The nationwide postal service for Switzerland is planning to launch the “Swiss Crypto Stamp”.
In line with a press release issued by Swiss Post, which “points round 50 completely different new stamps annually”, on November 25 it should “launch a really completely different kind of stamp, representing a milestone in Swiss stamp historical past – the Swiss Crypto Stamp, the primary of its form in Switzerland,” which can permit Swiss Submit to “bridge the hole between the bodily world of stamps and the digital crypto-universe.”
Right here is how Swiss Submit describes its crypto stamp:
“At first look, the Swiss Crypto Stamp seems to be like several bizarre stamp. It’s self-adhesive, reveals the Matterhorn and the moon on a blue background, and has a face worth of 8.90 francs. Homeowners can use it to frank postal objects similar to some other stamp. However the precise crypto stamp is digital. and it’s a digital collector’s merchandise. Each bodily Swiss Crypto Stamp gives entry to a digital stamp saved in a blockchain.“
In line with a report by Cointelegraph, a spokesperson for Swiss Submit advised them:
“Every design types a nonfungible token and is saved within the Polygon Blockchain.“
The press launch went on to say:
“When buying a Swiss Crypto Stamp, clients don’t know which digital design is linked to it. Patrons solely uncover what the digital twin of their bodily stamp seems to be like after they go surfing. That is accessed through a QR code printed subsequent to the bodily stamp. By scanning this code, clients can view their digital crypto stamp on-line.
“What’s outstanding is that the digital crypto stamps are available in 13 completely different designs. Some are extra widespread, whereas others are a lot rarer and extra coveted. There are 65,000 copies of the commonest digital design, however simply 50 of the rarest. One factor is obvious: the Swiss Crypto Stamp means amassing, exchanging and buying and selling stamps has gone digital, too.
“The Swiss Crypto Stamp is being launched on 25 November 2021 in a problem of 175,000. Switzerland’s first crypto stamp will probably be out there from this date at chosen Swiss Submit branches.“
The views and opinions expressed by the writer, or any individuals talked about on this article, are for informational functions solely, and they don’t represent monetary, funding, or different recommendation. Investing in or buying and selling cryptoassets comes with a danger of economic loss.