Interchain NFT Tech Supports Trustworthy Global Commerce of Chinese Traditional Artwork NFTs
Cosmos&IRISnet Tech-based BSN OPB “WenChang Chain” Utilizes Interchain NFT Tech to Support Trustworthy Global Commerce of Chinese Traditional Artwork NFTs
WenChang Chain, the 1st batch of BSN OPB (Open Permissioned Blockchain) built by Bianjie, has lately supported IP.PUB to realize the globalization of Chinese traditional artworks, using its natively integrated NFT and iService technologies backed by Cosmos/IRISnet technology and powered by IRITA. In addition, with the developing interchain NFT technology that is compatible with mainstream NFT protocols and supports modeling and full life cycle management of complex data objects, WenChang Chain can help realize the trustworthy global circulation of Chinese traditional artwork NFTs.
On July 30, the Global Release Conference of Achievements of Chinese National Culture Digital Library was held in Beijing. This conference was organized by SEUD and Zhongmin Huacai, co-organized and supported by the China Promoting Minority Culture & Art Association, The Palace Museum Cathay View, Zhongzheng Shudeng (ZZSD), Boundless Creation, Blockchain-based Service Network (BSN), Bianjie and many influential institutions.
At the conference, IP.PUB announced its official launch. IP.PUB is a Digital Artwork Registration Platform that will serve as part of the Chinese National Culture Digital Library initiative, which is led by the China Promoting Minority Culture & Art Association. Collaborating in digital copyright protection and digital registration with Rongbaozhai (Studio of Glorious Treasures), a historic and world-renowned Chinese national brand that has hosted many countries’ presidents for cultural exchanges, and many influential cultural institutions in China, IP.PUB launched the 2021 first batch of Integrated Digital Arts (IDA). Additionally, WenChang Chain, the Cosmos/IRISnet tech-based BSN Open Permissioned Blockchain, will provide robust blockchain NFT technology support to IP.PUB, promoting the trustworthy global circulation of Chinese traditional artwork NFTs.
IP.PUB’s vision is to collect and digitalize Chinese traditional and cultural artworks, especially those real entities, then assetize and circulate them across the globe. IP.PUB will pursue this vision through Bianjie’s NFT and iService technologies that have been natively integrated on WenChang Chain, and the shipped Inter-Blockchain Communication (IBC) protocol as well as the developing Interchain NFT implementation in the Cosmos ecosystem.
Guests from the China Promoting Minority Culture & Art Association, the Hainan Culture Investment Company, the Beijing Guantang Culture Company, Buddhist Books and Culture Relics Museum of China, BSN Development Alliance Members, SEUD Technology, and Bianjie AI gave presentations at the event focusing on the theme of “Art+Blockchain”.
As the developer of WenChang Chain and technology contributor of Cosmos/IRISnet, Bianjie Co-Founder Harriet Cao shared how WenChang Chain utilizes its NFT and cross-chain capabilities to support the globalization of Chinese traditional artworks.
Harriet Cao stated that the NFT technology developed by Bianjie has been utilized on IRISnet and will soon be integrated into the Cosmos SDK. It is compatible with mainstream NFT protocols and also enables the digital modelling of assets and data in the real economy, and further achieves trustworthy transfers on chain, creating a convenient, reliable and secure environment for global commercial exchanges.
WenChang Chain, the 1st batch of BSN OPB, is built by Bianjie, and includes the NFT technology while simultaneously combining big data privacy protection technology. Therefore, WenChang Chain is able to support NFTs to peg more data under the premise of privacy protection. For this reason, it can effectively assetize China’s traditional artworks on-chain in the form of NFTs.
Cultural communication and exchanges promote global collaborations for common development and the globalization of Chinese traditional artworks has a profound significance to help the wider world gain a deep knowledge of China. However, it’s vital for global trade to be compliant with national regulations. The interchain technology not only allows users from different countries to satisfy their core business needs with blockchain that meets their country’s compliance requirements but also supports the trustworthy communication of information within cross-country business.
Harriet Cao introduced that WenChang Chain refactored and succeeded the innovative blockchain technologies of Cosmos and IRISnet, so it natively included cross-chain service capability among heterogeneous systems based on the IBC + iService framework. With the support of interoperable technology of Cosmos/IRISnet and the developing interchain NFT in the Cosmos ecosystem, artwork NFTs won’t only circulate within the WenChang Chain environment, but also can be cross-chain transferred among various blockchain networks around the globe through Cosmos/IRIS Hubs, and the uniqueness and authenticity of artwork NFTs can be guaranteed in the context of the Internet of Blockchains.
Therefore, IP.PUB on WenChang Chain will mark the first time that traditional Chinese artworks meet the world in the form of NFTs distributed by the authorized publishers. More cultural artwork lovers will have the chance to own certified Chinese traditional artworks in the trendiest way they can imagine. And, more importantly, this is significant for the establishment of a trustworthy and secure environment for global culture communication and artwork exchange.
In addition, Billy Rennekamp, the Cosmos Hub Lead at Interchain Foundation, also remotely joined this event with a congratulation video. He introduced the contributions Cosmos has made to the blockchain industry, including the Tendermint Consensus, the Cosmos SDK and IBC and shared the efforts with the regard to NFT and interchain NFT that Cosmos ecosystem is jointly making for the Internet of independent and interconnected Blockchains. He emphasized that Bianjie has been a huge part of this progress, finding solutions to the specification and implementation of the NFT module for the Cosmos SDK and IBC, which significantly lowers the barrier of entry to using the technology as well as ensuring its interoperability.
During his video, Billy expressed his excitement at the launch. The launch represents not only the opportunity to share China’s traditional culture to the world in an exciting new format, but also is the first instance of a technological standard that will have an impact on a hugely diverse set of needs from a manifold set of users and businesses.
In conclusion, this launch of IP.PUB marks not only the achievements of the Chinese National Culture Digital Library but also the interchain NFT developments in the Cosmos/IRISnet ecosystem, revealing more possibilities for NFT and therefore accelerating the development of the Internet of Blockchains. The NFT technology of WenChang Chain can support the traditional artworks to participate in the reliable commercial environment for global cultural exchanges secured by blockchain technology, which benefits to introduce the value of Chinese artworks and culture to the whole world.
About WenChang Chain
WenChang Chain is developed by Bianjie, the technology contributor of Cosmos and IRISnet, and launched in February 2021. It is one of the first batch BSN Open Permissioned Blockchains. WenChang Chain is backed with Cosmos/IRISnet technology and powered by IRITA, the first enterprise-level permissioned blockchain product in the Cosmos ecosystem developed by Bianjie. WenChang Chain aims to provide a low-cost user-friendly open blockchain platform that allows developers to deploy and implement smart contracts based on a variety of virtual machine environments like EVM/WASM, provides iService with strong interchain capability, and supports the Integrated Development Environment (IDE).
Currently, Blockchain Electronic Certificate System for Dujiangyan City, Shizhu Trusted Identity Service Platform, NFT Management Platform Moka and other applications have been deployed on WenChang Chain.
About BSN
BSN is a cross-cloud, cross-portal, cross-framework blockchain-based infrastructure network, which integrates cloud resources, underlying frameworks, operating environments, certificate management, development SDK and gateway API together to provide developers one-stop-shop to deploy and manage all kinds of Dapps conveniently and at low cost. Red Date Tech oversees the R&D and daily operation and maintenance of the BSN. To learn more about BSN visit BSN China and BSN Global.
About Bianjie
Bianjie (Bianjie.AI) is a Shanghai-based high-tech enterprise founded in 2016. By leveraging advanced blockchain and big data technologies, Bianjie is focused on blockchain innovative products and solutions for interconnected distributed business systems. Bianjie is the core tech team behind the development of IRISnet — — an interchain service hub for next-generation distributed applications and is also one of the main open-source early contributors of the Cosmos Network project. The team developed the first enterprise-level permissioned blockchain product, IRITA, in the Cosmos ecosystem, which uses IRISnet iService as well as privacy computing technology.
Bianjie was officially certified as “China National High-Tech Enterprise” in September 2019 and won several national technology awards.
