NTT Docomo ranks first on the list of mobile operators in Japan. In a recent press release, Accenture announced its partnership with this major telecommunications company. Indeed, the blockchain-focused company is collaborating with NTT Docomo to realize a world-class project.
A project to encourage the adoption of Web3
The blockchain company Accenture has declared that it is working with NTT Docomo to drive Web3 adoption around the world. The Japanese mobile phone operator will invest between 500 and 600 billion yen in the creation of a technological platform for Web3. This sum is equivalent to more than 4 billion dollars.
The project also involves give courses on Web3 technology to business leaders and engineers. Partners want to be successful in developing talent and bringing the benefits of technology to as many consumers as possible. In the long term, NTT Docomo and Accenture expect for Japan to become a leader in the field of Web3.
According to Motoyuki Li, president and general manager of NTT Docomo, Web3 is “the greatest technological development since the Internet“. Meanwhile, Atsushi Egawa, Senior Managing Director of Accenture, said:Our collaboration with NTT Docomo aims to create an industrial platform 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 before NTT Docomo. There is for example the British giant Vodafone, which signed a similar partnership in 2020. This deal was initialed with the blockchain startup Energy Web (EW). The goal is to optimize the integration of renewable energy assets (wind, solar, etc.).
We also have the American company DISH Network which has decided to collaborate with 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, she has been working with Bit2Me in order 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 objective, Accenture intends to use the expertise acquired in regional development through its various collaborations with players in the new industry.
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