April 2024 Technical Update
Geeq introduces the counterparty NFT, which requires both parties’ signatures before there is a transfer of the asset’s deed. This reduces risk.
Geeq introduces the counterparty NFT, which requires both parties’ signatures before there is a transfer of the asset’s deed. This reduces risk.
Tokenize, organize, transfer, and trace your on-chain assets with unparalleled security. This is the revolutionary blockchain technology that was promised ten years ago.
The Geeq development team hosted a holiday event for the community to mint NFTs on-chain through an easy app – no smart contracts required! The event was a success. Here’s our technical recap of the work behind the scenes.
When digital assets are minted as unique tokens with Geeq’s (deed + description) structure, the entire chain of custody is secure throughout the asset’s life cycle.
Users may verify any portion of the asset transfers by tracing the deed from account to account. They also may verify the digital asset record (description) itself, which is preserved in the data ledger.
Iterations on this architecture expanded the set of transactions for digital assets to allow:
What does it really mean to “own” something online? The technology of Web 3 will not be able to let us own everything about ourselves, but all the experiments underway may be enough to attain escape velocity from Web 2.