India, Japan associations ink deal to grow Web3 ecosystem [Video]

The Bharat Web3 Association (BWA), an industry body formed to promote and grow the Web3 industry in India, has signed a memorandum of understanding (MOU) with Japan ANICANA Dealers Association (JADA) to explore collaborative opportunities in Web3 technologies.

Both the associations would engage in joint initiatives focused on Web3-related advocacy, educational conferences, workshops, and thought leadership activities, the BWA said in an emailed statement.

The collaboration aims to foster a conducive environment for knowledge-sharing, innovation, and industry advancement within the Web3 ecosystem.

“We hope to leverage our partnership to exchange insights on use cases, manage risks through regulatory frameworks, and develop policies while sharing compliance best practices,” said Bharat Web3 Association Chairperson Dilip Chenoy.

Members of BWA include infrastructure providers such as Biconomy, digital asset exchanges such as CoinDCX and CoinSwitch, virtual gaming platforms like Hike and other Web3 players like Liminal and Tax Nodes.

For its part, the Japan ANICANA Dealers Association aims …