Switzerland national postal service to debut crypto stamp
The Swiss crypto stamp is a digital collectible linked to a traditional physical stamp issued by the Swiss Post. The national postal service of Switzerland is working to bridge the gap between physical stamps and the digital cryptocurrency industry by introducing tradable digital stamps. On Sept. 20 the Swiss Post officially announced the upcoming launch of the “Swiss crypto stamp,” a digital collectible linked to a physical stamp issued by the postal service worth 8.9 francs. The Swiss crypto stamp would provide a digital representation for a physical stamp and will be stored on a blockchain. Buyers will be able to discover a digital twin of their physical stamp online through a QR code printed next to the physical stamp. The crypto stamp’s image will show one of 13 possible designs and can be collected, exchanged and traded online, the Swiss Post noted. The upcoming Swiss crypto stamp will apparently provide an experience somewhat similar to nonfungible tokens (NFT) as some...