File-sharing service on the internet WeTransfer is collaborating with blockchain platform Minima to introduce non-fungible tokens (NFTs) to the network, enabling users to create NFTs straight from their smartphones.
Minima is a mobile-optimized Layer 1 blockchain and peer-to-peer network. Its ultra-lean protocol, according to its website, will enable users to “operate a full constructing and validating node,” resulting in what they believe will be a truly decentralized network.
The blockchain’s native currency is the Minima coin, which enables peer-to-peer exchanges between users without the need for a third party. The platform is now in the testnet stage and will go live in 180 countries in March.
The collaboration with WeTransfer would enable blockchain users to “transfer their digital assets and effectively collect income,” according to a news statement from the firm.
According to Minima CEO Hugo Feiler, this collaboration will investigate the practical application of NFT technology, which will be a test case to illustrate the prospects for wider adoption of this revolutionary digital tool.
Many Web 2 file-sharing firms have expanded their operations by digging deeper into blockchain technology.
In October, Google launched a cloud-based blockchain node service for Ethereum, while Amazon’s cloud business, Amazon Web Services (AWS), is hiring to expand its Web 3 products.
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