![]() ![]() If more than 10 million people experience Web3 for the first time, we believe this will be a historic event. Yoshida also said that the Palette Chain, developed by HashPalette, a subsidiary of HashPort, will be used as the underlying chain for the Web 3 wallet and the SBT digital passports, "Expo 2025 is expected to attract more than 28 million visitors. SBT Digital Passport: Platform for connecting “EXPO 2025 Digital Wallet” with pavilions and momentum-building partners using SBT.Web3 Wallet: Wallet for storing SBT and NFTs issued through pavilion collaboration, and external business collaborations.Wallet ID infrastructure: ID infrastructure that enables registration and login to each financial service and linked services unique to Expo 2025 using a single ID.EXPO 2025 Digital Wallet: A mobile application that serves as a gateway for financial services provided by other sponsoring financial institutions, including e-money, point reward program, status services, and NFTs unique to Expo 2025 (Android and iOS versions are expected to be provided).Seihaku Yoshida, President of the HashPort Group, the developer behind the application, stated that the cooperation between HashPort and the Expo 2025 could be divided into the following four parts: Into the mainstream: Collaboration with Expo 2025 to promote the adoption of Web 3 wallets and SBT IDs to over 10 million peopleĪccording to a Nikkei News report on July 18, the Japanese government will fully adopt cashless payment for the first time at the Expo 2025 Osaka,Kansai (hereinafter Expo 2025).The payment method will revolve around an app called "EXPO 2025 Digital Wallet", which will support not only electronic money and point reward, but also NFTs. HashPort's investors include UTEC ( The University of Tokyo Edge Capital Partners Co., Ltd.), professional investor Yusaku Maezawa, known as the Elon Musk of Japan, and Sumitomo Mitsui Banking Corporation.,etc. Raised over JPY 2 billion (approximately USD 15 million) to expand and consolidate business and securing a compliance management system and related personnel to respond to the complex regulatory compliance that accompanies business expansion.Acquiring large Japanese IPs, using them to develop HashPalette-related NFT products, and expanding these products to the global market. ![]() Expanding HashPort's consulting business and technical team to provide stronger support for companies seeking to enter Web3 and use SBT(SoulBound Tokens). ![]() In addition, HashPort has also been favored by many top Japanese investors and famous traditional institutions.Īs of now, HashPort Group has been working on the following initiatives: Furthermore, "PLT Place", the official NFT marketplace of the Palette Chain, has accumulated over 370,000 users and become one of the largest NFT marketplaces in Japan. In July 2021, Palette Chain, the public chain built for NFTs in the Japan market, partnered with Coincheck, one of Japan's largest cryptocurrency exchanges to launch Japan's first IEO, which has received a total of over JPY 22.45 billion (approximately USD 160 million) PLT token in commitments, 24.1 times the original target of JPY 938 million (approximately USD 6.7 million), attracting a lot attention in the Japanese cryptocurrency investment market. Since its establishment in 2018, HashPort Group has been working on blockchain technology, which includes HashPort, a blockchain-related consulting and system solution specializing in the Japanese market, as well as HashPalette, a public chain specializing in NFTs. Standing at the forefront of compliance: Partnered with Coincheck to launch Japan's first IEO HashPort Group, as a leader in the core players of the Japanese Web3 market, is constantly expanding its territory and gradually realizing its concept of "innovating Japan with blockchain”. ![]() 02, 2023 (GLOBE NEWSWIRE) - In the past few years, Japan has been strategically facilitating the Web3 revolution. ![]()
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