Published on July 11th, 2018 | by bitcoin0
Underwater exploration on the Blockchain
With an estimated $100 billion value in sunken artifacts in the waters surrounding the Bahamas, deep-sea treasure hunters could soon satiate their thirst for a big bounty through blockchain technology.
Each NFT utilizes specifically designed smart contracts that are cryptographically certified with unique asset data.
While NFT ownership can be to anyone in the world, the majority of PO8 artifacts remain in the custody of the PO8 Foundation.
“For example, let’s say PO8 finds a rare artifact worth millions,” Vasquez explained.
Since the start of 2018, the firm has focused on the development of its smart contracts and wallet.