It is the first time that Indonesia’s state-owned postal service, Pos Indonesia, has put out postage stamps that are tied to non-fungible tokens (NFTs). These stamps combine the traditional Philippine world with cutting-edge blockchain technology. The new stamps have the “Cenderawasih,” or bird of paradise, on them. They are available in both real and digital forms, and fans can get a booklet that goes with them.
Fans of stamps can now interact with NFTs thanks to this clever move. Each real stamp has a digital copy on the blockchain. The post office wants to get people who like to gather old things as well as people who are interested in the growing world of Web3.
Indonesia’s use of NFT stamps is part of a worldwide trend of postal services testing blockchain technology to get people interested in collecting stamps again. On the other hand, Pos Indonesia’s start of NFT comes at a bad time for the market for digital treasures. In the past few months, sales of NFTs have dropped sharply, hitting their lowest point since 2021. Even though the price is going down, Indonesia is still moving forward with this project as part of a larger plan to use blockchain technology in traditional fields.
Along with the launch of the stamp, the Indonesian government has been focusing more and more on building up Web3 infrastructure. Financial officials want to cut down on scams and make sure the digital world is safe, so they have announced plans to create a legal sandbox for crypto assets by 2025.
Even though the NFT market has problems, Pos Indonesia’s NFT cards are a brave attempt to combine old and new ideas. This project shows that the mail service is committed to using new technologies while keeping the classic attraction of collecting stamps.
