2024-09-25 19:21:59 :India’s leading Web3 NGO, the Bharat Web3 Association (BWA), is expanding its international reach. On Wednesday 25 September, BWA signed Memoranda of Understanding (MoU) with Australia and Indonesia. The initiative aims to unite global Web3 efforts to jointly promote the development of the ecosystem. BWA Chairman Dilip Chenoy noted that these MoUs are an important milestone in fostering a cohesive global Web3 landscape.
Through these Memorandums of Understanding (MoUs), India, Australia and Indonesia will collaborate in key Web3 areas such as research, education and advocacy. The broader goal is to accelerate the adoption of blockchain-based solutions across multiple countries.
In Australia, BWA signed a memorandum of understanding with the Digital Economy Council of Australia (DECA), formerly known as Blockchain Australia, which represents businesses and individuals exploring blockchain technology.
Commenting on the MoU with BWA, a DECA spokesperson said: “By promoting opportunities among our members and recognizing the growth and potential of this technology in India and Australia, we hope to see the industry continue to thrive across borders ”
In Indonesia, BWA has partnered with Asosiasi Blockchain Indonesia, a non-profit organization dedicated to driving the adoption and development of blockchain technology in the region.
Commenting on the development, Asosiasi Blockchain Indonesia Executive Director Asih Karnengsih said: “We see our partnership with BWA as an important opportunity to collaborate to enhance cross-border blockchain adoption.”
Prior to signing these MoUs with Australia and Indonesia, BWA had partnered with the Japan ANICANA Dealers Association (JADA) to jointly develop Web3 services.
In India, BWA urged Finance Minister Nirmala Sitharaman to provide a level playing field for Web3 companies.
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