Samsung’s 2022 MICRO LED, Neo QLED, and The Frame TV ranges will add support for non-fungible tokens, including an on-screen NFT marketplace
Adoption of Blockchain-based non-fungible tokens (NFTs) gains momentum literally globally. Samsung on Monday announced a groundbreaking TV support for NFTs, beginning with its 2022 TV lineup. The NFT support features an intuitive, integrated platform for discovering, purchasing and trading digital artwork through MICRO LED, Neo QLED and The Frame.
“With demand for NFTs on the rise, the need for a solution to today’s fragmented viewing and purchasing landscape has never been greater,” Samsung said in a statement. “In 2022, Samsung is introducing the world’s first TV screen-based NFT explorer and marketplace aggregator, a groundbreaking platform that lets you browse, purchase, and display your favourite art – all in one place,” the company added.
Samsung’s high-end TVs also serve as the frame for the artwork. It makes sense that the company is considering incorporating NFTs into the mix. However, allowing the purchase of NFT through the platform is a bold and unexpected step. Such a huge company needs plenty of time to consider as this step is extremely risky at the moment.
Samsung is pushing to introduce the first smart TV NFT explorer and marketplace aggregator this year. All including the ability for viewers to browse and trade NFTs from their couches. The company says its smart TVs won’t hinder the image quality of the NFTs it displays.
Meanwhile, the Commercial Bank of Dubai (CBD) is hosting a nonfungible token (NFT) art exhibition at its digital lab in Dubai International Financial Centre in partnership with UAE-based NFT artist Amrita Sethi, sharing the story of how the bank has evolved in the last half-century. Also new central bank digital currency (CBDC) pilot was released from the Bank of Korea in collaboration with Samsung Galaxy phones.