Web3 platform NFT Workx has partnered with Unstoppable Domains, a popular web3 digital identity and domain issuer, to introduce the first tokenized identity solution for Real World Assets (RWAs).
As part of this collaboration, NFT Workx is launching the .WRKX top-level domain (TLD), allowing users to navigate web3 using unique “Name.WRKX” digital identities.
This integration will allow users to securely send and receive cryptocurrencies and NFTs, and establish digital communities on web3 using branded domain extensions.
Source: NFT WorkxBringing Tokenized ID to a Wider Community
NFT Workx issues buyers with a unique digital collectible for each purchase, stored in their secure NFT Workx wallet app, and this recent integration aims to provide verifiable proof of authenticity for physical assets sold through NFT Workx’s eCommerce platform, mobile app, and third-party platforms like Shopify and WooCommerce.
Sandy Carter, COO of Unstoppable Domains, commented on this partnership saying, “The genius of NFT Workx is that it provides a simple, seamless value proposition for web3. By creating Digital Collectibles of products at the point of sale via a range of major e-commerce platforms such as Shopify and WooCommerce, NFT Workx is a compelling demonstration of the power of web3 to reduce fraud, strengthen consumer protection, and navigate digital identity in the decentralized future.”
Adam Leese, CEO of NFT Workx, highlighted the importance of tokenized IDs, “As experts like Larry Fink have recognized, tokenized IDs are crucial to reducing fraud, money laundering, and corruption. Thanks to Unstoppable, we can now create a list of domains that are associated with trademarks or well-known individuals and prevent these domains from being made available for purchase.”
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
Blockchain enthusiast and lifelong gamer.