File Sharing Service WeTransfer Partners With Blockchain Platform Minima on Mobile NFT Solution

File Sharing Service WeTransfer Partners With Blockchain Platform Minima on Mobile NFT Solution

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Digital file-sharing service WeTransfer is partnering with blockchain platform Minima to launch non-fungible tokens (NFT) on the network, allowing users to generate NFTs directly from their phones.

Minima is a layer 1 blockchain and peer-to-peer network optimized for mobile use. According to its websiteIts ultra-lean protocol will allow users to “run a full constructing and validating node,” creating what they hope to be a fully decentralized network.

The blockchain uses the Minima coin as its native currency to enable peer-to-peer transfers between users without the need for a third party. The platform is currently in its testnet phase and plans to go live in March in 180 countries.

The partnership with WeTransfer will allow users of the blockchain to “share their digital assets and efficiently collect revenue,” the company said in a press release.

“This partnership will explore the practical use of NFT technology, something which interests not only the crypto industry, but will be a test case to demonstrate the potential of wider adoption of this innovative digital tool,” said Minima CEO Hugo Feiler.

Several Web 2 file-sharing services have been delving deeper into blockchain technology to expand their offerings. Google introduced its cloud-based blockchain node service for Ethereum in October, while Amazon’s cloud service, Amazon Web Services (AWS), is hiring staff to build out its Web 3 products.


Sign up for The Node, our daily newsletter bringing you the biggest crypto news and ideas.

By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our terms of services and privacy policy.

DISCLOSURE

Please note that our

privacy policy,

terms of use,

cookies,

and

do not sell my personal information

has been updated

.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a

strict set of editorial policies.

CoinDesk is an independent operating subsidiary of

Digital Currency Group,

which invests in

cryptocurrencies

and blockchain

startups.

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of

stock appreciation rights,

which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG

.

Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.


Learn more about Consensus 2023CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.

Read More

Total
0
Shares