Blockchain-as-a-Service Provider Seracle Debuts Web 3 NFT Platform for Corporates July 14, 2022 July 14, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJuly 14, 2022 by Kelly Cromley

Blockchain-as-a-Service Provider Seracle Debuts Web 3 NFT Platform for Corporates

Seracle, a Blockchain-as-a-Service (BaaS) platform, has announced the development of Web 3.0 non-fungible token (NFT) infrastructure for brands and corporates across industries. This infrastructure will assist these entities in the creation of their own individualized NFT markets.

In a press statement, the firm said that the infrastructure is appropriate for use by businesses and brands operating in industries such as entertainment, e-commerce, gaming, social media, fashion, sports, art, augmented reality, and virtual reality.

Seracle provides comprehensive solutions for the NFT sector, which include product development, business operations, and marketing. According to Seracle, the NFT infrastructure solution does not have any geographical restrictions and may construct a platform with appropriate payment options, such as fiat or cryptocurrency, based on the requirements of the customers.

In addition, using Seracle’s NFT infrastructure, a marketplace can be established in a matter of weeks with complete and total branding and personalization at a cost that is 80 percent lower than conventional methods. According to Seracle, businesses do not need the employment of any engineering personnel in order to run the platform.

According to Shrikant Bhalerao, cofounder and Chief Executive Officer of Seracle, “The NFT sector is a terrific approach for companies to reach out to their target demographic, which ranges in age from 18 to 35.” In addition to this, by being a part of the prospective arena that is currently disrupting traditional marketing, it provides the brand with a competitive advantage over its rivals. With the recent introduction of our NFT infrastructure, we want to facilitate the smooth entry of brands into the market. The architecture of Seracle Web 3.0 was designed to provide a platform that is 100 percent customizable, cost-effective, rapid, and strong for firms who like staying ahead of the competition.

In related news, authorities all across the world have demanded that major stablecoins conform to the same precautions as conventional methods of monetary exchange. On Wednesday, the International Organization of Securities Commissions (IOSCO), a global body for securities regulators, and a committee at the Bank for International Settlements (BIS), a forum for central banks, announced that they had formally adopted proposals that were put up for public consultation in October of last year in this regard.

Elsewhere, Ethereum co-founder Vitalik Buterin has reacted to yet another critic of the Proof-of-Stake (PoS) mechanism, calling the complaint an “unmitigated bare-faced falsehood.” He said this when responding to the critic. Buterin’s tweet was a reaction to statements that were published on Twitter and used Ethereum’s PoS voting as “evidence” of it being security. These remarks were shared in response to a tweet by Buterin.

Swan Nick Payton, the managing editor of Bitcoin, has previously shared his opinions about Proof of Stake (PoS) and the voting that permits changes to the network. He said that this demonstrates that Blockchain networks are secure.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.