Chairman of the Ethereum Foundation: Traditional models of major Japanese companies hinder Web3 innovation, calling on big companies to change the status quo
Online live report, on August 26, at the WebX2025 event held in Japan, Aya Miyaguchi, Chairman of the Ethereum Foundation, said that the current closed and vertically integrated model of major Japanese companies has seriously hindered innovation and development in the Web3 field. In the current wave of Web3, this traditional model limits the growth space of start-ups. She emphasized that large Japanese companies urgently need to change the status quo and actively create an open cooperation platform for start-ups to help their growth. In Aya Miyaguchi's view, the Web3 ecosystem should be like an "infinite garden" where everyone can participate and contribute, and this requires large companies and start-ups to work together. What is gratifying is that she affirmed the positive attempts of Sony and other companies in transformation. She said that Sony has begun to break through its own limitations, actively absorb external innovation forces, and cooperate with start-ups. Aya Miyaguchi called for fully stimulating the vitality of young people and startups in the field of Web3 and building a more open and inclusive "infinite garden" ecosystem. This not only requires companies to innovate in technology and business models, but also promotes cultural transformation in the entire industry and breaks traditional thinking patterns to adapt to the development needs of the Web3 era. She hopes to see more Japanese companies take solid steps in the Web3 field and promote Japan to occupy a favorable position in the global Web3 competition.
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