Japan PM Highlights Web3, Blockchain as Solutions to Social Issues.

PM Fumio Kishida also said that the government will prioritize Web3 token adoption, streamlined payments, and content industry revitalization in its future policies.

Japan’s Prime Minister Fumio Kishida declared on Wednesday that Web3 and blockchain technology are fundamental in addressing the country’s societal issues.

He delivered this message through a video address during the opening ceremony at WebX 2024, an event hosted by Japanese Web3 media firm CoinPost, at The Prince Park Tower in Tokyo.

Kishida, who will step down as PM in September, discussed Web3’s role in the context of his government’s “New Capitalism” policy, stressing that solving social issues will drive economic growth.

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