Blockchain
Royal Joh. Enschedé steps into the world of NFTs with PROxID and Concordium blockchain collaboration
Royal Joh. Enschedé, a 320-year-old Dutch printing company specialized in banknotes, postage stamps, tax labels, passports and visas, is teaming up with PROxID and Concordium blockchain to connect the world between security print products, NFTs and the metaverse.
Dutch software developer PROxID is building an NFT platform on the layer-1 blockchain with the integrated ID framework of the Swiss foundation Concordium, a market leader in securing digital assets via the ID layer. Concordium’s unique blockchain-based ID framework guarantees utmost privacy, while allowing transactions to be monitored and ensuring that each one can happen instantly, efficiently, at less cost and within an energy-efficient software.
This exciting collaboration will offer collectors a new platform to collect and trade, without compromising the original stamp’s uniqueness, as well as an entirely new playground beyond the physical world. In the digital world, collectible banknotes and postage stamps will correspond to NFTs acting as an ownership guarantee, which can be traded globally on a secure platform and ultimately live on in the metaverse.
Gelmer Leibbrandt, CEO at Royal Joh. Enschedé says: “Our vision is to contribute to a world without counterfeit. With the endless possibilities the blockchain offers, we are entering a new phase, a new era for our company and also adding a very strong and compelling security layer to our already very secure printed products. NFT stamps are unique, secure and highly collectible, and RJE is one of the world’s best known independent security printers. I am sure this will appeal to many in the NFT space.”
“If you want to predict the future, you have to create it. PROxID will soon introduce a NFT platform based on trust with verified identities and objects in a secured environment. We also guarantee low costs and low energy consumption. PROxID provides the bridge between the existing world and the new WEB3 world. We start with valuable collectibles such as crypto stamps and banknotes and more applications will follow soon.” says Patrick Terranea, Founder of PROxID.
Lars Seier Christensen, chairman of Concordium and founder of Saxo Bank, says: “At Concordium, we are very excited to support a whole new dimension to the blockchain and NFT space in collaboration with RJE. Philately, the collection of stamps, is the world’s largest collector’s hobby. We believe this outstanding offering will bridge the world of traditional collectors to a new generation.”
Blockchain
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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