What is NTT Digital's vision for the future of web3?

A wallet is a device that ordinary users will always use to handle crypto assets. Therefore, when you go to a web3 exhibition, you often see companies developing wallets working hard to acquire customers.

NTT Digital, a major domestic company, has entered the development of this wallet. It seems that the development is being carried out from a more comprehensive perspective, different from business models that are primarily aimed at monetization such as fees and staking businesses.

What is the role of a wallet? The first is to manage various assets stored on the blockchain. However, even if that aspect is strengthened, ordinary people who do not currently have crypto assets will not access web3. This will not make the transition to web3 progress at all, and the switch from web2 to web3 in the way that users want will not be realized.

NTT Digital is considering using web3 wallets in the future to increase the number of functions that ordinary users will want to use, not just asset management (Money).

For example, it will be possible to link digital identity information (identity) such as insurance cards and driver's licenses to objects such as airline ticket data and various point cards, and manage them with a single app called a wallet.

Considering the high security of blockchain, it is clear that it is suitable for managing personal data. However, what are the benefits of "data sharing (linking)," which has been discussed as the future of web3 wallet use? For example, let's take overseas travel.

Purchase an airline ticket using cryptocurrency through a wallet. If you link your passport data to the wallet, you can complete personal authentication at the time of purchasing the ticket. Furthermore, if you link taxi dispatch app data, you can imagine that the car will arrive at the exact time the plane arrives.

Moreover, it is also characterized by the fact that users themselves can manage which data to make public.