Japan Aims Web3 to Boost Domestic Economic Growth, What’s the Strategy?

Jakarta, Pintu News – The Japanese government has identified Web3 as a key driver for domestic economic growth.

With a focus on utilizing digital assets and the latest technology, Japan is attempting to overcome several structural challenges such as population decline and slowing economic growth.

This initiative is expected to spur innovation and support the development of local startups and the regional economy. Check out the full information in this article!

Web3 and Local Startups

The Japanese Prime Minister emphasized the potential of the Web3 industry in supporting local economic growth. Through the application of this technology, local startups get the opportunity to grow by utilizing digital assets.

Projects such as the “Regional Coin Project” in Shimane Prefecture are a clear example, where digital currency is used as an incentive for those who contribute to the resolution of local problems.

In addition, Web3 technologies not only strengthen startups, but also open up new opportunities to create jobs and improve people’s quality of life. With better digital infrastructure, regions in Japan can develop faster, reducing economic inequality between regions.

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Web3 Influence on Digital Infrastructure

At major events such as the Osaka-Kansai Expo, the implementation of Web3 is a testament to Japan’s commitment to improving its digital infrastructure. This event not only showcases the latest innovations, but also promotes the use of digital technology in various aspects of daily life.

This is expected to increase efficiency and accelerate the digitization process across the country. With a more modern infrastructure, Japan has great potential in addressing some of the social and economic issues it faces.

Web3 technologies, with their unique capabilities in transparency and security, are key to sustainable digital transformation.

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Web3 and Regional Economy

Projects like the “Regional Coin Project” not only boost local economies through digital incentives, but also help in solving specific problems faced by local communities.

This initiative creates a more inclusive and decentralized economic ecosystem, giving more power to regions to govern and develop their own economies.

In addition, with the full support of the central government, Web3-based projects are expected to accelerate regional economic development. This not only has an impact on increasing regional income but also on improving the quality of life of the people.

Conclusion

By adopting Web3, Japan is on track to address the economic and demographic challenges it faces. Through strengthening local startups and building digital infrastructure, the country seeks to create sustainable and inclusive economic growth. This move will hopefully lead Japan to become a global leader in blockchain technology and the digital economy.

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Reference

• BeInCrypto. Japan PM: Web3 for Domestic Growth. Accessed on August 26, 2025
• Featured Image: Generated by AI