ONTARIO, CA, Apr 15, 2022 – (ACN Newswire) – UREEQA, a number one digital validation firm serving to creators to guard, handle and monetize inventive work, has at this time introduced the launch of its new Validation-as-a-Service (VaaS) answer, designed to sort out NFT fraud and shield NFT creators.
Certainly, any answer will contain validating a creator’s identification. However, Ureeqa was conceived of the notion that it was as essential to validate the authorship and possession of each creation as effectively, an element missing in present NFT marketplaces, most of which give attention to the benefit with which inventive items may be initialized and bought.
UREEQA’s distinctive platform fixes this by using its VaaS answer to generate a Package-of-Proof(TM) and a Responsibly Minted(TM) NFT, which come collectively to function proof that the creator and the creation have been authenticated and are reputable.
“The initial exchange models were adopted by NFT marketplaces on the fly, hurried and so demand-focused that it enabled bad actors to take advantage of the situation,” UREEQA CEO Kirk Fergusson stated. “Efforts need to be made to curb the abilities to perpetrate fraud as easily in the first place. Then, we have the answer with a patented process and blockchain-based solution that can be integrated into most NFT platforms.”
UREEQA’s revolutionary system — which has been tried and examined by famend artists on the corporate’s personal market — is a creator-centric hybrid strategy to validation and IP safety. The platform’s patented validation course of allows verification by way of a centralized mannequin, whereas producing a Package-of-Proof on the blockchain for anybody to see in decentralized trend.
Any ETH-based NFT gross sales platform can combine the core elements of the UREEQA platform into their market, similar to that. And so can also any public sale home or creator affiliation.
Participating marketplaces can visibly delineate creations which have gone by way of this thorough evaluation course of — highlighting the additional steps that creators have taken to instill confidence amongst potential purchasers.
“Building scalable world-class NFT marketplaces to address early adopter demand has taken considerable effort over the past year,” Fergusson added. “At UREEQA, we’ve spent the last 18 months building a validation solution designed to support creators first and foremost — and this patented technology is now available to NFT marketplaces to eradicate fraud and instill trust in the creations they’re offering through their platforms. By leveraging our VaaS solution, NFT marketplaces can quickly work to stamp out fraud while preparing their marketplaces for broader mass market adoption.”
Established in Canada in 2020, UREEQA is modernizing the inefficient and bureaucratic programs presently in place for copyright safety. By constructing a strong and compelling Package-of-Proof(TM) for supply inventive work, UREEQA solely mints Validated NFTs to signify inventive rights. This helps hold consumers protected by giving them confidence that the work they’re buying was minted by the good contract authorized by the creator of the work and is due to this fact genuine.
The UREEQA platform strives to guard creators’ work, their rights and their income by harnessing the facility of blockchain expertise. UREEQA supplies worth and alternatives for its creators, validators and token holders by way of URQA, the token on the coronary heart of the UREEQA ecosystem. For extra info on UREEQA and upcoming bulletins, please go to our web site, be part of our Telegram channel and Discord server, and observe us on Twitter, Instagram and LinkedIn.
– Website: https://www.ureeqa.com/
– Discord: https://discord.com/channels/756566642418384906/824682437417369654
– Instagram: https://www.instagram.com/ureeqa_inc/
– LinkedIn: https://www.linkedin.com/company/ureeqainc/
– Telegram: https://t.me/UREEQA
– Twitter: https://twitter.com/UREEQA_Inc
Statements on this article, together with any statements regarding UREEQA’s future plans and aims or anticipated outcomes, might embrace forward-looking statements. Forward-looking statements are primarily based on quite a few assumptions and are topic to the entire dangers and uncertainties inherent in expertise improvement and commercialization. As a end result, precise outcomes might range materially from these described within the forward-looking statements. Do your individual analysis!
Topic: New Service
Sectors: CyberSecurity, Crypto, Exchange, Design & Art, Blockchain, Technology, Digitalization, FinTech, NFTs
From the Asia Corporate News Network
Copyright © 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.