Curtin R&D Lab to help Envision in the development of Blockchain infrastructures
- Curtin University blockchain R&D has signed an agreement with Envision to help the platform develop its blockchain infrastructure.
- Support will include NFT implementation and penetration testing, among many activities.
- Curtin’s R&D lab has an established reputation for providing blockchain solutions to businesses across all industries.
Curtin University’s Blockchain Research and Development Lab has signed a partnership with Envision Stock, a decentralized platform for marketing and buying stock market content that leverages smart contracts and blockchain technology to provide proof of property.
Curtin’s Blockchain Research and Development Lab (NYSE:) will assist in the development and testing of Envision’s blockchain infrastructure. Support will cover implementation of ERC 1155 NFTs which will provide proof of ownership over content, associated smart contracts, deployment and management of blockchain nodes, NFT integration and use of file sharing systems decentralized such as IPFS.
Additionally, support will include optimization and scaling of smart contracts for gas fee reduction, as well as multi-faceted testing including unit, integration, acceptance testing and white box penetration.
With its expertise and solution offerings for various industries, Curtin University’s blockchain R&D positions itself as Envision’s ideal blockchain partner.
The lab uses the research capabilities of Curtin University and the execution prowess of Natsoft Consulting – which supported the creation of the R&D lab – to deliver a comprehensive technical solution to Envision. This will allow Envision to attract content and users to a more efficient and fair blockchain native exchange platform.
Envision is the first blockchain-based media platform that empowers its users. Conventional platforms depend on extracting immense value as intermediaries, taking over the content of the stock, and then returning a small portion of the revenue to the original creator. Creators have no control over pricing or revenue sharing, with data showing creators can get as little as 20% of total proceeds.
Envision steps in because it merges a cryptocurrency-based peer-to-peer marketplace with NFT-flagged ownership. This greatly streamlines the whole process, made possible by many innovations in the blockchain ecosystem.
Envision co-founder and CFO Miles Bradley is thrilled with the collaboration, saying:
It’s exciting to see a local partnership that benefits both parties and contributes to the mass adoption of the blockchain space. Leveraging Curtin’s Blockchain Lab will accelerate our development and adoption, ensuring we’re in the best possible position to achieve our goal of supporting creators who have succumbed to greedy Web2 solutions for far too long.
Director of Curtin University’s Blockchain R&D Lab, Vidy Potdar, weighed in on the Web2 discussion, noting that the revenue Web2 solutions can generate through stock media creators suggests the market is ripe for disruption. , with the knowledge and experience that Curtin’s Blockchain R&D Lab brings to the table Envision will be strongly positioned to be a market leader.
About the Blockchain Research and Development Lab
Curtin University’s Blockchain R&D Lab focuses on creating real industry solutions using blockchain and other disruptive technologies. A hub for research, education, development and implementation of blockchain solutions, the lab collaborates with other Curtin facilities and industry solution providers to develop breakthrough innovations.
Envision is a Web3 solution dedicated to giving stock media creators the power and control they deserve. Using the utility of NFT and blockchain technology, Envision enables peer-to-peer exchange of stock media content where content creators sell directly to consumers, avoiding the nuisances of the traditional process present in Web2 solutions.
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