Visual China Group (VCG), the country’s largest stock photo and video provider, is testing an overseas platform for non-fungible tokens (NFTs) that supports cryptocurrency, which is strictly banned in mainland China.
The beta version of the platform, named “Vault by 500px”, went live on Wednesday. VCG said the platform uses blockchain to “empower the production, protection and transaction of digital copyrights”, according to a filing to the Shenzhen Stock Exchange.
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