UTU and Evoluzion Life partner to increase NFT application in Blockchain Trust solutions
Through the premises of Blockchain: Trust stays embedded in the core values. It’s one of the fields that can be drastically improved through the integration of this technology in applied fields. This is one of the highest priorities of UTU: to increase Trust and become the trust infrastructure of the entire internet. UTU helps online businesses and consumers engage and transact in easier, safer and more trustworthy ways. Throughout the already established partnerships and integrations, there are entities like Ocean Protocol, Harmony, Conscious Kenya, Kephi Gallery, and many others.
In the collaboration with Evoluzion Life - a clear spectre will be followed: the NFTs to be an element of a digital identity that proves a few facts compared to another user with the same criteria but without this element. The digital identity on the Blockchain is a new concept, however by recognizing NFTs as a part of it is a relatively new ideology here and represents only a part of the whole decentralized identity (DID) technology. Nevertheless, with enough time, data regarding the interactions of a particular avatar can be gathered. Also with a considerable possible increase in value of the character- several implications can occur on top since it represents some factors regarding the person to whom it belongs. For instance, validation of a true identity, proof of interaction with the Evoluzion ecosystem, proof of funds and increased DeFi opportunities (like allocations in a Launchpad through the NFT avatars) are just a few of the considerations when it comes to the NFT applications in the Blockchain Trust solutions.
Also the collaboration between UTU and Evoluzion can extend further on with the expansion of the UTU ecosystem further down the line in the NFT sector when a multitude of implementations are going to become feasible. In this further directions - the integration of the XP Network bridging solutions are going to play an important role in the primordial phases of the UTU x Evoluzion collaboration by making an early implementation technically feasible in terms of the underlying layer one solution, until the Elrond integration is going to be worked out.
“We believe that Blockchain tech can enhance trust and become a means of representing trust as a quantifiable value. Evoluzion NFT can be part of this and represent criteria and qualifications of users in the new DeFi space. The UTU advancements in this space are valuable and seeing these 2 fields merging and adding value on top of each other is very important for both directions.”, said Evoluzion Champ, Head of Business and Strategy at Evoluzion Life.
“The intersection of identity, NFTs, and trust can open many doors for users to access products and services in ways we’ve never seen before. We are excited to partner with Evoluzion to explore how the creativity of their NFTs and our trust solutions can be combined to expand both of our ecosystems” , said Jason Eisen, Co-Founder and CEO of UTU.
UTU is building the trust infrastructure of the internet to help businesses and consumers engage and transact in an easier, safer, and more trustworthy way.
UTU AI-based API products collect and analyze data to create trust signals and personalized recommendations that help consumers and businesses make the best decisions for their situation. And the UTU blockchain protocol rewards users for trustworthy actions and compensates them for sharing their data while protecting their privacy.
UTU changes the economics of trust, ensures trust can’t be bought or manipulated, and leverages data to help people make better decisions.
About Evoluzion Life
Evoluzion.Life is a next level NFT collection bridging Art and Tech. It offers the Evolutionist title, associated visionary traits, all together with perks and advantages across the vast Evoluzion universe. It represents not only the avatar but also the lifestyle of a like-minded group keen on evolving, delivering and improving. A dream being delivered in real time with an expanding roadmap and tremendous goals to attain: Together- we evolve.