Switzerland national postal service to debut crypto stamp
The Swiss crypto stamp is a digital collectible linked to a traditional physical stamp issued by the Swiss Post. The national postal service of Switzerland is working to bridge the gap between physical stamps and the digital cryptocurrency industry by introducing tradable digital stamps.On Sept. 20 the Swiss Post officially announced the upcoming launch of the “Swiss crypto stamp,” a digital collectible linked to a physical stamp issued by the postal service worth 8.9 francs.The Swiss crypto stamp would provide a digital representation for a physical stamp and will be stored on a....
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Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available.
Demand for First Crypto Stamp Overwhelms Swiss Post’s Online Store
Swiss Post announced the “crypto stamp” initiative in September when it was presented as an attempt to “bridge the gap between the physical and digital worlds in philately.” The state-owned....
PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchain industry and have successfully sold out several iterations of Crypto stamps since 2019. Previous generations of Crypto stamps, however, mostly centered the sale around the physical stamp which was accompanied by its digital twin.
The launch of the CSA is planned on July 22, 2022,....
The Austrian post is set to incorporate near-field communication to its award-winning nonfungible token digital postage stamp. Oesterreichische Post AG — Austria’s postal service — is set to adopt even more digital technology protocols for its nonfungible token (NFT) postage stamps.In a recent announcement, the Austrian Post revealed plans for incorporating near-field communication (NFC) chips in Crypto Stamp 3.0 — the third iteration of its limited-edition NFT postage stamp collectible series.These embedded NFC chips will allow stamp owners to verify the authenticity of the physical stamp....
The U.S. Postal Service has been investigating possible ways to use blockchain technology to provide services to customers more efficiently and improve their bottom line. Blockchain technology could soon be used to deliver post office financial services, identity services, supply chain management, and device management. A new report examines these....
The U.S. Postal Service has identified a number of ways that blockchain technology can improve its services and make it a more relevant player in global commerce, according to a report, “Blockchain Technology: Possibilities for the U.S. Postal Service.” The postal services’ Office of Inspector General (OIG) contracted with Swiss Economics to better understand blockchain and identify potential areas of interest for the Postal Service. The postal service could use blockchain technology to improve the back-end of its financial products like money orders and international money transfers. A....