NTT DOCOMO and Accenture Join Forces to Accelerate Web3 Adoption

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by KnowESG
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NTT DOCOMO and Accenture announced a partnership to increase the adoption and application of Web3 for social issues.

Web3 is a new iteration of the web driven by blockchain technology. It has the potential to create a new digital economy with a bigger impact on society than traditional economies, with clear benefits and safe places to work.

The partnership will focus on:

  • Promote ESG (Environmental, Social and Governance) Issues. A wide range of stakeholders must work together over a long period to solve many societal problems, including those related to regional development. The two companies will create case studies for addressing ESG issues, including the United Nation's Sustainable Development Goals.

  • Establish a secure technology platform for Web3. Web3 is a way of utilising technologies to enable new products, services, and community building. The companies will work together to develop and grow a secure technology platform that creates an environment where people can use these new technologies easily and safely. The work together will identify and resolve the challenges facing these emerging technologies.

  • Develop talent. To meet the growing need for Web3 talent, the companies will offer training courses for engineers and business leaders who want to work in the Web3 field. With this approach, both professionals and organisations will be able to learn about Web3 and get hands-on experience.

NTT DOCOMO will bring its knowledge of digital services and telecommunications networks, as well as its experience working on society-wide issues. Accenture will help build an operational base for the projects with an eye toward future global expansion. It will do this by using the knowledge gained from working on regional development projects, like the one with Aizu Wakamatsu City in Fukushima.

Web3 is already being used in Japan to provide valuable solutions for society. As a way to fight climate change, it is used to help companies and the government streamline the carbon credit markets.

The end goal of the partnership between NTT DOCOMO and Accenture is to make it easier for people all over the world to use Web3 so that everyone can enjoy its advantages and benefits and to make Japan a leading Web3 market.

Motoyuki Ii, president & CEO NTT DOCOMO, said:

"Web3 is the most impactful technological development since the Internet. DOCOMO, in collaboration with Accenture, will revolutionise social infrastructure by utilising blockchain and building a safe and secure Web3 environment. We will build an environment where the power of creators and developers can come together. We are glad to be promoting the Japan-developed Web3, and we welcome individuals and companies to join us in the global development of Web3 services."

Atsushi Egawa, a senior managing director at Accenture who leads its business in Japan, said:

"Our collaboration with NTT DOCOMO is designed to create an industry platform leveraging blockchain and other digital technologies. At Accenture, we use digital technologies to help our clients achieve 360° value, which includes issues related to sustainability, inclusion, and diversity, as well as delivering exceptional experiences. We will help accelerate the adoption of Web3 by leveraging the expertise we have gained in regional development through our collaborations with stakeholders from industry, government and academia."

Source: NTT DOCOMO

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