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ICI Bucharest to use Elrond blockchain to develop decentralized domains and an institutional NFT marketplace

06/15/2022

Less than a minute

2022.06.15 02:06

ICI Bucharest to use Elrond blockchain to develop decentralized domains and an institutional NFT marketplace

On Tuesday, Romania’s National Institute for Research and Development In Informatics, also known as ICI Bucharest (ICI), announced that it would be building an institutional nonfungible tokens, or NFTs, marketplace and a decentralized Domain Name System.

Both services will be built on the Elrond (EGLD) blockchain, which is known for its ability to speed up transactions via sharding. ICI was founded in 1970 and is currently the most institution for government-sponsored research in the field of information technology in Romania. It currently supervises the Romanian National Register for Domain Names.

06/15/2022

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