Quick take:

  • NFT Workx uses its eCommerce platform, mobile app and third-party online shopping platforms like Shopify and WooCommerce to tokenise real-world assets.

  • The buyer obtains a unique digital collectible representing the transaction and proof of authenticity for every purchase they make.

  • The company is now launching .WRKX top-level domain (TLD) with Unstoppable Domains, allowing users to navigate Web3 using their unique “Name.WRKX” digital identities.

NFT Workx, a platform that tokenises real-world assets at the point of sale is teaming up with Web3 digital identity and domain issuer Unstoppable Domains to launch the world’s first tokenised identity solution for real-world assets (RWAs).

NFT Workx is launching the .WRKX top-level domain (TLD), which will allow users to navigate Web3 using their unique “Name.WRKX” digital identities.

The company uses its eCommerce platform, mobile app and third-party online shopping platforms like Shopify and WooCommerce to tokenise physical RWAs. According to NFT Workx, its platform issues buyers with a unique digital collectible representing the transaction and proof of authenticity for every purchase they make.

The company said the new platform integrates seamlessly into the secure NFT Workx wallet app, called Asset Workx, allowing users to send and receive crypto and NFTs. They will also be able to create new, secure digital communities on Web3, and act as NFT Workx ambassadors using their branded domain extensions.

Commenting on the collaboration, Sandy Carter, COO of Unstoppable Domains said in a statement: “The genius of NFT Workx is that it provides a simple, seamless value proposition for Web3. By creating Digital Collectibles of products at the point of sale via a range of major e-commerce platforms such as Shopify and WooCommerce, NFT Workx is a compelling demonstration of the power of Web3 to reduce fraud, strengthen consumer protection, and navigate digital identity in the decentralised future.”

Adam Lesse, CEO NFT Workx believes NFT Workx partnership with Unstoppable Domains will help bring tokenised identities to the wider world.

“As experts like Larry Fink have recognized, tokenized IDs are crucial to reducing fraud, money laundering, and corruption. Thanks to Unstoppable, we can now create a list of domains that are associated with trademarks or well-known individuals and prevent these domains from being made available for purchase,” Lesse said.

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The post NFT Workx Taps Unstoppable Domains to Launch First Tokenised Identity Solution for RWAs appeared first on NFTgators .