Polkadot provides NFTs and “Proof of Riding” certificates to over 330 million rail passengers in Japan
- Polkadot is registering massive growth as several layers building on the network hit significant milestones.
- Astar Network, one of the teams building with Polkadot, is now poised to increase NFT adoption in Japan at scale.
The expansion of the Polkadot network has led to growth in various sectors. In particular, many teams that build on Polkadot’s network have registered significant growth and reached major milestones in recent times.
Most recently, one of the teams building the network revealed a remarkable new development that could lead to massive adoption of the NFT ecosystem.
On Twitter, Polkadot highlighted the milestones recently achieved by 11 teams building on the network. Astar Network is one such network that rightfully made the list.
The network announced that a major rail company is launching NFTs on its network. According to the announcement, Kyushu, the largest railway company in Japan, will debut its NFT collection on the Astar Network, in collaboration with PRO Co., Ltd.
The launch is very promising for the network, as the railway has more than 330 million annual riders. With NFTs being launched on the Astar network, the rail system aims to provide its visitors with mementos and evidence of visiting, riding and using their system. In the long term, this could potentially increase the adoption level of NFTs across Japan.
The largest railway network in Japan, JR Kyushu, is in cooperation with PRO Co. Ltd a change in NFT adoption in Japan! With 330 million people riding the railway annually, the project could potentially reach massive adoption!
🚊 The largest railway network in Japan, JR Kyushu, is in cooperation with PRO Co. Ltd a game-changer for NFT adoption in Japan! With 330 million people riding the railway annually, the project could potentially reach massive adoption! 🌟
Read more below! pic.twitter.com/A4OtDd5ccV
— Astar, Future of Smart Contracts for Multichain (@AstarNetwork) 12 May 2023
The founder of the Astar network highlights the company’s long-term goals
Astar is known to be the leading smart contract platform in Japan. The platform especially supports EVM and WebAssembly (Wasm) environments, as well as interoperability between them using a Cross-Virtual Machine. The network describes itself as a developer-friendly network that integrates with tools and languages that developers are already familiar with.
Sota Watanabe, the founder of the Astar network, expressed excitement at the latest development. Wantabe went on to note the importance of exploring the growing NFT market and taking advantage of its benefits to build strong relationships with clients.
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At Astar Network, we are excited to see more real-world use cases of businesses exploring and leveraging NFTs to build closer relationships with their customers and deliver new value. We look forward to supporting PRO Japan and JR Kyushu in their endeavours.
The move remains significant, especially because it introduces Blockchain to the country’s extensive high-speed rail system. Along with many other benefits, Jr Kyushu’s use of the Astar network will bring lower fees, high scalability and the team’s deep understanding of the Japanese market.
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