ALTERNA Activating Japan's 'Dormant Money' — An Interview with Eisuke Tamoto

What do you think about the current Web 3.0 field?

Eisuke Tamoto (hereinafter, Tamoto): I think the biggest attraction of security tokens (ST) is that by combining them with utility tokens, etc., it is possible to provide investors with new benefits such as service provision, discounts, and experiences in addition to financial benefits in asset financing. This will make it possible to finance assets that have not been the subject of financing until now as financial products. The assets that are the subject of financing will not be limited to real assets such as real estate, but will also expand to intangible assets such as copyrights.

I think the challenge with ST is how to balance the appeal of ST with the sense of cost. "Progmat" and "ibet", which are widely used as ST platforms in Japan, require a certain cost if you have your own node. The key to the future expansion of ST in Japan will be whether the appeal of such ST is more fully demonstrated and more participating companies such as securities companies and trust banks are willing to participate in the ST field even if they have to pay the cost.