Earlyworks Co., Ltd., a blockchain technology provider, forms business alliance with Relic, a business co-creation company
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2024
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Source: newsfilter
- Business Alliance Announcement: Earlyworks Co., Ltd. and Relic Inc. form a business alliance to develop new businesses using Web3 technology.
- Market Potential and Background: The global blockchain market is expected to grow significantly, with Japan's market share estimated at about 10%.
- Challenges in Blockchain Adoption: Issues such as technical understanding, human resources, and business utilization hinder the adoption of blockchain technology in Japan.
- Partnership Details: Earlyworks and Relic will combine assets to support new business development utilizing blockchain technology through GLS x DUALii.
- Company Profiles: Brief descriptions of Relic Inc. and Earlyworks Co., Ltd., including their business activities and profiles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
