Wednesday, May 31, 2023
No Result
View All Result
Crypeto News
Smarter_way_USA
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
CRYPTO MARKETCAP
Crypeto News
No Result
View All Result

LG Launches NFT Platform With Hedera Blockchain

by crypetonews
September 5, 2022
in NFT
Reading Time: 3 mins read
0 0
A A
0
Home NFT
Share on FacebookShare on Twitter


South Korea-based digital manufacturer LG Electronics has launched a new NFT platform in collaboration with Hedera blockchain.

The platform, LG Art Lab will allow users to buy, sell and put up digital art or non-fungible tokens (NFTs) on their television sets, the company announced.

While Swiss-based Tag Heuer became the first watchmaker in June to announce a tool to allow watch owners to display NFTs on their smartwatches, the Seoul-headquartered television company has become another top company to add value to the NFT space with this new mew move.

The company also announced that LG Art Lab is available on television webOS 5.0 or later in the US.

The platform also allows users to preview the profile of artists and their upcoming work, along with a countdown to their upcoming NFT releases. Its marketplace provides a venue for trading pieces.

hedera_1200.jpg

The Hedera network supports LG Art Lab, and the transactions will run through Wallypto – an LG-patented crypto wallet for smartphones.

According to a report from Blockchain.News, LG Electronics is launching Wallypto as a part of plans to expand its business scope to include platforms and software.

Wallypto will help the tech giant enter the blockchain or NFT market in earnest.

Per the announcement, “it is also expected to actively create synergy effects by combining blockchain technology with existing flagship businesses such as home appliances and electric fields.” 

Christian Hasker, CMO of Swirlds Labs, the Hedera developer, said in a statement that the announcement will bring NFTs “beyond being computer-based collectables and toward becoming a piece of art displayed as any other artwork would be within the home of its owner.”

Earlier this year, LG made it clear that it was eyeing an expansion drive beyond home appliances to include blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter.

During the company’s Annual General Meeting (AGM) held in March, shareholders approved these changes so that its new objectives would entail the brokerage and sale of cryptocurrencies and the development and sale of blockchain-based software, Blockchain.News reported.

LG has also partnered with the Kakao Ground X blockchain platform and launched smart TVs with an NFT option in February this year. 

Image source: Shutterstock



Source link

Tags: BlockchainHederaLaunchesNFTplatform
Previous Post

What everyone is saying about the types of Crypto Wallets

Next Post

Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long Term Security

Related Posts

Modernist sculptor William Edmondson’s journey from carving headstones to KAWS collection
NFT

Modernist sculptor William Edmondson’s journey from carving headstones to KAWS collection

May 31, 2023
Picasso show co-curated by comedian and self-confessed ‘hater’ Hannah Gadsby will dig into complexity of artist’s legacy
NFT

Picasso show co-curated by comedian and self-confessed ‘hater’ Hannah Gadsby will dig into complexity of artist’s legacy

May 31, 2023
Newfields and the Indianapolis Museum of Art seek to turn a corner after ‘triple tragedies’
NFT

Newfields and the Indianapolis Museum of Art seek to turn a corner after ‘triple tragedies’

May 30, 2023
A curator’s library of books on Black artists finds a home in Houston
NFT

A curator’s library of books on Black artists finds a home in Houston

May 30, 2023
Why the Gallery Climate Coalition’s New York chapter is so crucial
NFT

Why the Gallery Climate Coalition’s New York chapter is so crucial

May 30, 2023
the Pop artist who dodged Hitler’s torpedoes and life on a building site
NFT

the Pop artist who dodged Hitler’s torpedoes and life on a building site

May 30, 2023
Next Post
Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long Term Security

Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long Term Security

Study Identifies the highest te States in America Most curious about Bitcoin, Ethereum

Study Identifies the highest te States in America Most curious about Bitcoin, Ethereum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Milady (LADYS) Coin and NFT: Memecoin and the Collection
Crypto Exchanges

Milady (LADYS) Coin and NFT: Memecoin and the Collection

by crypetonews
May 29, 2023
0

beginner Milady (LADYS) experienced a significant surge of over 5,000% in just 24 hours after Elon Musk tweeted about it...

Why GameFi is the future of the new player economy

Why GameFi is the future of the new player economy

May 26, 2023
Elon Musk Warns Against Buying And Betting Big On Dogecoin

Elon Musk Warns Against Buying And Betting Big On Dogecoin

May 25, 2023
MicroStrategy better than Coinbase for crypto exposure: Berenberg

MicroStrategy better than Coinbase for crypto exposure: Berenberg

May 29, 2023
Did The New York Times Publish Manipulated Footage Of A Bitcoin Mine?

Did The New York Times Publish Manipulated Footage Of A Bitcoin Mine?

May 31, 2023
Crypto Readiness Study Proclaims Hong Kong As Undisputed Leader In Global Market

Crypto Readiness Study Proclaims Hong Kong As Undisputed Leader In Global Market

May 26, 2023
  • Trending
  • Comments
  • Latest
What is the Erigon Node Consensus Layer?

What is the Erigon Node Consensus Layer?

February 15, 2023
146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’

146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’

May 17, 2023
Celsius Creditors Aim To Expose FTX Users In Alleged Crypto Trading Scandal

Celsius Creditors Aim To Expose FTX Users In Alleged Crypto Trading Scandal

April 27, 2023
Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%

Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%

October 27, 2022
Secured #5: Public Vulnerability Disclosures Update

Secured #5: Public Vulnerability Disclosures Update

May 3, 2023
3 Things We Learned at Tornado Cash Dev Alexey Pertsev’s Trial – CoinDesk : ethereum

3 Things We Learned at Tornado Cash Dev Alexey Pertsev’s Trial – CoinDesk : ethereum

November 23, 2022
PEPE Crypto Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction!

PEPE Crypto Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction!

24
BITCOIN: CRASH TO $24,000 GUARANTEED!?!?!?!? 3 HUGE REASONS!! BTC + Crypto Price Prediction Analysis

BITCOIN: CRASH TO $24,000 GUARANTEED!?!?!?!? 3 HUGE REASONS!! BTC + Crypto Price Prediction Analysis

20
Ending Logan Paul's Biggest Scam

Ending Logan Paul's Biggest Scam

40
I ATTENDED A 3 HR 'CRYPTO SCAM' WEBINAR | WFABB iGenius

I ATTENDED A 3 HR 'CRYPTO SCAM' WEBINAR | WFABB iGenius

38
ARE NFTS OFFICIALLY DEAD? NFT COLLAPSE EXPLAINED!

ARE NFTS OFFICIALLY DEAD? NFT COLLAPSE EXPLAINED!

34
Will XEN Crypto 100x from $0.000002? Honest Review and Price Prediction!

Will XEN Crypto 100x from $0.000002? Honest Review and Price Prediction!

26
Pixel Penguins Scam and Ensuing Drama Shows Danger of Trusting CT Influencers

Pixel Penguins Scam and Ensuing Drama Shows Danger of Trusting CT Influencers

May 31, 2023
Covering the 2024 Presidential Election

Covering the 2024 Presidential Election

May 31, 2023
Next Cryptocurrency to Explode Wednesday 31 May – RobotEra, Filecoin, Solar

Next Cryptocurrency to Explode Wednesday 31 May – RobotEra, Filecoin, Solar

May 31, 2023
T-Mobile’s Parent Company Becomes Validator on Polygon (MATIC) Network

T-Mobile’s Parent Company Becomes Validator on Polygon (MATIC) Network

May 31, 2023
Crypto Scammer Manipulates Cancer Story To Peddle NFTs

Crypto Scammer Manipulates Cancer Story To Peddle NFTs

May 31, 2023
XRP, Litecoin, Tradecurve emerging as top performing cryptos in May

XRP, Litecoin, Tradecurve emerging as top performing cryptos in May

May 31, 2023
Crypeto News

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Crypeto News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

LATEST UPDATES

  • Pixel Penguins Scam and Ensuing Drama Shows Danger of Trusting CT Influencers
  • Covering the 2024 Presidential Election
  • Next Cryptocurrency to Explode Wednesday 31 May – RobotEra, Filecoin, Solar
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Crypeto News.
Crypeto News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 Crypeto News.
Crypeto News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In