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$Earlyworks (ELWS.US)$ NEWS Earlyworks Co., Ltd., a blockcha...

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Earlyworks Co., Ltd., a blockchain technology provider, forms business alliance with Relic, a business co-creation company
Earlyworks Co. (Nasdaq: ELWS) has formed a business alliance with Relic to promote new business development using Web3 technology. This partnership integrates Earlyworks' blockchain technology, Grid Ledger System (GLS), with Relic’s expertise in new business creation. The collaboration aims to address issues such as brand damage risks, legal and financial challenges, and the technical complexities of blockchain. The global blockchain market is projected to grow significantly, from $10.6 billion in 2023 to $404.1 billion by 2030. Japan's blockchain market is also growing, with government initiatives promoting Web3 adoption. Through this alliance, Earlyworks aims to leverage Web3 technologies to maximize blockchain's potential globally and enhance business development in Japan.
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