Astar Network Launches the XVM on Public Testnet, Enabling Truly Multichain Use Cases

Singapore, Singapore, 9th January, 2023, Chainwire With XVM, smart contracts will work seamlessly regardless of which language they are written with or which smart contract environment they use Astar Network, the smart contract platform for multichain, today announces the launch of its Cross-Virtual Machine (XVM) functionality on the public testnet Shibuya.

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Astar Network (ASTR/USD), a leading Polkadot parachain with multi-chain smart contracts support, is the ‘Product of the Year' winner after bagging the award at the 4th annual Blockchain Award.

Tokyo, Japan, 23rd December, 2022, Chainwire Astar Network, the smart contract platform for multichain, has been awarded the Product of the Year at the 4th annual Blockchain Award by the Japan Blockchain Association.

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Ethereum is almost universally credited for kickstarting the Web3 revolution after it brought to life the concept of smart contracts. However, some in the Web3 community, like Astar Network's Sota Watanabe, believe the protocol cannot “build the innovative future of blockchain alone.

Opposite to the downtrends of crypto prices, web 3 developments continue to make headlines almost daily. Following the UAE's initiative to make the Emirates a metaverse and web 3 technology centre, Japan officially enters the web 3 zone.

The City of Fukuoka has joined forces with Astar Japan Lab to explore local Web3 use cases, as part of its mission to become a hotbed for blockchain technology innovation in the country.

Astar Network innovation hub has partnered with blockchain marketing firm Market Across to jointly organize the Polkadot Summit during the upcoming San Francisco Blockchain Week, slated for November 4, 2022.

San Francisco, California, 6th October, 2022, Chainwire Upcoming summit centered on smart contracts to feature renowned industry experts covering Web3 topics including infrastructure development, privacy, scalability, automation, and investing  Complementing San Francisco Blockchain Week, Astar Network has partnered with Market Across to organize the “Polkadot Summit: The Future of Smart Contracts.” The summit will bring together key stakeholders for a full day of presentations and open discussions on current developments, the future of the Polkadot ecosystem, and its growth potential.

Astar Network's advertisement on Japan's national newspaper, Nikkei, has seen the platform receive backing from 329 leading institutions and brands, effectively setting a new world record. 

In an effort to make a strong statement, Astar Network, a multichain smart contracts platform, placed an advertisement in a national newspaper with the most number of brands ever included in a single advertisement. In order to collectively usher in the era of Web3, the ad brought together the leading Japanese brands.