SOLUTIONS – bfungible

bfungible is a platform developed by Bcademy that enables the creation of fungible and non-fungible tokens (NFT)

bfungible makes minting extremely simple and secure, avoiding interactions with smart contracts and providing the only double confirmation on the market, via notarization on Bitcoin’s Blockchain.

The minting process is straightforward and returns the desired result following a few simple configuration steps. Another advantage of bfungible over many competitors is the ability to choose the degree of privacy of attachments: visible and/or publicly viewable or not.

The technology behind bfungible is the Liquid network, which provides the closest possible proximity to Bitcoin, as both the value and the nature of Liquid’s native coin blockchain (LBTC) are linked to those of BTC

Each of the alternative solutions showed positives and negatives, such as the extremely high costs of Ethereum, the centralization of the Binance Smart Chain, and the poor security of other networks with little use or experimental consensus mechanisms. Liquid, a federated network built by Blockstream and participated in by major players in the industry including Bcademy itself, is currently the best trade-off for issuing assets already centralized upstream (utility and security tokens, NFTs).

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Heritage protection
Asset creation and NFT
Notarization of files and data