Samsung Introduces World’s First Television-Based NFT Platform – Bitcoin News

The well known electronics giant Samsung, the manufacturer of LCD and LED panels, laptops, mobile phones, memory chips, and televisions, revealed that the firm’s upcoming smart TVs will incorporate non-fungible token (NFT) technology.

Samsung Showcases Smart TV with NFT Capabilities

One of the largest electronics manufacturers worldwide, Samsung Electronics, has noticed how popular NFTs are today and the company believes there’s something needed to view these digital artworks. The U.S. Samsung Newsroom published a summary of the company’s latest lineup of MICRO LED, Neo QLED, and Lifestyle TVs with “cutting-edge personalization options.”

The NFT description is toward the end of the announcement which explains that “Samsung’s 2022 Smart TVs come with a new Smart Hub.” In addition to features like the “Gaming Hub,” “Watch All,” and an NFT Platform. “This application features an intuitive, integrated platform for discovering, purchasing and trading digital artwork through MICRO LED, Neo QLED and The Frame,” Samsung’s announcement details.

Samsung spoke with The Verge about its NFT Platform. The company stated that it had noticed NFT technology’s popularity. According to the electronics giant, the TVs with NFT Explorer and Market will be the first in their class.

“With demand for NFTs on the rise, the need for a solution to today’s fragmented viewing and purchasing landscape has never been greater. 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 favorite art — all in one place,” Samsung said.

Samsung’s entry into the world of NFTs has come as a great number of well known brands and celebrities have jumped on the NFT bandwagon. One NFT sold last year for multiple million in crypto-assets, and several NFT projects have achieved billion-dollar market caps.

This story contains tags
marketplace aggregator, New 2022 TVs, NFT Explorer, NFT Market, NFT TV, Non-fungible Token, Samsung, samsung electronics, Samsung Newsroom, Samsung NFT, Samsung NFTs, Samsung Smart TV, Smart TVs, Television, The Verge, TV NFT

What do you think about Samsung introducing the world’s first smart television with NFT technology? We’d love to hear your opinions on the subject below in comments.

Jamie Redman

Jamie Redman, a Florida-based financial journalist and news lead at News is Jamie Redman. Redman is an active participant in the cryptocurrency community from 2011. Since 2011, Redman has been an active member of the cryptocurrency community. Redman has contributed more than 5,000 articles to News since September 2015. These articles are about disruptive protocols that are emerging.

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