Web3.0

Interview with Hitoshi Tsuji "Web 3.0 will revolutionize value transfer. Creating new value with security tokens"

2024/09/18 19:56 (Updated 2025/04/16 16:45)
Editors of Iolite
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Web3.0は価値移転に革命をもたらす セキュリティトークンであらたな価値を創出ーODX・朏仁雄インタビュー

ODX's view of the present and future of the tokenized world

What do you think about the current state of the Web 3.0 field?

Kimio Mikazuki (hereinafter Mikazuki): Web 3.0 started with crypto assets using blockchain technology, and various functions have been implemented on public blockchains, with various "values" being linked to tokens, allowing for instant mutual exchanges and transfers, bringing about a function that has been called a revolution in value transfer.

Originally digital data, crypto assets have been traded mainly for investment purposes, and crypto asset exchanges serve as gateways for exchange with real currency, but mechanisms such as DeFi, which allow exchanges between crypto assets and stable coins without going through these, have also been implemented on blockchains. In addition, NFTs, which represent various rights such as game tokens and art as rights to own and use data, and tokens linked to real asset values ​​called RWAs (Real World Assets), have been issued, and I believe that the fact that these clearly position data generated by various economic activities as owned by users, is an innovative event in the history of the development of the Internet.

On the other hand, the incentive for users who hold tokens is still mostly for the profit of "profit from price rises", with the exception of some such as stable coins. In this situation, it will be used only by a limited number of users who are familiar with the characteristics of blockchain and are accustomed to operating wallets. In essence, in order to make the "revolution in data sovereignty and value transfer" widely accepted by the general public, use cases other than speculation are essential, and I believe that various projects will continue to explore such use cases in the future.

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.