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Indonesian government looks to NFTs to preserve cultural heritage

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One of the key benefits of blockchain technology is the ability to capture information content in permanent, tamper-proof records. Once the data is chained to the network, it cannot be changed, making it the best solution for record storage.

Identifiable property, if the dynamic password (NFT) cannot be changed, can also be placed on the block chain. This can authenticate the right to use and at the same time confirm that something happened for a certain period of time. For example, the Meta Museum tokens data from the May 2022 Ukrainian war, putting the data into blocks and linking it to the Internet to store war records.

Because of the rise of artificial intelligence (AI) and the level of deep fakes, which are likely to look like real historical images, ensuring the probability of special occurrence has become more important than ever before.

NFTS for maintaining cultural heritage

It has been tempting to use decentralized expertise to save documents. For example, Muhammad Neil El Himam, Deputy Secretary of the Ministry of Tourism Design and Creative Commerce of Indonesia, who is responsible for digital economy and creative product design, told Cointelegraph that a strategic partnership has recently been established with Quantum Temple-, a technology company that uses NFT protection, to help preserve the country's cultural heritage. Himam explains that NFTs ensures that property can be maintained and created without restrictions:

I firmly believe that NFTs can contribute to the protection of India's cultural heritage on the premise of promoting the virtual exhibition hall. NFTS could also be the media to introduce the next 1 billion users to the login password area, especially if the NFT elements of cultural heritage are obvious and admired.

Quantum TempleCEO Mike Adami told Cointelegraph that her company had developed a multi-chain NFT sales market to generate cultural heritage and tourism on the Internet in Algoran, Taihe County. Adami explained that the website is working closely with the Indonesian Ministry of Tourism Design and Creative Commerce to turn the logo of tangible intangible cultural heritage into a distinctive digital currency.

The data mainly include traditional ceremonies, handicrafts and natural creatures and the expertise of our galaxy, but also music and language skills, dancing and worship. According to the symbolized cultural heritage, three key value areas have been created: the constant cultural and artistic archives, the replacement of fixed income by transparent colors based on remuneration, the confirmed sources and the recognition of the founders of culture and arts.

On March 21, 2023, Quantum Temple launched its NFT personal collection "Path to Alang ö" at L personal Studio in Paris during the blockchain cycle in London. "the collection contains 11 distinctive unconventional art creations, representing the different aspects of the cultural heritage of Bali, Indonesia, such as dancing, monasteries, scenery and philosophy. NFT is established through local artists and authoritative experts on cultural heritage.

Adami shows that innovative technologies such as blockchain can play an important role in facing the key challenges of a country's culture-related departments.

Authenticity and product quality are the core of the visible and intangible value of cultural heritage. Blockchain can be used to create an indestructible and priceless record, identify the true identity of the creator, and ensure the integrity and source of artistic and creative assets.

Harry Erhaping, CEO and founder of Nym, a decentralized privacy service, told Cointelegraph that recording cultural and artistic treasures and other things is becoming more and more important to avoid control. According to Halpin, blockchain theory is one of the best ways to ensure this, and stresses that Nym has been working with Filecoin, a distributed storage service provider, to record war crimes on its blockchain Internet.

Taking full account of this development potential, Himam feels that other regions are very likely to be included in blockchain elements in the future. "India is just one example of how many developed countries have begun to experiment with the potential of this kind of technology," he said. "

The test still exists.

While changing the identity of the digital currency may be a key information storage solution, oversight and technical tests are likely to interfere with selection. For example, while Shimam has his eye on blockchain technology, he stresses that strict regulation of variability in the region's internal structure can lead to friction.

Simam said that the Indian Commodity Futures Trading Authority has a grasp of the use of blockchain technology in China. "encrypted assets are classified as a commodity and can be used as the base price for stock index futures contracts in the trading center," he said. But, he added, as India begins to implement more blockchain applications, the government will gradually create clear policies, regulations and policies on how to use decentralized expertise.

Equally noteworthy is that Indonesia's national password exchange is expected to take place in June 2023. According to Himam, Indonesia has shown remarkable enthusiasm for choosing a digital currency. "China has established regulatory requirements around digital currency and supports the application of digital currency," he said. "

However, the construction of professional and technical infrastructure in Indonesia may test the application of decentralized Internet projects. Simam stressed that depending on the expertise of the blockchain, there must be specialized infrastructure, such as digital currency wallets, which may not be widely used in some parts of Indonesia. This, coupled with most of the professionals who must be skilled in new Web3 projects, may slow regional independent innovation.

Despite the difficulties, Quantum Temple's Adami feels that the Asian platform is likely to go a long way in understanding the test cases based on the blockchain. "the leadership of the Indonesian Ministry of Tourism Design and Creative Commerce understands how social organizations can provide a new way of support for cultural industry units while safeguarding the intellectual property rights of art masters," she said. "

by Rachel Wolfson
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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