A partnership has been established between an esports organization, Fnatic based in London, with Worldwide Asset Exchange (WAX) in establishing a digital collectable. The brand director of Fnatic Benoit Pagotto explained, “We see this new kind of transaction experience as very forward-thinking, and people are waiting since they already very used to trading virtual items in the games they love.”
The post Fnatic Utilizes WAX Blockchain for Digital Collectibles appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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