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Unique Network Leads the Way in Cross-Chain NFT Transfers on Polkadot

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    Singapore, Singapore, September 18th, 2024, Chainwire

    Parachains and developers can register now to test NFT XCM functionality and get an exclusive first look at this innovation in action.

    Unique Network has announced it will be launching the first developer environment for NFT XCM transfers (Cross-Chain NFTs), starting with two major networks for developers and parachains in the Polkadot ecosystem. Using NFT XCM’s technology at the start of the developer environment, blockchain developers can move NFTs between Asset Hub, and Unique Network. Interested parachains can be added to the developer environment to develop NFT XCM functionality.

    What is NFT XCM?

    NFT XCM is a groundbreaking initiative developed by Unique Network, designed to simplify the transfer of NFTs (Non-Fungible Tokens) across parachains. By enabling seamless movement between different chains, NFT XCM is not just expanding accessibility but also unlocking new possibilities for creators, developers, and users alike.

    NFT XCM extends the limits of Web3 games and NFT collections, supporting greater use cases and making non-fungible tokens available to a larger group of on-chain users. Unique Network invites parachains, and developers to register their interest in the upcoming testing phase of NFT XCM transfers, to demonstrate its efficacy and explore applications for the technology.

    NFT XCM utilizes Polkadot’s Cross-Chain Messaging, the messaging format and language used to communicate between consensus systems. 

    Developers and parachains interested in testing NFT XCM transfers are encouraged to register their interest via this form. Polkadot parachains will be added to the developer environment to develop and test NFT XCM functionality. EVM teams interested in pioneering EVM implementations of the technology in a development/test environment are also invited to register their interest.

    Following the development work of NFT XCM, the Unique Network team unveiled the Cross-Chain NFTs Think Tank earlier this year at Polkadot’s Sub0 conference. This initiative is designed to foster collaboration, drive innovation, and explore new use cases for Cross-Chain NFTs within the Polkadot ecosystem. Leading projects, such as Acala Network and Zeitgeist, are already exploring ways to integrate Cross-Chain NFTs into their own projects.

    Alexander Mitrovich, CEO of Unique Network shared:

    This milestone represents not just technical progress but the unification of an ecosystem. NFTs are no longer confined to one parachain; we’re building a future where they can flow freely across multiple chains.”

    The importance of cross-chain interoperability for assets such as NFTs was first highlighted in the Polkadot Whitepaper by Polkadot creator, Gavin Wood. The launch of XCM v3 in May of 2022 introduced this capability but was only viable for Fungible Tokens (FTs). NFT XCM is a breakthrough that will enable users to seamlessly transfer digital assets between Polkadot parachains, making NFTs more accessible and versatile than ever.

    Following this, Chief Marketing Officer at Unique Network, Charu Sethi discussed the company’s efforts to foster collaboration and streamline the NFT ecosystem across Polkadot’s various blockchain networks.

    As we advance NFT XCM technical capabilities, it’s critical to address the complexity and fragmentation within the ecosystem. We are now working on organizational bridges and aligning leadership across all NFT blockchains in Polkadot.

    About Unique Network

    Unique Network is the first NFT chain built on Polkadot and Kusama, offering the most sustainable and green NFTs with advanced features for gaming, art, and fan engagement. 

    Unique Network offers unparalleled customization, scalability, and interoperability, making it the ideal platform for advanced and innovative NFT applications.

    Users can learn more here: https://unique.network

    Contact

    Chief Marketing Officer
    Charu Sethi
    Unique Network
    cs@unique.network

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    Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas

    2024-09-19T14:46:04Z

    Executive growth reinforces expansion of Darwinium’s leading-edge cyberfraud prevention platform across American and global markets

    SAN FRANCISCO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Darwinium, a leader in next-generation digital security and fraud prevention, today announces the appointment of Peng Leong as Chief Financial Officer and Paul Cloutier as Vice President of Sales, Americas. These strategic additions to Darwinum’s leadership team highlight the company’s consistent growth and commitment to delivering dynamic account security and fraud prevention to organizations worldwide, across every digital touchpoint.

    "Darwinium is on an exciting growth trajectory, delivering much-needed innovation to the unsolved problem of account security,” said Alisdair Faulkner, CEO and co-founder of Darwinium. “Peng's international financial acumen, combined with Paul's proven track record in scaling sales organizations, positions Darwinium for even greater success as we continue to grow our market share in the cyberfraud prevention sector."

    Peng Leong brings over three decades of technical experience in accounting, business operations and finance to his new role as CFO. His multi-faceted approach to leadership has resulted in high-performance financial strategies and success in the SaaS, data and risk analytics industries. Peng began his career at Deloitte before holding senior roles at prominent firms including Rev Inc., IDAnalytics (Symantec) and CoreLogic.

    “It’s a privilege to join Darwinium’s deeply knowledgeable and innovative team. I look forward to working alongside them to optimize the company’s financial strategies, enhance operational efficiency and unlock new avenues for revenue growth,” said Leong. “Today’s digital fraud landscape is a new frontier compounded by the explosive growth of AI tools that are changing the face of online scams. Darwinium’s cutting-edge platform is putting power back into the hands of businesses by not only minimizing advanced fraud but also delivering real-time, edge-based protection and full visibility into customer interactions. It’s a cause I am proud to support.”

    Paul Cloutier will also play a critical role in Darwinium’s long-term growth plans as Vice President of Sales, Americas. With a more than 30-year career spanning key technological revolutions, Cloutier has a passion for driving transformation across industries, from manufacturing automation to the digital identities landscape. Through previous roles at ThreatMetrix and Arkestro, he has assisted in advancing B2B eCommerce, biometric and procurement solutions.

    At Darwinium, Cloutier will be at the helm of the company's expansion efforts in the Americas. This includes increasing the company's footprint in the region, and bringing its innovative technologies to financial services, eCommerce and fintech organizations looking to better protect their account security strategies.

    “I am very excited to join Darwinium, a transformative company with a team known for its deep expertise in cyberfraud prevention and a proven track record of success,” said Cloutier. “The platform has customer protection at its heart, ensuring end users are not caught in the net of complex, evolving fraud, or the controls designed to detect it.”

    These key executive appointments underpin the company's growth trajectory, driving forward its mission to deliver essential innovations for more effective detection and prevention of complex fraud in a rapidly evolving digital world.

    About Darwinium   
    Darwinium's pioneering approach to continuous customer protection takes security and fraud prevention to the edge, removing the operational burden of implementing and maintaining API-based solutions. Darwinium provides complete visibility and control of every digital interaction - across web, apps and APIs - to separate good and bad behavior, in real-time. Businesses can make more accurate, real-time decisions, and take dynamic, tailored remediation that favors the customer and not the fraudster.  For more information, visit www.darwinium.com.

    Contact        
    Sherlyn Rijos-Altman      
    Montner Tech PR        
    203-226-9290        
    srijos@montner.com 


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