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The Polkadot Para chain with featured smart contract multichain- Astar Network emerged the top-ranked product during the annual blockchain-based awards established by the Japan Blockchain Association (JBA). At the event, Astar founder and chief executive Sota Watanabe remained unstoppable, scooping the influential personality award for the second time.

Astar Big Win

A survey conducted by the top blockchain association Japan Blockchain Association (JBA) lauded Astar Network for emerging to be the first choice of the Web3 community.

JBA annual event is well-attended since JBA is made up of 171 local and multinational firms such as Toyota, Microsoft, and ConsenSys, alongside the top-ranked audit firms.

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The public recognition elated Astar CEO Sota Watanabe, who guaranteed the Web3 community Astar’s consistent commitment to advancing Web3 innovation.

Besides being renamed the Person of the year, Watanabe’s unwavering commitment to supporting the Japanese government as it integrates Web3 into its national strategy was witnessed during the event. Watanabe disclosed his plans for 2023 in increasing Astar Web3 space in Japan to create more opportunities that developers, users and entrepreneurs could exploit.

Watanabe’s speech while accepting the award expressed delight for the recognition of Astar input into the Japan’s Web3 ecosystem. Meanwhile, Watanabe’s popularity has grown after being ranked as the top entrepreneur in Japan and his portrait displayed in Forbes magazine. Outside Japan, Watanabe featured under the Forbes list of Asian individuals aged below 30.

Astar Future Plans for Japan Web3 Community

Astar Network, the leading Layer-1 chain, has demonstrated the zeal to improve Japan Web3 projects. Astar supports developers to launch interoperable dApps through the Para chain of Polkadot.

Astar provides cross-consensus messaging (XCM) and cross-virtual machine messaging (XVM) to assist in developing EVM contracts. Last month, Astar launched Swanky, a recent development with multiple tools to enable developers to generate WebAssembly (WASM) smart contracts more effortlessly.

At the moment, Astar emerges as the leading public blockchain to be listed despite strict listing sanctions in Japan. The company’s native token, ASTR, is registered as a crypto asset by the government of Japan and not as a security.

Editorial credit: Ira Lichi / Shutterstock.com

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Michael Scott

By Michael Scott

Michael Scott is a skilled and seasoned news writer with a talent for crafting compelling stories. He is known for his attention to detail, clarity of expression, and ability to engage his readers with his writing.