21.05.2021 – 08:01
VeChain
Singapur (ots/PRNewswire)
NFTs have taken the world by storm, grossing up to $ 70 million in digital artwork auctions, and even the 2021 Oscars gift bag included NFTs making headlines. Recently, eBay Inc. allowed NFTs for digital collectibles such as trading cards, pictures, and video clips to be sold on its platform – the first e-commerce company to get into the NFT frenzy.
With artists, celebrities, producers, and other creatives adopting NFTs in droves, NFTs are becoming the new mainstay for art, culture, and collectibles, but the technology can do much more than that. NFTs have the potential to positively influence every aspect of our daily digital life and unlock sustainable value for companies. This is where VeChain the Enterprise NFT (eNFT) ecosystem an.
eNFTs – a bastion of corporate value
An eNFT is designed to enable all stakeholders, including businesses and users, to reach consensus on the public blockchain about the issuer, owner and transfer history of an NFT. By designing and developing eNFTs with a clear purpose, the company can map individual digital assets on a comprehensible, decentralized ledger, regardless of whether Product, service or even business process.
The tokenization process is the critical step in joining the burgeoning eNFT value network. ENFT technology enables companies to change the way their assets circulate and trade, even create new areas of service, expand and improve product claims, and enable companies to display their attributes with confidence. eNFTs also maximize the value of their respective assets by providing a level of trust and transparency around an item or service. Ultimately, this will change the way companies interact with end users and dramatically improve user engagement and experience.
VeChainThor – The best choice for using NFTs in companies
When it comes to enterprise-level blockchain infrastructure, VeChainThor’s public blockchain is widely considered to be the best on the market. With an impressive range of sophisticated solutions for use in the real world, VeChain is completely unique in its use in the real world. In addition, VeChain has already proven itself:
Reliable underlying technology: The “Proof of Authority ‘” (PoA) consensus of VeChainThor is ecologically much more sustainable, with massively reduced environmental pollution compared to the PoW. The platform has repeatedly proven to be one of the most practical and solid solutions for building public blockchain solutions for businesses. VeChainThor delivered unique blockchain tools at the infrastructure level with VeChain ToolChain (TM), a one-stop data BaaS platform tailored for rapid enterprise application development on VeChainThor. VeChain ToolChain (TM) enables companies to focus on building business solutions instead of being hindered by technical challenges.
Seamless integration with the IoT: eNFT applications can directly and easily use VeChain’s standard NFT protocol and its API at the enterprise level. It’s even more powerful when integrated with IoT devices like NFC chips. Companies can easily attach NFC chips to products that contain valuable information that has been registered and verified on the blockchain, enabling the tokenization of valuable assets.
World leading professional services: VeChain has worked with hundreds of companies since 2015, both SMBs and Fortune 500 companies. Our numerous successful use cases speak for themselves and put VeChain in a unique position compared to any other blockchain protocol. Business users can easily access professional services from VeChain’s strategic partners, including DNV and PwC. For example Tag Trace Trust, one of DNV’s digital products that enables the company to issue a declaration, certificate of conformity or product passport to share the quality, performance and environmental impact of products and facilities. These processes will become the backbone of the digital economy and VeChain is the pioneer.
“The eNFT ecosystem will provide a revolutionary platform for the next era of value networks and unlimited opportunities for corporate digital assets. VeChainThor opens a new door to traditional industries and unlocks hidden values by exploring the application of blockchain technology,” said Dr. Peter Zhou, VeChain’s Chief Scientist.
Information on VeChain Foundation
VeChain was founded in 2015 as the leading public blockchain platform for businesses. Its goal is to bring blockchain technology to the real world by providing businesses with blockchain solutions tailored to their business needs and building a trusted and distributed business ecosystem platform that adds value to businesses. VeChain has strong, independent development capabilities and compliance is ensured through its strategic partners PwC (one of the world’s four leading auditing firms) and DNV GL (a leading global assessment and certification company). VeChain has been used in a wide variety of use cases, including at Walmart China, Bayer China, BMW, BYD Auto, PICC, H&M, ENN, Shanghai Gas, LVMH, DIG, ASI and many more. For more information, please visit the official website at www.vechain.com.
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Original content by: VeChain, transmitted by news aktuell
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