NTT DOCOMO and Accenture Collaborate to Accelerate Adoption of Web3

Rhea-AI Summary

NTT DOCOMO and Accenture (NYSE: ACN) are joining forces to enhance the adoption of Web3 technologies aimed at addressing social issues. The collaboration will focus on promoting ESG initiatives, establishing a secure technology platform for Web3, and developing talent in this emerging field. Web3's potential lies in its ability to foster a new digital economy with significant social impacts. The ultimate goal is to position Japan as a leading market for Web3 applications while ensuring a secure environment for its use.

Positive

• Collaboration enhances the adoption of Web3 technologies to address social issues.
• Focus on promoting ESG initiatives aligned with the United Nations' Sustainable Development Goals.
• Development of a secure technology platform for Web3, facilitating the creation of new products and services.
• Talent development programs aimed at training future professionals in the Web3 space.

Negative

• None.

Companies will address technology challenges and train talent to apply Web3 to solve social issues

TOKYO--(BUSINESS WIRE)-- NTT DOCOMO and Accenture (NYSE: ACN) are collaborating to accelerate the adoption and application of Web3 for addressing social issues.

NTT DOCOMO and Accenture are collaborating to accelerate the adoption and application of Web3 for addressing social issues. (Graphic: Business Wire)

Web3 is a new iteration of the web driven by blockchain technology. It has the potential to form a new digital economy with a greater social impact than conventional economies, providing clearly defined benefits and secure environments for success.

Together, NTT DOCOMO and Accenture will:

• Promote ESG (Environmental, Social and Governance) Issues. Diverse and long-term stakeholder collaboration is necessary to help solve many societal issues, including those related to regional development. The two companies will create case studies for addressing ESG issues — including the United Nation’s Sustainable Development Goals.
• Establish a secure technology platform for Web3. Web3 is a way of utilizing technologies to enable new products, services, and community building. The companies will work together to develop and grow a secure technology platform that creates an environment where people can use these new technologies easily and safely. The work together will identify and resolve the challenges facing these emerging technologies.
• Develop talent. To address the growing demand for Web3 talent, the companies will provide training courses for those interested in working in the Web3 field, including engineers and business leaders. This approach will create a community for professionals and organizations alike to learn and gain practical experience in Web3.

NTT DOCOMO will bring its expertise in telecommunications networks and digital services, as well as its experience working on society-wide issues. Accenture will help build an operational foundation for the initiatives with a view to future global expansion, leveraging the knowledge gained through its work on regional development efforts, including that with Aizu Wakamatsu City in Fukushima.

Web3 is already being used in Japan to provide valuable solutions for society. For instance, it’s being used to help companies and government streamline the carbon credit markets as a way to address climate change.

The ultimate goal of the collaboration between NTT DOCOMO and Accenture is to facilitate the adoption of Web3 globally — enabling everyone to enjoy its advantages and benefits — while positioning Japan as a leading Web3 market.

Motoyuki Ii, president & CEO, NTT DOCOMO said, “Web3 is the most impactful technological development since the Internet. DOCOMO, in collaboration with Accenture, will revolutionize social infrastructure by utilizing blockchain and building a safe and secure Web3 environment. We will build an environment where the power of creators and developers can come together. We are glad to be promoting the Japan-developed Web3, and we welcome individuals and companies to join us in the global development of Web3 services.”

Atsushi Egawa, a senior managing director at Accenture who leads its business in Japan, said, “Our collaboration with NTT DOCOMO is designed to create an industry platform leveraging blockchain and other digital technologies. At Accenture, we use digital technologies to help our clients achieve 360° value — which includes issues related to sustainability, inclusion and diversity, and delivering exceptional experiences. We will help accelerate adoption of Web3 by leveraging the expertise we have gained in regional development through our collaborations with stakeholders from industry, government and academia.”

About NTT DOCOMO
NTT DOCOMO, Japan's leading mobile operator with over 84 million subscriptions, is one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies. Beyond core communications services, DOCOMO is challenging new frontiers in collaboration with a growing number of entities ("+d" partners), creating exciting and convenient value-added services that change the way people live and work. Under a medium-term plan toward 2020 and beyond, DOCOMO is pioneering a leading-edge 5G network to facilitate innovative services that will amaze and inspire customers beyond their expectations. https://www.docomo.ne.jp/english/

About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 721,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221107005813/en/

Ryoichi Sakurai or Yasutaka Imai

NTT DOCOMO

+81 3 5156 1366

global_pr@nttdocomo.com

Kentaro Kanda

Accenture Japan

+81 45 330 7157

accenture.jp.media@accenture.com

Source: Accenture

FAQ

What is the collaboration between NTT DOCOMO and Accenture about?

The collaboration focuses on accelerating the adoption of Web3 technologies to address social issues.

What does Web3 mean for Accenture (ACN) and NTT DOCOMO?

Web3 represents a new iteration of the web driven by blockchain technology, enabling a greater social impact than conventional economies.

How does the partnership plan to promote ESG issues?

The companies aim to create case studies that address societal issues as part of their ESG initiatives.

What are the goals of the NTT DOCOMO and Accenture collaboration?

The collaboration aims to position Japan as a leading Web3 market and develop talent in the Web3 field.

When was the partnership between NTT DOCOMO and Accenture announced?

The partnership was announced in a press release dated November 7, 2022.