Blockchain-based Memorial Platform Enables Users to Preserve Cherished Memories
Stonses, a Dubai-based startup, has launched a
blockchain-powered platform which allows for preserving the
memories of our loved ones in a digital format. Stonses' platform,
which enables users to create unique digital identities with
real-world objects, is built on a blockchain-powered asset
management and NFT platform from UAE-based Verofax.
In today's digital era, our memories of people exist in the
physical as well as the digital world. However, these memories may
be scattered across devices or locations, some lost and others
discarded, while the memories are also lost. Stonses aims to bring
a permanence to those memories, through digital replicas of
real-world objects linked to NFTs created by family friends and
To make this happen, Stonses' platform leverages NFT technology
with QR codes as physical interactions, which the user can attach
to any object that reminds them of their loved ones. A digital
replica of the object is then built, and a unique identity is
assigned to the object. This data is loaded onto an immutable
blockchain, which enables the user to preserve the object and its
associated memories forever, with control of the data to decide
what is made public and what remains private, defining who has the
right to create memories and who has only read access. By scanning
the QR tag that connects the object to its digital replica, the
user can instantly bring it, and the memories associated with that
object, back to life. Thus, the QR tag serves as the bridge between
a person's memories and objects associated with them, and sharing
with the public, amongst close family or a friends network
securely, with Blockchain.
Stonses CEO Miha Balek says "The gift industry will reach $43.3 bn
by 2027; objects are increasingly associated with people who own,
use or gift them. Digital and physical objects create digital
tokens, backed by Blockchain technology. Our memorial platform is
the first to help preserve and exchange personal belongings across
generations with technology, treasured assets to be transferred
with ownership based on smart contracts."
Wassim Merheby, CEO of Verofax, adds "When an object is replicated
or digitally combined with certified content, its replica is called
a digital twin or non-fungible Token. The first NFT project
launched in 2015 on the Ethereum blockchain, but today assets and
belongings can be tokenized digitally by making use of blockchain
technology, which helps establish ownership and identity and
seamless conditional transfer among user wallets.
While our blockchain-based asset management shoulders the Stonses
memorial platform, it is also leveraged for other use-cases across
industries. Retailers are using Verofax' solution to render digital
identities to their products along with information around origin,
composition, and environmental sustainability. Verofax is a
Microsoft co-selling gold partner whose solutions are also
published to the Azure AppSource marketplace.
The ability to interface stakeholders securely and enable easy
asset transfer and content access opens up new possibilities for
organizations like Stonses, which is leveraging the
direct-to-consumer interface to consolidate memories and assets of
significance value. Stonses business model adds value to our
personal lives, value that goes beyond the realm of monetary
measures and efficiencies to that of meaningfulness."
Please visit Stonses at www.stonses.com, or email email@example.com
for details. Visit Verofax at www.verofax.com for technical
matters, or email firstname.lastname@example.org.
We are the first and only memorial platform for the global market.
The future is fast approaching, and a new era of digital innovation
and disruption is here. At GITEX, we presented the most innovative
digital identity solution this year, soon extending to the
population: The Stonses Revolution officially launches at Burj
Khalifa, Dubai on December 21. https://youtu.be/VKPDR2IthUc.
Verofax is a blockchain-enabled Asset Digitization and Traceability
solution provider, with presence across North America, Europe, Asia
and MEA. The Verofax solution is available across multiple cloud
environments, helping businesses transform physical into
digitally-enabled products, and engaging meaningful interactions
with customized user interfaces. https://youtu.be/YRhh04hkaTY.
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