What is Sony Network Communications' Web3 Service?

Despite an advanced understanding of Web3 and blockchain technologies, driven by the emphasis on "Web3" in the growth strategy of the Liberal Democratic Party and the increased consideration of broad companies when introducing new technologies, it can be challenging to envision the specific effects that Web3 and blockchain can bring, unlike technologies such as Artificial Intelligence (AI) and the metaverse.

Furthermore, advancing Web3 initiatives requires different expertise, such as business design and system development. For these reasons, exploring the introduction of blockchain technology alone can be challenging for large companies.

To address these challenges, there are major companies that offer comprehensive support, from Web3 workshops to planning, development, and operation, helping companies enter the world of Web3. "Sony Network Communications Corporation" (located in Minato-ku, Tokyo), a company within the Sony group, is an example. They have established the "Web3 Business Division" and are committed to Web3 comprehensively.

Sony Network Communications is collaborating with Web3 startups to advance blockchain development. They have a partnership with Sota Watanabe, the founder of the Japanese blockchain "Astar Network," and are working on developing services for global expansion.

The strength of Sony Network Communications lies in being part of the Sony group, whose business areas include music, games, electronic devices, among others. To gather business ideas that can be integrated with these assets, they have also conducted an incubation program for Web3 startups.

What exactly is the "Web3 Business Division" of Sony Network Communications planning in terms of business strategy?

The director of the "Web3 Business Division," Suzuki Ryohei, leads this division. With experience in areas such as legal, sales planning, and new business, he is currently venturing into the Web3 field. According to Suzuki, "the emergence of blockchain results in the creation of a new giant system infrastructure." How the penetration of blockchain into the business world will affect society is a key question.

Many companies may have an interest in blockchain, but may not have taken concrete actions. Especially as organizations grow, executing agile initiatives becomes challenging. However, the proactive initiatives of Sony Network Communications in Web3, despite being a large company, are noteworthy. For readers considering the introduction of blockchain technology into their own businesses, Sony Network Communications' initiatives can be a valuable reference.

Reference: Link to the source