Astar Network named “Product of the Year” at the JBA Annual Blockchain Award

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Astar Network, the smart contract platform for multi-chain, received the Product of the Year award at the 4th Annual Blockchain Awards by the Japan Blockchain Association. Astar Network Founder and CEO Sota Watanabe won the Person of the Year award for the second consecutive year at the same event.

Japan’s first layer-1 chain

Astar Network and Sota Watanabe have become the favorites of the Japanese Web3 community in a survey conducted by the Japan Blockchain Association (JBA). The JBA is the largest blockchain association in Japan, made up of 171 companies, including bitFlyer, Coincheck, Microsoft, GMO, EY, Deloitte, PwC, KPMG, Toyota, and ConsenSys.

Sota Watanabe, Founder and CEO of Astar Network, said:

“We are delighted to have been recognized by the Japanese Web3 community. As the leading blockchain project in Japan, we remain committed to accelerating Web3 innovation through Astar. In 2023 and beyond, we will leverage our presence in Japan to create opportunities for entrepreneurs, developers and users. »

Astar Network is the first Layer 1 channel in Japan. As a parachain of Polkadot, it allows developers to build interoperable dApps. It supports EVM and WASM smart contracts with cross-consensus messaging (XCM) and messaging between virtual machines (XVM).

As the Japanese government has made Web3 part of its national strategy, Sota Watanabe is helping the government move forward. Sota was also featured in the Forbes 30 Under 30 for Asia and Japan. He was also chosen as one of the best entrepreneurs in Japan and is on the cover of the latest edition of Forbes Japan magazine.

Astar Network is the go-to blockchain for developers and enterprises wishing to explore the Japanese Web3 space. It is also the first public blockchain in 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.

Astar Network supports building dApps with EVM and WASM smart contracts and offers developers true interoperability, with Cross Consensus Messaging (XCM) and Cross Virtual Machine (XVM). We are made by developers for developers. Astar’s unique Build2Earn model allows developers to get paid through a dApp staking mechanism for the code they write and the dApps they create.

Astar’s vibrant ecosystem has become the world’s first Polkadot Parachain, backed by all major exchanges and Tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM tools for developers to start building their dApps .

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