0xcert

Overview of 0xcert

0xcert, the first open protocol built to support the future of unique digital assets, powered by NFTs (non-fungible tokens) and Wanchain, the distributed financial infrastructure powered by cross-blockchain smart contracts with privacy protection, announced a strategic alliance for the implementation of the non-fungible tokens standard on Wanchain.

0xcert is creating a protocol and a platform dealing with non-fungible ERC-721 tokens which will allow developers to create brand new apps for storing and managing real life assets, which include variety of documents, pieces of art, personal IDs, certificates, etc.

0xcert (ZXC) fundamentals: There is a circulating supply of 415.000M, a total supply of 475.000M, a maximum supply of 500.000M, a total cap of $1.687M, a 24 hour range of 22.29%, a 24 hour low of $0.003524 and a 24 hour high of $0.004535.

0xcert API was purposely built to speed up adoption of blockchain technologies, since it provides the same versatile functionality as the 0xcert Framework, but is much easier to work with and requires much less development expertise.

0xcert is an open-source protocol that translates the existence, authenticity, authorship and ownership of unique digital or real-world assets into non-fungible tokens (NFTs) – unique certificates available from the blockchain.

0xcert is one of the first projects aiming to provide a full framework that would enable frictionless implementation of the standard and allow non-blockchain developers to build dapps on top of it.

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0xcert (ZXC) has changed 8.19% over the past 1 hour, 13.59% over the past 24 hours, 18.96% over the past 7 days, 14.75% over the past 30 days and 41.03% over the past 90 days.

0xcert recently successfully issued and Ethereum implementation proposal 721 (EIP-721) which got confirmed as an Ethereum standard (ERC-721) in March 2018.

0xcert, a European based tech start-up, is starting a Public Pre-sale event on June 26,  5 pm CEST.

Blockchain

0xcert is a pluggable settlement with an advanced integration layer for different dapps and relay applications.0xcert is an open source permissionless protocol for non-fungible tokens on the blockchain.A decentralized issuer verification registry may be an acceptable and self-sustaining solution to the problem.In addition to common functions for transferring and managing standard non-fungible tokens, the 0xcert protocol provides another layer of conventions for creating certified non-fungible tokens for unique assets.Planned growth activities will not only positively impact and extend further adoption of technologies developed by 0xcert, but also expand the scientific horizon of non-fungible tokens in general.Since 0xcert is an open source project that strives to be community driven, a decentralized governance model could be introduced as well.They recognize that one of the fundamental problems in the blockchain space may become the authenticity of issuers in the future.The community would have an option to either verify or reject new Xcert issuers through a staking and rewarding mechanism based on the ZXC token.Furthermore, 0xcert is also building out a whole ecosystem of parties involved in the non-fungible space, as well as specific application developers, companies from various verticals, researchers, organisations and communities.The ZXC token might be utilized to support dapps built on top of the 0xcert protocol with minimum possible fees.Their mission is to equip application developers with a secure blockchain agnostic platform, powerful tools and community embraced conventions for managing non-fungible tokens.These are fungible tokens that are compliant with Ethereum’s ERC-20 standard.These tokens are called Xcerts and are created through a custom minting process.These tokens are stored in cryptographic wallets and are owned by users.This enables developers to focus on the application layer and quickly build applications for issuing university certificates, KYC applications, applications for loyalty programs, warranties, badges, credits or even a decentralized non-fungible exchange.A key role in the 0xcert infrastructure is played by the ZXC utility tokens.With 0xcert protocol, we can validate a proof of existence, authenticity and ownership of these digital assets without third-party involvement.0xcert is a framework with a set of on-chain and off-chain rules for managing Xcerts and other standard non-fungible tokens.Xcerts represent opinionated non-fungible tokens, which also hold an imprint of an asset.

Support

Create, own, and validate unique assets on the blockchain with 0xcert – the first open protocol built to support the future of digital assets, powered by non-fungible tokens.

Do you plan on using other blockchains other than Ethereum?

Just recently, we deployed our infrastructure on Wanchain as the second network for building dapps on.This enables Wanchain developer community immediate access to better tools and a platform to build NFT solutions faster and more secure.

Has 0xcert had users or developers for its product/framework/platform?

We have a growing community of enthusiastic developers.I would invite everyone to visit our GitHub repository, in particular, the Framework Users issue which lists some of the applications being built with our technology.Apart from that, I am very proud to see news like this popping up all the time.The last one was from Merchcoins, which are essentially gift cards from major retailers built with Fabr(x) and 0xcert technology.

How do you see NFTs to be implemented in the immediate future?

The most significant advantage of non-fungible tokens is their ability to deal with real-life examples and use cases directly — their realm thus encompasses far more than just digital collectibles.The NFT space started out with simple to implement solutions, which demonstrated to some extent the possibilities what can be done.There is a trend going on where these simpler solutions are growing into more mature applications.Not only grassroots communities but also larger business are starting to understand the implications and benefits that NFTs can bring to their industries and businesses.

How to find new cryptocurrency projects?

One of the biggest challenges in the crypto space is to find the right projects at the right time.There are hundreds of projects launched…

Is the digital infrastructure ready to see NFTs used more widely?

There is still a lot of room for improvement, but the infrastructure is getting there.On a daily basis, we see projects launching with better wallet and UX experiences, as well as better scalability solutions.The number one challenge that NFT projects have is early user onboarding.However, this is a trait not only of non-fungible tokens but of the blockchain space in general, so the development of solutions for both go hand in hand.

Is there an underrated or unpopular opinion regarding NFTs or ERC-721 that you would like to share?

What often goes undiscussed is the fact that if you use non-fungible tokens with real-world assets, you will most likely need to go through an authority that can issue them – not for technological reasons but for legitimacy.The connection to blockchain always has a human factor, and this is where fraud and malicious attempts could be happening.Identity and reputation systems can address this and mitigate effects, but in the short term, we will most likely need to rely on previously established issuing authorities.

There are several use cases for NFTs that have yet to materialize, but what do you think is the one that would have the shortest path to inflection (which one would garner traction the fastest)?

Currently, collectibles and in-game assets are the hottest topics when it comes to non-fungible tokens, but they mark only the beginning.For example, the work that Ernst & Young does in this field can have much broader implications.They have a vast reach with global companies and can create massive network effects.Although they are working in the supply chain field, numerous use cases can be attached to these companies.If we envision the future to be automated by smart contracts through an immutable blockchain layer, then many enterprise assets (personnel, inventory, quality management certificates, intellectual property, etc.) will be recorded and managed in a tokenized form, specifically as non-fungible tokens.

What can 0xcert Bring to the Table?

Together with MicroHE partners, Knowledge 4 All Foundation (K4A) and the Jozef Stefan Institute (JSI), 0xcert is building a blockchain-based system for issuing and management of academic credentials, leveraging blockchain qualities of traceability, security, and ease of authentication.

What does 0xcert provide — a product or a platform? And what is its unique value proposition?

0xcert currently provides an open-source framework for fast and easy dapp development.Our starting point was non-fungible tokens, specifically the ERC-721 Ethereum standard.Although we hold the reference implementation of ERC-721, we have also built multiple upgrades to the existing standard – we named this upgraded token Xcert.Moreover, we developed a so-called certification process which allows us to use asset-type standards for enhanced interoperability and to add an additional privacy layer.

What is the best advice you would give to dApp developers that want to work with NFTs?

Come and join our Gitter channel! Anyone interested in building with NFTs and 0xcert technologies is welcome to visit.Our developers are happy to guide anyone in the right direction and offer advice on how to start – or continue with their dapp development.

While ERC-20 tokens have seen wide use mainly via ICOs, why did ERC-721 see lesser usage/development?

On the surface, it might look like that, but if you dig deeper, you can see that NFTs are catching up very fast.Since the CryptoKitties boom, we’ve seen a great amount of interest and development, a massive increase in transactions and in the number of deployed contracts managing ERC-721 tokens.

Why Blockchain in Education?

Like any other industry, public services are subject to the evolution of technology and IT, as well as influenced by digitization of internal systems and operations.To address this issue, the Expert Workshop brought together the field experts to discuss the advancement and applicability of technology in the realm of higher education.

Why Is This Happening With 0xcert (ZXC)?

NB: We recommend checking out NFT Sprites if you have an interest in 0xcert.

Will Ethereum’s transition to Proof-of-Stake improve, damage or won’t impact the development and adoption of NFTs?

Adoption of NFTs heavily depends on use cases.This simply means that we require better scaling solutions if we were to use non-fungible tokens within larger enterprises that require a more significant transaction throughput.In that respect, the transition to proof of stake is very welcome, since we will be able to onboard a higher number of end users as well as larger companies, and quickly see a better network effect.

History of 0xcert