Kellton Tech wins contract for developing non-fungible tokens marketplace

Kellton Tech said that it won a contract for developing a cutting-edge non-fungible tokens marketplace (NFT marketplace) by using blockchain and other new digital technologies.

According to the Indian technology consulting and IT services company, the advanced NFT marketplace will help in facilitating exceptional user experiences while purchasing, selling, and auctioning digital artifacts in the form of tokens.

Kellton Tech said that NFT marketplaces are quickly getting traction, hitting more than $2 billion in transaction volume in the last quarter.

The Indian tech company said that it will make use of its blockchain expertise for building an agile and scalable NFT marketplace that will support seamless integration with new technologies.

Kellton Tech will help build an Ethereum blockchain-based solution that is ERC-721 compliant. The solution will enable legitimate tokenizing of digital collectibles and support transactions with speed and accuracy, said the digital transformation enabler.

Furthermore, the technology infrastructure will provide the next level of security, performance, and efficiency, said the company.

Srinivas Potluri – CEO, US, Kellton Tech said: “We see this as an opportunity to create phenomenal experiences in the NFT segment and forge new revenue streams. We will build a future-ready NFT marketplace that would facilitate potential partnerships with the creators and collectors of digital artifacts worldwide.”