NTT Docomo ranks first in the list of mobile operators in Japan. In a recent press release, Accenture announced its partnership with this major telecommunications company. In fact, the blockchain-focused company is partnering with NTT Docomo to deliver a world-class project.
A project to foster the adoption of Web3
Blockchain firm Accenture said it is partnering with NTT Docomo to drive Web3 adoption around the world. The Japanese mobile operator will do so invest between 500 and 600 billion yen in the creation of a technological platform for the Web3. This sum is equivalent to more than $ 4 billion.
The project also involves teach Web3 technology courses to business leaders and engineers. Partners want to be successful in developing talent and delivering the benefits of technology to as many consumers as possible. In the long run, NTT Docomo and Accenture expect for Japan to become a leader in the field of the Web3.
According to Motoyuki Li, president and general manager of NTT Docomo, Web3 is “the greatest technological development since the days of the InternetMeanwhile, Atsushi Egawa, Senior Managing Director of Accenture, said:Our collaboration with NTT Docomo aims to create an industrial platform by leveraging blockchain and other digital technologies“.
The giant follows in the footsteps of Vodafone, DISH Network and Telefonica
Several major telecom companies invested in blockchain and Web3 prior to NTT Docomo. For example, there is the British giant Vodafone, which signed a similar partnership in 2020. This agreement was signed with the blockchain startup Energy network (EW). The goal is to optimize the integration of renewable energy assets (wind, solar, etc.).
We also have the American company DISH Network with which he has decided to collaborate Cardano in 2021. The goal was to help bring blockchain technology to around 14 million TV subscribers.
Finally, there is the Spanish telecommunications company Telefonica. Since September he collaborates with Bit2Me to allow its customers to pay for services in cryptocurrencies. Payments will be in bitcoin (BTC), ether (ETH) and USD Coin (USDC).
Through their collaboration, NTT Docomo and Accenture want to accelerate the adoption of Web3 on a global scale. To achieve this, Accenture intends to use the expertise acquired in regional development through its various collaborations with new industry players.
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Far from dulling my enthusiasm, a fruitless investment in a cryptocurrency in 2017 only increased my enthusiasm. I therefore decided to study and understand the blockchain and its multiple uses and to transmit information relating to this ecosystem with my pen.