Astar Network has been selected as Product of the Year at the JBA Annual Blockchain Award.
Astar Network’s founder has won the ‘Person of the Year’ award for the second year in a row.
JBA is made up of several companies representing Japan.
Astar Network is Product of the Year
Astar Network, a multi-chain smart contract platform, announced on Friday, December 23rd that it won Product of the Year at the 4th Blockchain Awards hosted by the Japan Blockchain Association (JBA).
In a press release shared with Coinjournal, Astar Network added that its founder and CEO Sota Watanabe also won the Person of the Year award for the second year in a row at the same event.
JBA is currently the largest blockchain association in Japan and is made up of major global companies such as bitFlyer, Coincheck, Microsoft, GMO, EY, Deloitte, PwC, KPMG, Toyota, ConsenSys.
While commenting on this latest cryptocurrency newsSota Watanabe, Founder and CEO of Astar Network, said:
“We are delighted to be recognized by the Japanese Web3 community. As Japan’s leading blockchain project, we continue to work to accelerate Web3 innovation through Astar. We will leverage it to provide similar opportunities for entrepreneurs, developers and users.”
Astar Network’s win comes as no surprise
Astar Network has proven to be one of the leading blockchain projects in Japan. It is a layer 1 chain that represents Japan. As a parachain of Polkadot, developers can build interoperable dApps. Supports both EVM and WASM smart contracts using cross-consensus messaging (XCM) and cross-virtual machine messaging (XVM).
This latest development Astar Network launches Swankyis an all-in-one tool that provides developers with what they need to easily build WebAssembly (WASM) smart contracts.
Astar Network’s CEO is helping the Japanese government chart a course forward for web3 development in the country. He is also featured in his Forbes 30 Under 30 for both Asia and Japan.
Astar Network has become the go-to blockchain for developers and businesses interested in exploring the Web3 space in Japan. Furthermore, it is the first public blockchain to be listed in Japan, despite Japan’s strict listing regulations.
In addition, Astar’s native token, ASTR, is registered by the Japanese government as a cryptocurrency, not a security.