SYDNEY, Jan. 18, 2022 /PRNewswire/ — Built-in Media Know-how Limited (NASDAQ: IMTE) (“IMTE” or the “Firm”), announces these days the completion of the improvement of its on-line electronic property trading platform “Ouction”.
Ouction system is an interactive experiencing solution created with dynamic image cryptographic verification technological know-how which will serve as a bridge for O2O (On the web to Offline) transaction. This will allow the “Ouction” system to not only confirm virtual (digtial) asset transactions, but also give encryption and Blockchain notarized digital certificates of bodily assets for a fairer and extra credible system buying and selling expertise to e-commerce providers and their users. The web site www.ouction.io is readily available now for registration and buying and selling in digital property.
Eric Zhang, Ouction’s CTO said, “The quantity of electronic property outlined on the system is minimal at the minute, but we be expecting this will increase as we market and market our Ouction NFT system in Asia and North The united states. NFT or Non Fungible Token faciliates transferring assets from the genuine environment to the digital/virtual environment.”
“This is an interesting time. The sector for non-fungible tokens in 2021 has surged to new highs as popularity and adoption of NFTs and cryptocurrency continues to improve. NFT sales experienced a breakthrough calendar year with a product sales quantity approximated around $40 Billion in 2021 as claimed by Bloomberg,” said Mr. Kim Chan, the CEO of Ouction. He futher additional “Daily, news on the the enhancement of the metaverse and how it will reshape the way we interact with each and every other in the serious and virtual planet. The use of NFT, blockchain technologies and wise contracts is the cornerstone of bringing/developing electronic property from the authentic environment to the virtual entire world. Ouction’s market strategies to be a niche market place in art, historic articfacts, images and films.”
About Built-in Media Technologies Confined (“IMTE”)
IMTE is an Australian company engaged in the business of manufacture and sale of nano coated plates for filters, the manufacture and sale of electronic glass, the running of an on the web trade system for buying and selling in electronic assets and the provision of monetary investigate. For more details, please visit www.imtechltd.com.
Protected Harbor Assertion
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Source Built-in Media Engineering Minimal
