A tech firm, Tech Bureau Inc. has partnered with a Swiss Watchmaker, Chronoswiss to launch an online store for wristwatches. These timepieces have been customized with a cryptocurrency and as such, you’ll find one for Bitcoin, Ethereum, NEM, Zaif, and COSMA. The certificate of each has also been uploaded to the NEM Blockchain in a bid to prevent counterfeiting.
Crypto Enthusiasts Get Digital Assets As Part on Their Everyday Life
Crypto enthusiasts who want a digital asset to be a part of their everyday life can now get a wristwatch showing off their favorite coin. For each cryptocurrency, only 101 watches have been made, but the company has not revealed if more will be made in future. These are all luxury timepieces that were designed by combining traditional methods with digital technology.
Timepieces labeled as Bitcoin, Ethereum, NEM, Zaif, and COSMA have been tagged as The Currency, The Contract, The Harvest, The Exchange, and The Token respectively. The watches can be purchased from the online store that has been specifically designed for the sale of these items.
Certificate of Watches Stored on NEM Blockchain
The LuxTag blockchain which is based on the NEM platform has been employed in storing the unique ID of these watches. As a result, a fake will be very easy to spot and it will discourage counterfeiting. Also, a buyer will be confident that the timepiece they have purchased is the real deal.
Oliver Ebstein, founder, and CEO of Chronoswiss commented that this was a homage paid to cryptocurrencies. The traditional method of designing watches has been paired with digital technology through the use of virtual currencies. The CEO also added that Blockchain technology was the future, therefore, it was natural to be open-minded about it.
Chronoswiss is a Swiss watchmaking industry that has been designing watches since 1983. Tech Bureau Holdings, on the other hand, provides services using Blockchain technology. They pointed out that their collaboration with the Chronoswiss has helped to actualize their dream of designing cryptocurrency inspired watches.
More Online Stores Are Encouraging the Use of Digital Assets
It was earlier reported that Bitcoin is an accepted means of payment on an online store that caters for Zimbabweans. This is a store whose services provides basic foodstuff as well as toiletries to its customers. It aims to make these goods easily accessible and more affordable to ordinary people even in the face of economic instability.
Humans.net is another online platform that uses Blockchain technology to power its search engine. This freelancer marketplace enables service providers to scan their fingerprint as a means of verifying their identity. The ID is then stored on Blockchain to make it automatically verifiable. This also takes away the need for middlemen to do so.