Since 2019, the Austrian Post has issued several NFT stamp collections - a major technological step toward bringing blockchain technology into daily practical use - With almost 500,000 units sold out rapidly. Every stamp includes a scannable QR code that provides complete traceability on previous owners, procedures, and locations it interacts with. The crypto-stamp puts the Austrian Post on the first line of technology by marking one of the earliest adoptions of NFTs by a country’s official postal service.
To bravely cross the line
from analog to digital
PROJECT OVERVIEW
The Austrian Post has presented the world’s first blockchain stamp. With this release Austria´s largest mail delivery service links the analog and the digital era.
crypto.post.atBLOCKCHAIN
UNITS
500,000
The challenges
ahead
While offering several features, the crypto stamp utility is currently available mainly for xDai and Ethereum blockchains users. A situation that narrows down the expansion of this practice tremendously and presents a significant adoption barrier. To solve these issues, the Austrian Post is in the midst of a process of moving its service to the Polygon blockchain. This shift presents a whole new challenge by the complexity involved with moving the crypto-stamps data. An inter-chain transfer of that scale will require a substantial investment of funds or even hundreds of thousands of NFTs to be re-minted on the Polygon blockchain.
One bridge
to move them all
On December 2021, during their presentation at the Hamburg Blockchance Convention, the Austrian Post announced its latest 3.1 crypto-stamp series, already available to purchase on OpenSea. Another important part of this presentation was an announcement on a strategic partnership with XP.NETWORK - Who will play a pivotal part in the crypto stamps future. XP.NETWORK’s multi-chain NFT bridge facilitates seamless and accessible inter-chain NFT transfers. By utilizing this tool, the Austrian Post guarantees a safe and total transfer of its whole collection of crypto-stamps. This procedure prevents the need to re-mint its entire collection of crypto stamps. The platform will provide seamless transfers of the collection as a whole and assure Austrian Post blockchain change will only be noticed by the improvement and growth of the stamp utility.
“The crypto-stamp is a great precedent and example for NFTs crossing over from the world of art into everyday uses. We are very excited about this opportunity to demonstrate the NFT bridge abilities with a transfer of such scale.”
Nir Blumberger
CEO & Co-Founder, XP.NETWORK