Hong Kong, February 22 The American company RMS Titanic Inc (RMST), solely responsible for the recovery of elements from the wreckage of the British ocean liner Titanic, today announced a partnership with two Hong Kong companies to bring the ship and its relics on Web3 in NFT (non-fungible token) format.

The company said in a statement that the collection will feature a limited edition of NFT, a collectible digital asset that uses “blockchain” technology to ensure its exclusivity and authenticity, and that its buyers will form the first Titanic-themed community. in the so- called Web3, which encompasses decentralization and cryptocurrencies.

Hong Kong’s first virtual asset manager to be approved by the Hong Kong Securities and Exchange Commission, VSFG will lead the structure of the transformation of intellectual property into NFT, enabling the raising of capital for research, preservation and exhibition. licensing of RMS Titanic’s digital assets.

For its part, Artifact Labs, also from Hong Kong, will launch the DAO (Decentralized Autonomous Organization, a form of association based on algorithms popular among cryptocurrency fans) of the luxurious ship, and its members will be able to participate in initiatives. such as future Titanic wreck diving expeditions or the development of educational programs, RMST said.

“As custodians of the wreckage of the Titanic, we are determined to ensure that its artifacts are preserved in perpetuity and accessible to future generations. We believe entering the digital space allows us to reach a wider audience with quality programming that educates and inspires,” RMS Titanic President Jessica Sanders said in the release.

Some 5,500 physical artefacts recovered from the British liner will be stored digitally, the company said.

Precisely this Wednesday, the finance secretary of the semi-autonomous city, Paul Chan, said that Hong Kong will allocate 50 million HK dollars (6.3 million dollars, 5.9 million euros) to accelerate the development of the third generation Internet ecosystem by organizing international seminars and workshops for young people, and highlighted the “enormous potential” of Web3.

In addition, Chan expressed his hope that these breakthroughs will help industry and businesses better understand the development of borders and promote cooperation between businesses in different sectors. ECE

msc/yy/ah

Categorized in: