Blockchain-based startup Stonses is launching a feature that enables people to preserve the memories of their loved ones in a digital format. The process will utilize nonfungible tokens (NFT), enabling users to create distinct identities of real-world objects. According to the announcement, the process will also be based on Verofax’s blockchain-powered asset management.
This is similar to the process created earlier this year by Microsoft. The tech giant patented an AI-based technology that can preserve the personas of the diseased via chatbots.
Preserving Memories Using Blockchain Technology
Technology has helped a great deal to preserve the memories of lost loved ones through pictures, videos, and other digital means. These memories exist both in the physical and digital world.
But these memories may not be arranged in one location while some may be completely lost or discarded. This means that memories associated with these lost items are also gone.
However, Stonses wants to provide digital replicas of real-world objects to bring permanence to the memories.
Stonses will be bringing verifiability and decentralized trust to digital objects using the Verofax immutable platform, with the QR code used as a unique identifier that represents the digital objects.
Chief Executive Officer of Stones, Miha Balek, stated that the memorial platform will help people use blockchain technology to preserve their personal belongings. The firm wants to make this possible via NFTs created by friends and families of the deceased.
The User Will Have Complete Control Of The Data
The new Stonses memorial platform will be leveraging NTF technology with QR codes, allowing the user to easily attach them to the physical interactions that remind them of their loved ones.
After the link, the firm builds a digital replica of the object and assigns a unique identity to the object. The data is now transferred to an immutable blockchain, enabling the user to preserve the object and the memories it brings forever.
Also, the user will have total control of the data. They will decide which data is kept private and which one should be made public. They also have the right to decide who has read-only access and who has the right to add memories.