Telecommunications giant Swisscom has unveiled a new approach to using non-fungible tokens.
The product, called Noow, will display art that you own and you and the artist will know how many copies of his or her works have been distributed.
The app comes from a Zug-based, Dloop, which spun out of Swisscom's accelerator, Kickbox.
Digital art is displayed on screens in places such as hotels, restaurants and offices.
A lack of copy protection systems and distribution platforms means that these works are often used illegally.
The startup dloop intends to change this situation with its NOOW app.
The service will be available on Swisscom TV, a set top box service in Switzerland, and include 100 words by thirty artists.
Buyers get a certificate of authenticity and can see the art on their screen.
"Swisscom TV is one of the first providers in the world to offer art on the TV screen. We are delighted to have Swisscom on board for this courageous project," said Rieder.
"NOOW is making digital art into a collector's object and creating a value for it."
Swiss Telecom Company Is Bringing Crypto Collectables to TV
gepubliceerd op May 24, 2019
by Coindesk | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.