South China Morning Post to tokenize 118-year-old archive with NFTs
Hong Kong landmarks like the Kowloon Walled City will be tokenized and showcased in The Sandbox Ethereum-based metaverse. Veteran Hong Kong-based newspaper South China Morning Post (SCMP) is creating a series of NFTs using a new token standard called “ARTIFACT,” designed to preserve historical assets on the blockchain.In its ARTIFACT Litepaper, SCMP presents an overview of the project, which is a standardized metadata structure that can be used to ensure that key moments from SCMP’s 118-year-old archive of media assets can be preserved through distributed ownership and circulation.Gary....
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The South China Morning Post, which was founded in Hong Kong in 1903, has become Asia’s first news organization to support a new blockchain standard for connecting, discovering, and collecting historical and archive items. South China Morning Post Forays Into NFTs According to a press release, the newspaper will use non-fungible token (NFT) technology to […]
Industry experts have said that China is set to lead the way with the use of blockchain as it reinforces the development of digital intelligent services, reports the South China Morning Post. According to the report, this development is running alongside plans by the country’s telecommunications industry as it works at rolling out 5G mobile services by 2020. Vijay Mayadas, the vice-president of corporate strategy and head of blockchain strategy at Broadridge Financial Solutions, said to the South China Morning Post, that: When 5G, the Internet of Things and autonomous driving start to get....
In an article published today, a writer for the South China Morning Post — Hong Kong’s newspaper of record and the leading English-language newspaper in the country — explores why bitcoin is finding favor among investors in China. There is a heightened buying of bitcoin in China as the cryptocurrency becomes the “new darling” of investors in mainland China, writes Daniel Ren of the South China Morning Post (SCMP). He cites a weakening stock market and the Chinese yuan’s furthering devaluation and the expectations surrounding the drop as the driving factors behind investors’ adoption of the....
Rumors are circulating on the web that the People's Bank of China website was attacked on Thursday morning via a distributed denial of service attack by those angry at recent orders for payment processing companies to stop working with bitcoin exchanges. "Mr. Shangkong" at the South China Morning Post makes the claim, and apparently, Chinese media outlets are blaming this attack on "foreign bitcoin investors". As for the People's Bank of China - they say the downtime was attributed to "fixing web", which we have no idea what that means exactly, but can only assume fixing a technical issue....
Chinese e-commerce behemoth Alibaba has surprised the crypto world by launching a non-fungible token marketplace. According to the South China Morning Post, Alibaba’s NFT marketplace not only allows users to buy and sell NFTs, but also license intellectual property (IP) copyrighted by blockchain technology. The marketplace is targeting creators such as musicians, writers, artists and […]