Blockchain
BlockMint Announces Participation in Upcoming NFT Auctions in Support of its Minter Crypto-NFT Browser
- BlockMint intends to participate in upcoming NFT auctions hosted by Sotheby’s, NBA Top Shot, OpenSea and others.
- The Company aims to build a portfolio of NFTs, representing various digital assets from multiple genres, including art, sports, music, etc.
Vancouver, British Columbia–(Newsfile Corp. – March 29, 2021) – BlockMint Technologies Inc. (TSXV: BKMT) (“BlockMint” or the “Company”) (www.blockmint.ai) announces that it plans to participate in upcoming auctions of non-fungible tokens (NFTs) hosted by Sotheby’s, NBA Top Shot, OpenSea and others. BlockMint aims to acquire NFTs from multiple genres (including art, sports, music, etc) to create a diverse portfolio of NFTs in support of the upcoming release of an upgraded version of its distributed crypto-miner browser “Minter” that will have a new feature which will allow users to exchange their earned cryptocurrency for a fractional ownership in a NFT from the BlockMint portfolio. The current version of Minter is available to download at getminter.com.
BlockMint’s CEO Nelson Ijih commented: “We designed Minter with the underlying philosophy that everyone should be able to participate in the crypto-economy. Minter’s new NFT feature, coupled with the Company’s NFT portfolio, will allow users to participate in the exploding demand for NFTs. Users will be able to choose to either reduce their carbon footprint or participate in the rapidly emerging market for NFTs.“
A non-fungible token (NFT) is a unit of data on a blockchain where each NFT can represent a unique digital item and thus they are not interchangeable. NFTs can represent digital files such as art, audio, video and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. Demand and interest in NFTs have exploded in recent months. The purpose of implementing NFTs when selling or acquiring digital art, videos or music is that blockchain technology gives the purchaser certainty that the piece is authentic and provides ownership.
Once released, the upgraded Minter browser will allow users to use their spare computing power to mine cryptocurrencies to earn either: (i) carbon credits to help offset their carbon footprint; or (ii) fractional ownership in a NFT. The browser has a user-friendly, built-in dashboard where a user can control the amount (if any) of computing power on his/her computer that will be used for mining to earn carbon credits and/or fractional ownership in a NFT . Users bear all mining costs associated with the computing power on their device (electricity costs of operating the user’s device) but will benefit by receiving the carbon credits or fractional ownership of a NFT that was earned based upon the amount of cryptocurrencies mined with their device. BlockMint will earn a margin on the purchase of the carbon credits or NFTs.
The updated version of Minter is expected to be available for download in late April 2021 for use on desktops and laptops with a Windows operating system. Support for additional operating systems (MacOS, Linux) will be added later this year.
In addition, the Company continues to evaluate the possible acquisition of hardware to mine cryptocurrency in-house and augment the cryptocurrency earned via its distributed Minter software app.
About BlockMint Technologies Inc.
BlockMint, through its wholly owned subsidiary, Blockmint (USA) Technologies Inc., develops distributed systems and networks that enable a more decentralized deployment of blockchain based applications such as cryptocurrency mining.
On behalf of
BLOCKMINT TECHNOLOGIES INC.
Nelson Ijih
Nelson Ijih, CEO
[email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the business strategy and objectives of BlockMint, building a NFT portfolio, new features of its Minter browser and expected timing on the release of updates to its Minter browser. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. There is further no assurance that the Company will be successful in developing, commercializing or profitably operating its new business in the manner described. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
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