CenterPrime’s project ”KHHN- Korea Heritage and History NFT” won for IPFS category at Chainlink Hackathon Spring 2021

Chainlink Hackathon Spring 2021 was held for four weeks from March 15th to April 11th, 2021. Hosted by Chainlink, it aimed at utilizing the power of off-chain data and industry leading Oracle network to build innovative DeFi, NFT, gaming or universally connected DApps. Out of 758 global teams, CenterPrime’s KHHN- Korea Heritage and History NFT received favorable reviews and won for the IPFS category.

This time, the hackathon was focused on improving people’s lives by applying smart contracts that are linked through blockchain technology. CenterPrime followed this theme by using Oracle to connect smart contracts to real data and systems, and established heritage content IPFS chains through public chain and inter-chain side chain technology. By connecting to existing blockchain networks such as Binance Smart Chain, Ethereum, Polkadot, we tokenized information of various heritage assets into NFT. As a result, we were able to introduce a system that helps all people and institutions to protect and preserve Korea’s natural and cultural heritage easily and safely.

We started this project in order to increase the accessibility of heritage by allowing people to easily access the heritage and history and obtain rewards through NFT swap and mining of various contents such as images, sound, video, and text.

We have set five challenges for KHHN- Korea Heritage and History NFT in order to develop a heritage asset pool.

1. Layering of heritage information and content chain

2. Tokenization of heritage assets

3. Authentication chaining of heritage assets

4. Compensation through the mining pool of heritage assets

5. Donation through the heritage asset swap pool

CenterPrime aims to create an era in which people and institutions around the world can freely experience the new Oracle economy by connecting traditional finance and the DeFi industry with this project. Therefore, through this hackathon we were able to present a demo of a real asset pool while also confirming that we are approaching a world where both individuals and institutions can benefit from connecting the real world’s content and the DeFi industry.

CenterPrime’s technology not only provides accessibility to an era of Oracle DeFi lead by a free economy, but also adapts NFT technology to various content fields. We will continuously work to create a globally connected smart contract in order to bring a positive impact to humanity.

KHHN DevPost|KHHN Github|KHHN Youtube

About CenterPrime

The CenterPrime project uses a hyperledger private chain to share an open banking API to apps, connecting centralized finance to decentralized finance. Also making smart pairing data for loan, remittance, exchange, payment, and exchange rate information possible to be included in fintech oracle networks.

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