- According to a recent announcement, BUILD.5 has partnered with NMKR to add Cardano Tokenized assets to its enterprise platform.
- The report also discloses that the partnership would cause the expansion of the digital twin capabilities to the Cardano blockchain.
Cardano Tokenized assets are to be added to the BUILD.5 enterprise platform after a partnership between BUILD.5 association and NMKR. BUILD.5 is known as the leading developer of Cardano based NFT and asset tokenization products. With NMKR, the digital twin capabilities would be expanded to 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
Adam Kundrat, lead developer and creator of the BUILD.5 platform commented:
NMKR’s design philosophy and approach towards building through the current challenges faced in web3 were a perfect fit for us. Adding their NFT and tokenization features now gives our enterprise customers the additional ability to mint digital twins on Cardano and expands the reach and impact of both of our projects and the L1s they support.
The Tokenization of Real World Assets (RWA) is said to be a representation of the “100 Trillion Dollar Path to Adoption”. According to the report, it ensures that confidential computing, cloud, edge, federated AI, and other technologies are made to transform and digitize the industry. The BUILD.5 enterprise platform is reported to be designed to address the issues of mass adoption of decentralized technology. It also integrates with existing enterprise systems as it ensures a “unified interface, modular features, and underlying infrastructure.”
BUILD.5 Introduces Marketplace
BUILD. 5 Marketplace is quite different from the normal traditional dApp stores.
Unlike traditional dApp stores and marketplaces, the BUILD.5 Marketplace is a master planning system, a market of markets that gives ecosystems that leverage the platform the ability to create their own decentralized economies of scale and expandable service capacities. Any flavor of web3 can be integrated through the Marketplace.
iDOS Framework is said to be the heart of the platform. The IOTA Decentralized Operating System or iDOS is a revolutionary suite of production tools, etc. only found on the IOTA network.
Our battle-tested code base has given us a framework to quickly iterate with our enterprise partners to add new features and demos for partners at the speed of light. The demand is clear as enterprises in markets that stretch across the globe have been engaging with the BUILD.5 team to help execute their strategic plans. We recently produced a custom use case requested by one of our Fortune 100 partners in 5 days! That’s the power of the BUILD.5 platform.
In response to this announcement, NMKR has surged by 6% in the last 24 hours. In the last seven days, the asset has surged by 17%.
Recently, NMKR announced that it is working with Wolfram Research subsidiary Wolfram Blockchain Labs (WBL) to enable organizations to achieve their Web3 goals.
Patrick Tobler, CEO and founder of NMKR commented:
The NMKR team is excited to be working with Wolfram Blockchain Labs and we believe that this partnership will allow us to create the best possible solution for the NFT community.