Header

Ticker

6/recent/ticker-posts

Samsung Signs MOU with Six Companies to Establish Galaxy NFT Ecosystem

Samsung Signs MOU with Six Companies to Establish Galaxy NFT Ecosystem

Samsung Electronics, the Korean electronics giant, recently signed a memorandum of understanding (MOU) with six companies to collaborate in building the Galaxy NFT ecosystem.


Samsung Electronics, the South Korean electronics giant displays latest mobile phone models


The Galaxy NFT Ecosystem

Samsung Electronics has recently signed a memorandum of understanding (MOU) with six companies to build the so-called "Galaxy NFT (non-fungible token) ecosystem," a report has said. The signing paves the way for Samsung Electronics to begin work on connecting the virtual and real worlds using NFTs.

The Korean language news site News1 has reported that the six companies that signed the MOU with the electronics giant include Alllink, Digital Plaza, e-cruise, Shilla Duty-Free, Show Golf, and Theta Labs. Samsung Electronics is the NFT issuance partner, while Alllink is the authentication solution partner.

In an announcement, the company official said:

"Samsung Electronics will continue to innovate the customer experience that connects the virtual world and the real world using NFT with various partners."

The News1 report said that Samsung Electronics plans to extend benefits that include discounts to users or holders of the New Galaxy NFT who go through the NFT certification process. The envisaged NFT certification process will be done at four companies, namely Digital Plaza, e-cruise, Shilla Duty-Free, and Show Golf.

Before the signing of the MOU, Samsung Electronics, together with Theta Labs, had "presented the New Galaxy NFT in the shape of a smartphone and tablet design," the report added.


Post a Comment

0 Comments