Masaaki Taira Advocates Japan's Leadership in Web3 and Blockchain Technologies

Masaaki Taira, a politician in the ruling Liberal Democratic Party and the chairman of its Web 3.0 project team, claimed that Japan has already seen the future, and that future is blockchain on Thursday at the NexTech Week trade expo in Tokyo.



Taira, a vocal supporter of cryptocurrencies, used his talk on national plans for emerging technologies to highlight Japan's strengths in Web3, or the idea of a new Internet based on decentralized blockchain technologies, the metaverse, and non-fungible tokens (NFTs).



Related:Discover how to create NFT in just 6 easiest steps!



“While other jurisdictions attempt to regulate a space that is not yet fully understood, Japan already has a relatively good grasp of what it is that we’re trying to promote,” Taira said, adding that global technology companies are taking note.



Prime Minister Fum
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