In a recent announcement, BUILD.5 has formed a partnership with NMKR to incorporate Cardano Tokenized assets into its enterprise platform. This collaboration will also lead to the expansion of the digital twin capabilities on the Cardano blockchain.
BUILD.5, known for its development of Cardano-based NFT and asset tokenization products, has joined forces with NMKR to introduce Cardano Tokenized assets to its enterprise platform. NMKR, a leading developer in the Cardano space, will enhance the digital twin capabilities on the Cardano blockchain through this partnership.
Adam Kundrat, the lead developer and creator of the BUILD.5 platform, expressed his satisfaction with the collaboration, stating that NMKR’s design philosophy and approach align perfectly with their mission. The addition of NFT and tokenization features from NMKR will provide enterprise customers with the ability to mint digital twins on Cardano, expanding the impact of both projects and the supported Layer 1 solutions.
The Tokenization of Real World Assets (RWA) is considered a crucial step towards wider adoption of blockchain technology. The report emphasizes that this process enables the transformation and digitization of industries by incorporating technologies such as confidential computing, cloud, edge, and federated AI. The BUILD.5 enterprise platform aims to address the challenges hindering mass adoption of decentralized technology. It offers a unified interface, modular features, and underlying infrastructure that seamlessly integrates with existing enterprise systems.
BUILD.5 has introduced the BUILD.5 Marketplace, which differs from traditional dApp stores. It serves as a master planning system, allowing ecosystems leveraging the platform to create their own decentralized economies of scale and expandable service capacities. The Marketplace has the flexibility to integrate various flavors of web3.
The iDOS Framework lies at the core of the BUILD.5 platform. It is a suite of production tools exclusively available on the IOTA network. The platform’s battle-tested code base enables swift iteration with enterprise partners, facilitating the addition of new features and demos at lightning speed. The demand for the BUILD.5 platform is evident as enterprises worldwide engage with the team to execute their strategic plans. The team even completed a custom use case for a Fortune 100 partner within just five days, showcasing the platform’s power.
In response to this announcement, NMKR has experienced a surge of 6% in the past 24 hours and 17% in the last seven days. NMKR recently revealed a partnership with Wolfram Blockchain Labs, a subsidiary of Wolfram Research, to help organizations achieve their Web3 goals.
Patrick Tobler, CEO and founder of NMKR, expressed excitement about collaborating with Wolfram Blockchain Labs, believing that this partnership will result in the best possible solution for the NFT community.
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