STA, 25 September 2021 - Slovenia will become the world's first country to issue its own non-fungible tokens (NFT) to promote the achievements of its businesses and its tourism destinations. The tokens will be gifted to visitors to Slovenia's pavilion at the Expo show in Dubai opening on 1 October.
The pioneering project, which is to boost Slovenia's Expo showcase, is the product of cooperation between the Slovenian Ministry of Economic Development and Technology, the public agency for the promotion of entrepreneurship and investment SPIRIT and the Ljubljana Technology Park.
Announcing the project at the European Blockchain Week, State Secretary Simon Zajc said it would put Slovenia on the map of the most advanced digital countries who understood development of blockchain as a technology of the future.
The NFTs will represent a collection of unique digital 3D exhibits and exclusive 360 degree panoramic high definition photographs. The tokens will be distributed to visitors to the Slovenian Expo pavilion as a gift in the form of a promotional card carrying instructions and a unique eight-digit number that will allow them to access the digital wallet to "claim" their non-non fungible.
"Slovenia is thus being presented at EXPO Dubai 2020 as an innovative, digital and smart destination whose pavilion is certainly worth a visit for its distinctive leafy facade, interesting content, new business opportunities and the NFTs," said Zajc earlier this week.
He noted that the NFTs would also provide an opportunity for the development of digital competences of individuals and companies as every visitor will be able to create their own digital wallet based on Slovenian blockchain technology.
