The endeavor will introduce sensible functions for NFTs in Japan, permitting the railway firm to reinforce its reference to clients.
Kyushu Railway Firm (J.R. Kyushu), an integral a part of the Japan Railway Group – Japan’s largest rail community, declared its intent to launch NFTs on the Astar Network. This transfer is available in collaboration with P.R.O. Co., Ltd.
The first goal behind J.R. Kyushu’s NFT initiative is to generate new engagement factors with their customers whereas concurrently enhancing their present buyer relationships.
Setting the Stage for the J.R. Kyushu NFT Mission
J.R. Kyushu‘s NFT project is set to kick off in July 2023, offering passengers innovative methods to appreciate Kyushu while preserving a comprehensive record of their travel experiences.
A proof-of-concept will be initiated with J.R. Kyushu and PRO distributing a free NFT at the Blockchain Expo in Tokyo from May 10th-12th, featuring the new Nishi Kyushu Shinkansen.
Providing intercity rail services on Kyushu, Japan’s third-largest island, J.R. Kyushu serves greater than 330 million individuals yearly. The corporate’s companies prolong past rail, encompassing freight companies, bus transportation, hospitality, and different associated sectors.
A Novel Software for NFTs in Japan
This collaboration is ready to deliver a contemporary, sensible dimension to NFTs inside Japan. Whereas NFTs are predominantly recognized for buying and selling and digital artwork, J.R. Kyushu goals to harness this know-how to supply guests tangible mementos and proof of their travels on their community.
Astar Network’s Founder, Sota Watanabe, expressed his anticipation, saying, “At Astar Network, we’re excited to see more real-life use cases of enterprises exploring and leveraging NFTs to build closer relationships with their customers and provide new value. We look forward to supporting PRO Japan and J.R. Kyushu in their endeavor.”
Astar Network: The Most popular Blockchain for J.R. Kyushu
J.R. Kyushu opted for the Astar Network, the first-ever public blockchain in Japan, for his or her challenge, attributed to the platform’s aggressive charges, spectacular scalability, and the group’s complete information of the Japanese market.
Astar is at the moment main the NFT wave that’s quickly permeating Japan, with quite a few prime manufacturers embracing the potential of Web3.
Beforehand, main Japanese firms akin to Toyota Motor Company and Sony Network Communications have partnered with Astar Network to discover Web3 alternatives.
Upon the challenge’s launch in July, passengers can purchase commemorative NFTs or earn them through the use of the railway system. Possessing sure NFTs may qualify riders for added advantages and entry to unique NFTs. NFT purchases might be facilitated utilizing the Japanese yen.
Astar Network: Japan’s Main Layer-1 Blockchain
The Astar Network, acknowledged as the preferred blockchain in Japan by the Japanese Blockchain Affiliation, is the primary public blockchain from the nation to be listed, regardless of Japan’s strict itemizing rules. The Japanese authorities classifies the Astar Network’s native token, ASTR, as a cryptocurrency, not a safety.
Be taught extra about Astar on their web site, Twitter, Discord, and Youtube channels.
