NFTs have truly taken the financial world by storm. However, plenty of questions remain regarding these digital assets, specifically around how they can be properly secured and verified. This was well illustrated recently when a phishing scam cost one NFT investor $2.28 million, including in coveted Bored Ape Yacht Club NFTs. The crypto community was not reassured when OpenSea responded by freezing the stolen collection, highlighting a lack of decentralization in the market. In other words, investors are eager for renewed confidence in NFTs. Thankfully, a new partnership involving Nervos Network (CCC:CKB-USD) has emerged to address exactly that.
Nervos Network Teams Up with Pastel
In a new development, two networks are joining forces to help investors feel more secure about their NFT investments. Nervos Network has confirmed it will team up with Pastel Network, a blockchain built solely for NFTs.
The two networks describe the partnership as “a testament to the need for reliability, security and verifiability in the NFT space,” which is made possible by Pastel’s unique solutions.
Nervos will incorporate Pastel’s Sense and Cascade protocols into its ecosystem. Sense helps verify the authenticity of an NFT by comparing it to all other digital assets on the entire internet through its duplicate detection program. Users can upload an NFT to the platform, at which point Pastel’s deep learning tools identify the “fingerprint” of…