Astar Network Named ‘Product of the Year’ At the JBA Annual Blockchain Award
Tokyo, Japan, 23rd December, 2022, Chainwire
Astar NetworkAt the Japan Blockchain Association’s 4th Annual Blockchain Award,, the smart-contract platform for multichains, was named Product of The Year. Astar Network’s founder and CEO Sota Watanabe bagged the Person of the Year award for the second consecutive year at the same event.
Astar Network was voted as the favorite by Japanese Web3 users in a survey carried out by Japan Blockchain Association (JBA). JBA, which includes 171 companies, including bitFlyer and Coincheck, Microsoft, GMOs, Deloitte (PwC), KPMG, Toyota and ConsenSys, is Japan’s largest blockchain association.
Sota Watanabe, the founder and CEO of Astar Network, said, “We are honored to be recognized by the Japanese Web3 community. As Japan’s leading blockchain project, we remain committed to accelerating Web3 innovation through Astar. In 2023 and beyond, we will leverage our presence in Japan to unlock opportunities for entrepreneurs, developers, and users alike.”
Astar Network Japan’s top Layer-1 chain is Astar Network. It is a parachain to Polkadot that allows developers to create interoperable dApps. It supports both EVM smart contracts and WASM smart contract with cross-consensus message (XCM), and cross-virtual messaging (XVM).
Sota Watanabe has been helping the Japanese government to make Web3 an integral part of their national strategy. Sota was also featured in the Forbes 30 Under 30 list for Japan and Asia. Sota has been named one of Japan’s top entrepreneurs, and appears on the cover for the Forbes Japan magazine.
Astar Network is the preferred blockchain for developers and businesses interested in the Japanese Web3 space. It’s also the first public blockchain from the country to be listed there despite Japan’s strict listing regulations. Astar’s native token ASTR is registered as a cryptocurrency, not a security, by the Japanese government.
About Astar Network
Astar Network supports the creation of dApps using EVM and WASM smart contract and offers developers true interoperability with cross-consensus message (XCM), and cross-virtual machines (XVM). We are built by developers, for developers. Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build.
Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, supported by all major exchanges and tier 1 VCs. Astar provides developers with the flexibility to use all Ethereum and WASM technology in order to begin building their dApps.