- BUILD.5 has partnered with NMKR to integrate Cardano tokenized assets into the BUILD.5 enterprise platform, enhancing its capabilities for minting digital twins on the Cardano blockchain.
- This collaboration aims to leverage Real World Asset (RWA) tokenization, potentially transforming industries through confidential computing, cloud, edge, and federated AI technologies.
Expanding Digital Twin Capabilities on Cardano
The BUILD.5 association has embarked on a significant partnership with NMKR, a leader in the development of Cardano-based NFT and asset tokenization products. This collaboration marks a pivotal step in enhancing the BUILD.5 enterprise platform’s capabilities, specifically in the realm of digital twin technology and the tokenization of Real World Assets (RWA) on the Cardano blockchain.
The BUILD.5 association has partnered with NMKR to add Cardano Tokenized assets to its BUILD.5 enterprise platform. @nmkr_io, is the leading developer of Cardano based NFT and asset tokenization products. Together with #BUILD5, enterprises will have even more optionality when… pic.twitter.com/6Midbfzgqo
— BUILD.5 (@build5tech) January 17, 2024
A New Era of Industry Transformation
Tokenization of RWAs represents an opportunity to tap into a market with the potential to reach
“100 Trillion Dollar Path to Adoption.”
This advancement enables cutting-edge technologies like confidential computing, cloud, edge, and federated AI to revolutionize and digitize entire industries. The collaboration between BUILD.5 and NMKR is set to unlock novel applications of digital assets, evident in the public and private Proof of Concepts (PoCs) being developed by BUILD.5 and its associates.
Enhancing Enterprise Solutions with NMKR’s Expertise
Adam Kundrat, the lead developer and creator of the BUILD.5 platform, emphasized the alignment of NMKR’s design philosophy with BUILD.5’s objectives, especially in addressing current challenges in the web3 space. By incorporating NMKR’s NFT and tokenization features, BUILD.5 now offers its enterprise customers the added functionality of minting digital twins on the Cardano blockchain. This integration significantly broadens the reach and impact of both BUILD.5 and NMKR’s projects, as well as the Layer 1 (L1) blockchains they support.
Anticipating Future Innovations and Use Cases
The BUILD.5 association is set to reveal more about its expansion into the Cardano ecosystem and innovative use cases in the coming weeks. This move promises to bring about a new wave of blockchain applications, extending beyond traditional boundaries and exploring untapped potentials in various sectors.
The collaboration between BUILD.5 and NMKR represents a significant advancement in blockchain technology application. It demonstrates the growing importance of digital twin technology and RWA tokenization in enhancing enterprise solutions and transforming industries. This partnership not only reinforces the capabilities of the BUILD.5 platform but also showcases the versatility and expanding utility of the Cardano blockchain in the broader context of digital transformation and innovation.