The electronic manufacturer announced it has linked up with Theta in an SRD NFTs project The NFTs will be hosted on ThetaDrop Japanese consumer electronic products manufacturer Sony has partnered with Theta Labs, creator of the decentralised video streaming network Theta to launch two collections of 3D NFTs, exclusively designed for display on its Spatial Reality Display, SRD. Sony’s SRD is the electronic giant’s display that allows users to view objects in 3D without the glasses or all the complicated gear associated with the ‘usual’ experiences in virtual reality. Its operation is such that it tracks the movement of the eyes and tweaks the display perceived by the user as they move/ tilt their head. This tablet-like device enables users to gain the sensation of a solid 3D obj...
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India’s NSDL and CDSL will control maintenance nodes for the new decentralised network Elsewhere, a council responsible for indirect taxes in India is considering a 28% tax on crypto-related activity Celebrating its 25th anniversary at the end of last week, the National Securities Depository (NSDL), based in Mumbai, launched a blockchain-based or Distributed Ledger Technology (DLT) platform for debenture covenant monitoring. The platform was created as a product of collaboration between the NSDL and the Securities and Exchange Board of India (SEBI) to enhance securities and covenant monitoring. In effect, it should help bring more clarity and discipline to the market. It will expand to involve other regulators The DLT platform will function by providing an immutable trail of transact...
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The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public. While the idea of fetching a six-figure payday for the latest trending digital art piece has been a major factor in the attention placed on the sector, the truth is that the crypto industry has only scratched the surface of what NFT technology is capable of. Here’s a rundown of some of the next frontiers in the development of NFT technology that has the potential to make substantial changes in everyday life. Medical records and identification Medical records and identification documents are vital pieces of information that are easy to misplace and difficult to replace, even in the digit...