Samsung-backed university to launch NFT for graduates

A gift in the form of NFT to students for winning the competition!

South Korea’s Sungkyunkwan University will issue non-fungible token (NFT) certificates to three students who win in-school competitions at an upcoming online graduation ceremony on Wednesday.

Sungkyunkwan University said that NFT certificates can be used at any time as official proof of graduation without the risk of losing the original.

The South Korean conglomerate Samsung joined the university’s foundation as a major partner and sponsor in 1996, renewing a previous partnership from the 60s and 70s.

South Korean universities such as Sunsil University and Chung-Ang University have recently partnered with local blockchain developers to incorporate NFT and metaverse technologies into their graduation services.

Sungkyunkwan University will use blockchain technology to issue other types of certificates as part of its digital transformation, local media reported.

Let’s note and talk in more detail about the fact that Samsung is a member of the metaverse and is actively working with NFT

Samsung held a presentation of its new smartphones in 2022 in the metaverse

A few days before Galaxy Unpacked 2022, Samsung made a statement that the presentation of new smartphones will take place in a virtual world called Decentraland, in which a computer version of the store was created. Alas, as a result, the audience was dissatisfied.

At the beginning of the presentation, about 1.5 thousand (!) users gathered on the server. People stood in line, but nothing happened at the appointed time. A traffic jam formed at the entrance, and night fell in the metaverse.

A small part of the audience was able to get to the event. There in front of them was a screen with the same official broadcast as on YouTube.

“Welcome to the Metaverse where watching what everyone else is watching takes a lot more steps and you end up missing the start,” Russell Holley, who “attended” the media editor’s virtual presentation on CNET technologies, tweeted.

Samsung and NFTs

Samsung has unveiled its “NFT aggregation platform” backed by exclusive smart TV launches. According to Samsung, users can view and exchange NFTs through their MicroLed, Neo QLED, and The Frame models.

The platform will literally work as an aggregator, displaying NFTs from multiple trading platforms on the users screen. In addition to showing the NFT, the platform will also display relevant details, including the name of the creator and the corresponding blockchain metadata. In addition, users can also showcase their NFT valuables using the platform.

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