Report: Samsung Signs MOU to Build Galaxy NFT Ecosystem

2 years ago

Korean physics goods shaper Samsung Electronics precocious signed a memorandum of knowing (MOU) with six companies that volition collaborate to physique the Galaxy NFT ecosystem.

Galaxy NFT Ecosystem

South Korean electronics maker, Samsung Electronics, precocious signed a memorandum of knowing (MOU) with six companies to physique the alleged “Galaxy NFT [non-fungible token] ecosystem,” a study has said. The signing paves the mode for Samsung Electronics to commencement enactment connected connecting the virtual and existent satellite utilizing NFTs.

According to a report connected the Korean connection quality tract News1, the six companies that signed the MOU with the electronics elephantine see Alllink, Digital Plaza, e-cruise, Shilla Duty Free, Show Golf, and Theta Labs. Theta Labs is Samsung Electronics’ NFT issuance spouse portion Alllink is the authentication solution partner.

In remarks pursuing the physics goods maker’s announcement, an unidentified institution authoritative said:

Samsung Electronics volition proceed to innovate the lawsuit acquisition that connects the virtual satellite and the existent satellite utilizing NFT with assorted partners.

Meanwhile, the News1 study said that Samsung Electronics plans to widen benefits that see discounts to users oregon holders of the New Galaxy NFT, who spell done the NFT certification process. As per the report, the envisaged NFT certification process volition beryllium done astatine the remaining 4 companies, namely Digital Plaza, e-cruise, Shilla Duty Free, and Show Golf.

Prior to the signing of the latest MOU, Samsung Electronics unneurotic with Theta Labs had, according to the report, “presented the New Galaxy NFT successful the signifier of a smartphone and tablet design.”

What are your thoughts connected this story? Let america cognize what you deliberation successful the comments conception below.

View source