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Crypto Stamp 3.0 Set to Revolutionize Postal System in Switzerland

by BlockNews Team
April 6, 2023
in Business, Crypto, Media, Social
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Crypto Stamp 3.0 Set to Revolutionize Postal System in Switzerland
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  • Swiss Post is leading the way in combining physical and digital worlds with Crypto Stamp 3.0, a limited-edition series featuring a fascinating AI integration
  • PostFinance, Swiss Post’s banking branch, will launch its Bitcoin trading and custody platform by 2024, allowing customers to trade and hold cryptocurrencies through their in-house bank
  • With these two ventures into cryptocurrencies, Switzerland is becoming an innovator in the technology integration space, making it easier for stamp collectors and digital currency traders alike to engage more deeply with their respective markets

Swiss Post continues to lead the way in merging the physical and digital worlds with the release of its Crypto Stamp 3.0 series. This limited edition collection was created by visitors to Swiss Digital Days in 2022, using an AI system trained to produce images from selected words.

The stamps come in physical and digital formats, represented by Non-Fungible Tokens (NFTs) that add a unique layer of exclusivity for collectors. Prices vary depending on the rarity of the NFTs, with 65,000 to only 50 rare examples being available.

In addition to this venture into crypto-collecting, Swiss Post’s banking branch – PostFinance – will launch its Bitcoin trading and custody platform by 2024. This platform will allow customers to engage in crypto trading and holding through their in-house bank, making it easier and more accessible.

These developments encourage people worldwide to explore cryptocurrency more deeply, thanks to Switzerland’s commitment to remain at the forefront of technology integration. With Crypto Stamp 3.0 and PostFinance’s Bitcoin trading platform, Swiss Post is transforming how stamp collectors and digital currency traders experience their respective markets.

Swiss Post is bridging the gap between traditional stamp collecting and the digital world of NFTs with the launch of their third edition of Crypto Stamps.

Starting May 2nd, 2023, anyone interested can order Crypto Stamp 3.0 at any Swiss Post branch. They may also be among the first to get their hands on the new version of Crypto Stamps between April 4th and 25th, as the company promises to roll out new versions each week.

PostFinance and Its Contribution to Swiss Crypto Trading

Swiss Post’s banking branch, PostFinance, recently revealed plans to launch a Bitcoin trading and custodial platform by 2024. This service allows trading and functions as a digital wallet to store cryptocurrencies.

According to Sandra Lienhart, Head of Retail Banking at PostFinance, this move was in response to customer demand to gain access to the crypto markets through their in-house bank.

PostFinance is Switzerland’s fifth largest retail bank and has already released Yuh – an app offering digital finance services created by Swissquote and PostFinance, which allows users to invest in thirteen different cryptocurrencies.

This announcement comes at a time when many banks are embracing the cryptocurrency market more than ever. Swiss Post is no exception; Lienhart believes now is an ideal moment to expand into cryptocurrency.

Tags: cryptocrypto adoptionCrypto StampSwitzerland
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