NTT DOCOMO, Japan’s leading mobile operator, has collaborated with Accenture to drive the application and adoption of Web3 when addressing social issues.

In a statement, the strategic partnership will promote environmental, social and governance (ESG) issues, develop talent and create a secure Web3 platform.

With more than 84 million subscribers, NTT DOCOMO will draw on its experience in the telecommunications industry, as well as its expertise in addressing society-wide issues.

Separately, Accenture, a global security, cloud and digital services company, will develop an operational foundation for Web3 initiatives.

Motoyuki Li, President and CEO of NTT DOCOMO, noted:

“Web3 is the most impressive technological development since the Internet. DOCOMO, in collaboration with Accenture, will revolutionize social infrastructure by using blockchain and building a safe and secure Web3 environment.”

Web3 is already being used for social solutions in Japan. For example, government and business are using Web3 to optimize markets for carbon credits to combat climate change.

The partnership between NTT DOCOMO and Accenture is set to fuel Japan’s quest to become a leading Web3 market. It also seeks to drive the adoption of Web3 globally. Li stated:

“We will build an environment where the power of creators and developers can come together. We are pleased to promote Web3 developed in Japan and welcome individuals and companies to join us in the global development of Web3 services.”

Addressing social issues related to diversity, sustainability and inclusion is vital. Atushi Egawa, a senior managing director at Accenture, sees Web3 as a stepping stone toward this goal.

Egawa added:

“Our collaboration with NTT DOCOMO is designed to create an industrial platform that leverages blockchain and other digital technologies.”

The World Economic Forum (FEM) recently established a Crypto Sustainability Coalition to investigate Web3’s ability to address climate change, Blockchain.News reported.

The WEF noted that blockchain tools would drive transparency in the global carbon credit market, while crypto mining would power renewable microgrids through off-peak demand and decentralization.

Image Source: Shutterstock