Japan’s largest mobile operator to establish Web3 consortium
Partially owned by the state, NTT Docomo aims to to accelerate the Web3 adoption in the Japan. NTT Docomo, Japan’s largest mobile operator with over $40 billion in annual revenue, partnered with multichain smart contract platform Astar Network to accelerate the Web3 implementation in the country. The joint effort will take the form of a consortium, which would give individuals and corporations the ability to utilize tokens for governance. According to a press release from Nov. 9, Astar Network and NTT Docomo have also specifically agreed to collaborate on three fundamentals. They will....
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Recognizing the potential for development of Blockchain technology in the country, Russian payment operator Qiwi is seeking to establish a consortium of banks similar to the New York-based R3. CoinTelegraph spoke to Konstantin Koltsov, Corporate Relations Director at Qiwi, to learn more about the initiative of the company, which believes “that in 5 years from now on we will have totally different types of payments because of Blockchain”. A hot topic. Digital currencies and Blockchain technology remain quite controversial topics in Russia, spurring heated debates among opponents and....
According to a report, Russian payment platform Qiwi will create a blockchain consortium which will see Russia’s biggest banks at its members. In a move reminiscent of the private banking blockchain consortium led by New York-based R3, Russian payment operator Qiwi is reportedly looking to create a consortium for banks in the country. Qiwi intends to develop standards for the application of distributed ledger technology among banks, according to a report from Russian publication Izvestia. The Russian startup has sent invitations to Russia’s biggest banks including BIN Bank, Alfa Bank, and....
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount.
MTN Seeks to ‘Amplify Consumers’ Digital Experiences’
South Africa’s mobile network operator, MTN, recently bought 144 plots of digital land in the Ubuntuland metaverse, a report has said. The purchase reportedly makes MTN one of the first companies from South Africa to enter the metaverse.
As the Mybroadband....
After many years of digital currency development, Japan’s largest bank, MUFG, has officially introduced its own stablecoin project. Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group, is working hard to take the lead in stablecoin development, launching a proprietary stablecoin project.On Wednesday, MUFG introduced its stablecoin platform called “Progmat Coin,” a blockchain-based system for issuing and managing stablecoins pegged on a 1:1 ratio to the Japanese yen.The platform aims to enable a “universal digital asset payment method,” providing cross-chain....
Japan’s largest Lightning Network community Diamond Hands is partnering with a top real estate firm in Tokyo for a joint-research project to further adoption.