to one of Japan’s most prestigious fashion areas. There are several prominent corporate offices in Shibuya, Japan, including Google. Startale Labs, the web3 technology business created by Astar Foundation CEO Sota Watanabe, will also be based there.

Sota Watanabe said: “Shibuya is the largest city for young people in Japan and the city of startups. It’s known as Japan’s Silicon Valley, or “Bit Valley,” derived from a place in Shibuya(渋谷), combining Bitter (渋) and Valley (谷). We’re honored to have opened our office in this tech hub and to have signed a basic agreement with the city to utilize web3.”

Astar Network’s efforts to hasten the development of web3 in its home country of Japan via the formation of strategic alliances are having a significant impact. Case studies addressing economic difficulties with web3 have been developed at the blockchain innovation hub. As a result, it is opening up new doors for developers and business leaders to become involved in this booming industry and lowering barriers to entry for the general public.

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