Japanese Prime Minister to Speak at WebX Conference, Supporting Web3 Development

• Prime Minister Kishida to keynote WebX, showcasing Japan’s support for Web3 development and innovation.
• WebX, Asia’s largest Web3 conference, expects to surpass 2023’s 16,500 visitors, 290 speakers, and 372 participating companies.
• WebX aims to tackle Japan’s economic challenges by promoting global Web3 collaboration and digital transformation.

Japanese Prime Minister Fumio Kishida is set to deliver a keynote address at the WebX conference, showcasing Japan’s commitment to advancing the Web3 industry. The event, organized by CoinPost Inc., will be held on August 28-29, 2024, at The Prince Park Tower Tokyo. This conference aims to bring together innovative technology projects, companies, entrepreneurs, investors, and developers from across the globe, with a focus on Web3.

Largest Web3 Conference in Asia

WebX is recognized as the largest Web3 conference in Asia. The 2023 edition held at Tokyo International Forum was a success, with the participation of approximately 16,500 visitors over three days from around Japan and from various industries.A total number of about 290 speakers and about 372 participating companies. This year, the conference is expected to attract numbers even higher than last year highlighting increasing enthusiasm and spend in the Web3 sector. 

Comprising more than two dozen discussions with key projects and founders in the Web3 space, this is a fantastic forum that will provide attendees deep insights as well networking time over 2 days. With this, Japanese participants can absorb the event information in full through interpretation. Besides the main show, there will be an array of workshops and side events to a grand scale exhibition by some major blockchain development teams as well as companies showcasing their project.

Addressing Economic Challenges

Prime Minister Kishida’s participation shows the Japanese government’s support for Web3 as a potential solution to the country’s economic challenges. Japan’s declining economic power and competitiveness have been long-standing issues. However, the Web3 industry, with its strong international reach, offers a promising avenue for digital transformation across various sectors. This includes Japan’s renowned content industry, such as anime, manga, and games, which can leverage Web3 for global expansion.

Promoting Innovation and Business Creation

Japan is making significant efforts to foster innovation and business creation within the Web3 space. However, there is a need to accelerate these efforts by developing use cases and promoting globalization. Many Japanese businesses face challenges, such as a lack of knowledge and resources to advance Web3 initiatives. The WebX conference aims to address these gaps by providing a platform for international exchange, information sharing, and networking.

Supporting Government Reforms

CoinPost Inc. believes that establishing an international conference is crucial for the growth of Japan’s blockchain industry within the Asian market. The WebX conference is expected to support the Japanese government’s Web3 reforms and serve as a bridge between global industries and Japan’s existing sectors through Web3 technologies. This event highlights Japan’s commitment to embracing new technologies and fostering a forward-looking digital economy.