Brazil and Japan boast a long history of friendship that is both marked by deep economic ties and the world's largest Japanese diaspora in Brazil. This can be seen as recently as in early May 2024, when Brazil's President Lula and Japan's Prime Minister Kishida met to discuss strengthening specific strategic partnerships between both nations, signing 38 memorandums of cooperation focused on areas like innovation and cybersecurity.
Web3 offers a simultaneously interesting value for both Brazilian and Japanese public and private enterprises alike, with this revolution in decentralized technologies and ownership exciting tech enthusiasts, investors, and governments alike with its promise of a new internet era.