Category: DeFi

Preserving Polish Art Through Blockchain and Arctic Storage

Blockchain Meets Cultural Heritage Preservation

Poland’s bank Pekao is trying to preserve its cultural heritage with blockchain technology. Pekao has partnered with Aleph Zero in order to carry out this project. This innovative project, Archiv3 aims to digitalize and tokenize famous Polish artworks to ensure their easier accessibility and make them more secure for future generations.

Tokenizing Art and Storing it in the Arctic Vault

Archiv3 uses 3D scanning technology to convert physical artwork into Non-Fungible Tokens (NFTs) on eco-friendly Aleph Zero Blockchain. These NFTs are then stored in the Artic World Archive, which is a highly secure facility situated in Norway. Arctic World Archive is a crucial storage designed to store important information in case of cyber threats and disasters.

The Role of Blockchain in Safeguarding Cultural Assets

This innovative initiative by Bank Pekao highlights the fusion of traditional, cultural artwork into modern technology. This initiative ensures long-term preservation of cultural assets. This project along with other several projects going on currently shows the increasing role of Blockchain in digital asset management.

Donald Trump to Launch World Liberty Financial DeFi Project on September 16

Wyoming, U.S.A. The former President of the United States of America, Donald Trump, is releasing the date of the launch of his new decentralized finance, DeFi crypto creation, the World Liberty Financial.

In a new video update on the social media X, the Republican presidential nominee has stated that his DeFi platform that he has stated many times will be an opportunity to help those that the standard banking structures have locked out, will be going live on Monday, the 16th of September.

He says,

“Join me live on Twitter Spaces at 8pm, September 16th, for the launch of World Liberty Financial. We’re embracing the future with crypto and leaving the slow and outdated big banks behind.”

Earlier this month, the project issued the following statement regarding its roadmap: “The idea behind this project is to share the experience of USE, educate people about the US dollar-pegged stable coin, and introduce the topic of decentralized finance around the world”.

According to World Liberty Financial, stablecoins are the very essence of DeFi, and, therefore, they want to maintain that US dollar-linked tokens are the global settlement layer for DeFi protocols.

“Our mission is crystal clear: make crypto and America great by driving the mass adoption of stablecoins and decentralized finance. We believe that DeFi is the future, and we’re committed to making it accessible and secure for everyone.

By spreading U.S.-pegged stable coins around the world, we ensure that the US dollar’s dominance continues, securing America’s financial leadership and influence on the global stage.”

The project also shared that it is in partnership with cybersecurity firms and one of the largest decentralized finance platform, Aave (AAVE). Trump announced the plans for a project launch in early August already. It was popular at the time with the name called The DeFiant Ones.

Read More: Big Money Returns to Crypto! $436 Million Invested Again

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