Enschedé Collaborates on NFT Venture

Dutch security print company Royal Joh Enschedé – creator and printer of banknotes, postage stamps, tax labels, passports and visas for 320 years – is teaming up with PROxID and Concordium blockchain to connect the world between security print products, NFTs and the metaverse.

Dutch software developer PROxID is building an NFT (non-fungible token) platform on the layer-1 blockchain with the integrated ID framework of the Swiss foundation Concordium, a provider of secure digital assets via the ID layer. The protocol level ID ensures that every wallet is associated with a real-world identity that has been verified through a third-party ID provider, so that people and companies can trust one another, while remaining private, with zero-knowledge-proof.

Concordium’s blockchain-based ID framework guarantees privacy while allowing transactions to be monitored, and ensures that each one can happen instantly, efficiently, at less cost and within an energy-efficient software.

The collaboration will offer collectors a new platform to collect and trade, without compromising the uniqueness of the original items, as well as create an entirely new playground beyond the physical world.

In the digital world, collectible banknotes and postage stamps will correspond to NFTs acting as an ownership guarantee, which can be traded globally on a secure platform and ultimately live on in the metaverse.

Gelmer Leibbrandt, CEO at Royal Joh Enschedé (RJE) says: ‘our vision is to contribute to a world without counterfeits. With the endless possibilities the blockchain offers, we are entering a new phase, a new era for our company and also adding a very strong and compelling security layer to our already very secure printed products. NFT stamps are unique, secure and highly collectible, and RJE is one of the world’s best known independent security printers. I am sure this will appeal to many in the NFT space.’ 

Lars Seier Christensen, Chairman of Concordium and founder of Saxo Bank, added: ‘at Concordium, we are very excited to support a whole new dimension to the blockchain and NFT space in collaboration with RJE. Philately, the collection of stamps, is the world’s largest collector’s hobby. We believe this outstanding offering will bridge the world of traditional collectors to a new generation.’