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    Home»Application»Shinsegae I&C Launches Specialized “Sparos NFT” for Retail
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    Shinsegae I&C Launches Specialized “Sparos NFT” for Retail

    Jack NguyenBy Jack NguyenMarch 23, 2023No Comments2 Mins Read
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    Shinsegae IofC announced on March 23 that it will launch “Sparos NFT”, a specialized non-fungible token (NFT) service for the retail industry. ‘Sparos NFT’ is a blockchain authentication service, and anyone can use it quickly and easily by linking it to the API method even without blockchain technology or infrastructure.

    According to the company, Sparos NFT can be applied to the company’s existing website (WEB) or application (APP) without separate technology development to rapidly expand the blockchain service, and customers using a crypto-wallet application separate currency. It’s easy to check and use the NFT you have without installing . In addition, it is specialized for the retail sector and was set up to issue various services related to the customer experience of companies, such as digital certificates and member benefits as NFTs, explained the society.

    Shinsegae I&C developed the Sparos NFT service as a cloud-based NFTaaS (NFT as a Service) in cooperation with AWS, and introduced Hexlant’s virtual wallet solution technology to simplify the issuance and issuance process of NFTs.

    Sparos NFT is an NFT that can track and manage the entire lifecycle of a product, including production, processing, distribution and transaction, including an NFT-like digital guarantee that cannot be tampered with or falsified when trading luxury brands on e-commerce and resale (resale) platforms can be used as a service. It is also expected to extend to various marketing activities related to the retail sector, such as issuing PFPs (Profile Pictures) to build customer loyalty, issuing NFT-type membership coupons and the sale of NFTs linked to physical products.

    “Sparos NFT is an NFTaaS that anyone can easily extend by adding blockchain technology to existing services without separate infrastructure or technology development,” said Kim Eun-kyung, Director of R&D at Shinsegae I&C. He said, “We expect to be able to deliver innovative changes and value in terms of new customer experiences that retail companies envision in the age of Web 3.0.”

    “We plan to work closely with Shinsegae I&C to create new value using NFT and blockchain technology in the retail industry,” said Vice President Ryu Chun of Hexlant.
    editor@itworld.co.kr





    Source: Internet

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