Turingum, a group company of Qsym, which is listed on the Tokyo Stock Exchange Standard, has been involved in the design and issuance of various tokens. Tokens are essential for the spread of Web 3.0, and we naturally have high expectations for the company's future success.
How does Ryo Tanaka, Turingum's CEO and CBO, view the current situation and challenges of the Web 3.0 field, and what elements he thinks are necessary for social implementation?
What do you think about the current Web 3.0 field?
Ryo Tanaka (hereinafter, Tanaka): I feel that Web 3.0 technology is currently in the midst of "integrating into society as a matter of course." It will move from a phase where the use of blockchain is announced and core users get excited, to a phase where it will naturally integrate into daily life and be used naturally by everyone even without understanding the mechanism. In the midst of this, I think it is a very attractive business and a good timing to feel that it is helping to contribute to society, just as we are creating infrastructure to spread it to society.
On the other hand, I think that the fact that there are still few major cases in Japan due to regulations is an issue. In this situation, we believe that tokens are indispensable for Web 3.0 businesses due to the wide range of service design and expression, so Turingham has started offering "token finance", a fundraising method using tokens, and a new menu called "Token 10".
Also, while tokens are becoming more widespread, we often face situations where business companies do not have deep knowledge and do not know how to proceed.
Technology and regulations are changing rapidly, and it is difficult to always keep up with the latest trends, so we would like to use Turingum's deep knowledge of technology and legal perspectives to increase the number of cases in Japan and lead to the social implementation of Web 3.0.