Astar Network, the smart contract platform for multichain, has been awarded the Product of the Year at the 4th annual Blockchain Award by the Japan Blockchain Association (JBA). Astar Network’s founder and CEO Sota Watanabe bagged the Person of the Year award for the second consecutive year at the same event.
What is Astar Network?
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).
What is a parachain?
A parachain is a blockchain that runs alongside a main blockchain, also known as a “relay chain.” Parachains can interact with the relay chain and other parachains, allowing developers to build scalable and interoperable applications.
What is Polkadot?
Polkadot is a blockchain platform that allows developers to build and connect custom blockchains called parachains. It provides a secure and scalable foundation for dApps.
What are dApps?
dApps are decentralized applications that run on a blockchain or a peer-to-peer network. They are not controlled by a single entity and offer users greater privacy and security.
About Sota Watanabe
Sota Watanabe is the founder and CEO of Astar Network. He has been recognized by Forbes as one of the top entrepreneurs in Japan and one of the 30 Under 30 in both Asia and Japan.
Sota is helping the Japanese government develop its Web3 strategy. He is also an active member of the Japanese blockchain community and a regular speaker at industry events.
Why is Astar Network Important?
Astar Network is important because:
- It is the leading blockchain platform in Japan.
- It enables developers to build interoperable and scalable dApps.
- It is supported by all major exchanges and tier 1 VCs.
- It has a vibrant ecosystem of developers and users.
Astar Network is well-positioned to play a major role in the future of Web3 in Japan and around the world.
Additional Information
Contact:
Maarten Henskens
[email protected]
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