LONDON, UK: AIQ Limited (LSE: AIQ) introduced that Alcodes International, the Group’s IT consultancy enterprise headquartered in Hong Kong, has been awarded a contract to provide a non-fungible token (NFT) market and that it has established partnerships with two suppliers to ship the project.
The Group has been appointed to ship an NFT marketplace designed to allow artwork schools and education centres in Hong Kong to help their college students in publishing NFTs. Alcodes International will oversee and handle the project, with the event of the market being provided by Accubits Technologies Inc. (Accubits), a full-service software program provider, and digiXnode Technology Ltd. (digiXnode), which specialises in blockchain development.
An NFT market is a digital market to promote or purchase any digital assets, crypto tokens or NFTs. The market may even be used to store, display, create or commerce NFT tokens or different digital assets that may be bought directly from artists or different holders.
In addition, the NFT market being delivered by the Group will be able to increase its attain into China in a fully compliant method thanks to the partnership with digiXnode. digiXnode is the only Blockchain-based Service Network (BSN) portal operator for Hong Kong and Macau, with the BSN being a global public infrastructure community used to deploy and function all types of blockchain distributed applications and which provides entry to blockchains in mainland China and the remainder of the world.
Edwin Li, Executive Director, said: “We are delighted to have been awarded this contract and to have established partnerships with Accubits and digiXnode for its delivery. As we have beforehand stated, our strategic focus is on leveraging the demand for IT services for blockchain technology and digital assets. We’re making good progress with our preliminary contract on this space, which is for the provide of a decentralised finance exchange, and this new project is a primary step into the NFT market. We are particularly excited to be working with our new partners, and we hope to set up a long-term relationship with them.”
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