Astar Network named ‘Product of the Year’ at the JBA Annual Blockchain Award

by Arthur · December 23, 2022

Tokyo, Japan, December 23, 2022, Chainwire

Astar network, the multichain smart contract platform, has been awarded Product of the Year at the 4th Annual Blockchain Award by the Japan Blockchain Association. Astar Network’s founder and CEO Sota Watanabe won the Person of the Year award for the second consecutive year at the same event.

Both Astar Network and Sota Watanabe emerged as 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, consisting 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 pleased to have been 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 open up opportunities for entrepreneurs, developers and users alike.”

Astar Network is the leading Layer-1 chain in Japan. As a parachain of Polkadot, it enables developers to build interoperable dApps. It supports both EVM and WASM smart contracts with cross-consensus messaging (XCM) and cross-virtual machine messaging (XVM).

As the Japanese government has made Web3 part of its national strategy, Sota Watanabe is helping the government on its way forward. Sota has also been featured in Forbes 30 Under 30 for both Asia and Japan. He has also been selected as one of the best entrepreneurs in Japan, and graces the cover of the latest issue of Forbes Japan magazine.

Astar Network is the blockchain of choice for developers and businesses interested in exploring the Japanese Web3 space. It is also the first public blockchain from the country to be listed there despite Japan’s strict listing regulations. Astar’s original token ASTR is registered as a cryptocurrency, not a security, by the Japanese government.

About Astar Network

Astar Network supports the building of 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 and 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 build.

Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, 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.