Astar Network scoops ‘Product of the Year’ award at the JBA Annual Blockchain Award

• Astar Community has been named the Product of the 12 months on the JBA Annual Blockchain Award.

• Astar Community’s founder bagged the ‘Individual of the 12 months’ award for a second-consecutive time.

• The JBA contains among the main Japanese corporations.

Astar Community turns into the Product of the 12 months

Astar Community, the good contract platform for multichain, introduced on Friday, December twenty third, that it had been awarded the Product of the 12 months on the 4th annual Blockchain Award by the Japan Blockchain Affiliation (JBA).

In a press launch shared with Coinjournal, Astar Community added that its founder and CEO, Sota Watanabe, additionally bagged the Individual of the 12 months award for the second consecutive yr on the similar occasion.

The JBA is at the moment the most important blockchain affiliation in Japan and contains among the main international corporations, together with, bitFlyer, Coincheck, Microsoft, GMO, EY, Deloitte, PwC, KPMG, Toyota, and ConsenSys.

Whereas commenting on this newest cryptocurrency informationSota Watanabe, the founder and CEO of Astar Community, mentioned;

“We’re delighted to have been acknowledged by the Japanese Web3 group. As Japan’s main blockchain undertaking, we stay dedicated to accelerating Web3 innovation by Astar. In 2023 and past, we are going to leverage our presence in Japan to unlock alternatives for entrepreneurs, builders, and customers alike.”

Astar Community’s win would not come as a shock

Astar Community has proven itself to be one of many main blockchain initiatives in Japan. It’s a main Layer-1 chain in Japan. As a parachain of Polkadot, it permits builders to construct interoperable dApps. It helps each EVM and WASM good contracts with cross-consensus messaging (XCM) and cross-virtual machine messaging (XVM).

This newest growth comes barely a month after the Astar Community launched Swankyan all-in-one software that provides builders what they should construct WebAssembly (WASM) good contracts simply.

Astar Community’s CEO helps the Japanese authorities chart the trail ahead for web3 growth within the nation. He has additionally been featured within the Forbes 30 Below 30 for each Asia and Japan.

Astar Community has grow to be the go-to blockchain for builders and enterprises occupied with exploring the Japanese Web3 area. Moreover, it’s the first public blockchain in Japan to be listed there regardless of the nation’s strict itemizing rules

Along with that, Astar’s native token, ASTR, is registered as a cryptocurrency, not a safety, by the Japanese authorities.