Polygon ($MATIC) Blockchain Is Being Used by Switzerland’s Postal Service

The nationwide postal service for Switzerland is planning to launch the “Swiss Crypto Stamp”.

In line with a press release issued by Swiss Post, which “points round 50 totally different new stamps every year”, on November 25 it can “launch a really totally different kind of stamp, representing a milestone in Swiss stamp historical past – the Swiss Crypto Stamp, the primary of its type in Switzerland,” which can permit Swiss Publish to “bridge the hole between the bodily world of stamps and the digital crypto-universe.”

Right here is how Swiss Publish describes its crypto stamp:

“At first look, the Swiss Crypto Stamp seems like several bizarre stamp. It’s self-adhesive, exhibits the Matterhorn and the moon on a blue background, and has a face worth of 8.90 francs. Homeowners can use it to frank postal gadgets identical to every other stamp. However the precise crypto stamp is digital. and it’s a digital collector’s merchandise. Each bodily Swiss Crypto Stamp supplies entry to a digital stamp saved in a blockchain.“

In line with a report by Cointelegraph, a spokesperson for Swiss Publish advised them:

“Every design varieties a nonfungible token and is saved within the Polygon Blockchain.“

The press launch went on to say:

“When buying a Swiss Crypto Stamp, prospects don’t know which digital design is linked to it. Patrons solely uncover what the digital twin of their bodily stamp seems like once they go browsing. That is accessed through a QR code printed subsequent to the bodily stamp. By scanning this code, prospects can view their digital crypto stamp on-line.

“What’s outstanding is that the digital crypto stamps are available 13 totally different designs. Some are extra widespread, whereas others are a lot rarer and extra coveted. There are 65,000 copies of the commonest digital design, however simply 50 of the rarest. One factor is evident: the Swiss Crypto Stamp means amassing, exchanging and buying and selling stamps has gone digital, too.

“The Swiss Crypto Stamp is being launched on 25 November 2021 in a difficulty of 175,000. Switzerland’s first crypto stamp can be obtainable from this date at chosen Swiss Publish branches.“

Disclaimer

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