0xcert, an open protocol built to support the future of unique digital assets, powered by NFTs (non-fungible tokens) and Wanchain, the distributed financial infrastructure powered by cross-blockchain smart contracts with privacy protection, announced today a strategic alliance for the implementation of the non-fungible tokens standard on Wanchain.
The 0xcert team just recently completed the first-ever ICO with the successful implementation of ERC-721 tokens in the KYC procedure.
This new partnership was built around the idea of fostering an ecosystem in which developers would not be limited by one single blockchain, but could utilize cross-chain functionality along with the much-needed component of privacy – a key advantage of Wanchain.
0xcert is one of the first projects aiming to provide a full framework that would enable frictionless implementation of the standard and allow non-blockchain developers to build DApps on top of it. In turn, these DApps will be able to digitally represent and verify ownership of unique assets such as land titles, artwork, collectibles, and other one-of-a-kind valuables. With Wanchain all of this will now also exist on the Wan network, plus the added privacy and the cross-chain ability.
Of key importance for both 0xcert and Wanchain is providing the ability to exchange digital assets while at the same time ensuring security, privacy and a verification standard for all parties involved in the transaction of digital assets. Another major shared goal is to grow the ecosystem, with 0xcert and Wanchain providing infrastructure and support for blockchain startups as well as traditional companies.