April

MultiversX

<div class="playHtListenArea"><div id="playht-audioplayer-element"></div></div>The National Institute for Research and Development in Informatics, also known as ICI, announced its plans&nbsp;to launch a decentralized services platform featuring non-fungible token (NFT) trading platform on MultiversX, a leading blockchain technology provider, on April 26.The platform, named “ICI Decentralized Services,” is set to launch on April 26 and marks one of the first government initiatives in Romania to embrace the digital asset ecosystem.During the official launch, the <a href="https://www.ici.ro/" rel="noopener noreferrer nofollow">ICI</a> Decentralized Services platform will feature several NFT collections for purchase, featuring prominent Romanian sports teams, athletes, and libraries.Furthermore, the ICI will be launching its own NFT collection, “Past Present Future,” which will highlight significant scientific breakthroughs and technological advancements from the last 50 years.<a href="https://crypto.ro/en/news/multiversx-partners-with-tencent-to-expand-web3-offerings/" rel="noopener noreferrer nofollow">MultiversX</a>‘s CEO and co-founder, Beniamin Mincu, expressed enthusiasm for the project, noting the value proposition of digital property in the blockchain space.<blockquote>“The ability of any kind of value to become digital, liquid, instantly, and globally tradeable will give the world economy superpowers, drastically reduce bureaucracy, and guarantee ownership over assets for anyone, anywhere.”, Mincu said.</blockquote>This innovative partnership marks an essential step towards promoting economic growth in the region, as <a href="https://crypto.ro/en/news/eu-lawmakers-vote-to-impose-e1000-cap-on-unverified-crypto-wallets/" rel="noopener noreferrer nofollow">European governments</a> increasingly look to integrate new technologies into their development strategies.The ICI Decentralized Services platform is just the beginning for the Romanian government agency.In a recent <a href="https://www.ici.ro/ro/anunturi/lansare-ici-dservices/" rel="noopener noreferrer nofollow">press release</a>, the ICI outlined its plans to explore the tokenization of various institutional ecosystems, such as education, intellectual property, and real estate, in an effort to equip society with the tools necessary for trading and managing digital assets.This project has been described as “a noteworthy step towards innovation” by the National Institute for Research and Development in Informatics. It aims to develop and build a framework for a sustainable and secure economy, which benefits the interaction between citizens, businesses, and institutional entities in decentralized digital ecosystems.

Romania to launch Government-Backed NFT trading platform on MultiversX

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