At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese market and beyond.
Astar and Polygon Launch zkEVM for Japan’s Web3 Rise
The announcement details that the partnership combines Astar‘s experience working with major Japanese companies like Sony and Toyota with Polygon‘s highly scalable zk-powered infrastructure. Together, the teams plan to create an optimal platform for launching blockchain initiatives in Japan, where government leaders have voiced support for Web3 innovation.
“As it stands today, Asia is one of the most forward-thinking regions in the world when it comes to Web3 adoption, and we are delighted to help Japan’s blockchain sector grow even faster via our collaboration with Astar,” said Polygon co-founder Sandeep Nailwal about the new venture.
Astar zkEVM aims to serve as a versatile solution for global enterprises looking to implement blockchain technology, acting as an entry point for international entertainment and gaming projects in Japan. The Ethereum L2 (layer two) system allows Astar to expand into the Ethereum ecosystem by incorporating advanced zero-knowledge proofs.
Sota Watanabe, the founder of Astar Network, says this lowers barriers for developers and end-users and aligns with Astar’s goal of driving mass adoption in Japan’s growing Web3 space. Watanabe believes Astar zkEVM can provide attractive features like equivalence to the Ethereum Virtual Machine and enhanced security. Integration with existing Ethereum tools also streamlines onboarding new users, the partnership announcement notes.
“Working closely with Polygon Labs, Astar will also help foster unique and iconic use cases in Japan and beyond to enable enterprises to kickstart their blockchain initiatives, strengthening Japan’s role as the epicenter of the Web3 movement,” Watanabe stated.
What do you think about Astar and Polygon partnering to launch a new scaling solution? Share your thoughts and opinions about this subject in the comments section below.
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