Building trust in fine wines with our NFC and NFT technology At PROxID, we are revolutionising the way wine collectors and investors interact with fine wine through our advanced NFC and NFT technology. Our system provides a secure and verifiable digital certificate linked to a verifiable identity of each wine owner, offering a new level […]
NFTs themselves are not the product, but they are bought and sold as a product by individuals who probably only bought them in the hope of making a profit. This is one of the reasons why they have become so popular in 2021, but it is also why many people misunderstand what they actually are. […]
September 8, 2022, Switzerland and the Netherlands – 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 […]
In English, ‘Utility’ is best translated as ‘useful’ or ‘something that is useful or profitable’. In a more free translation of utility in the application to NFTs: “what benefit does it bring me” and “what else do I get if I buy that NFT?”. In a more general sense, utility in an NFT refers to […]
The current global market has become unreliable and volatile, which has led investors to trust cryptocurrencies less and less. In addition, the current crypto market is insufficiently regulated and will have to become more secure to regain the trust of investors. Concordium‘s new technology aims to improve identification, trust, transparency and verifiability, thereby ensuring security […]