Cryptostamp: AKD Creates First Croatian Digital Stamp for Croatian Post

Lauren Simmonds

As Novac writes on the 9th of September, 2020, Cryptostamp is the first Croatian postage stamp to connect the digital and the analog world. It consists of two parts, a standard removable self-adhesive postage stamp with a QR code and a digital token that remains for use on the blockchain (application (app), computer or mobile phone).

The cryptocurrency project is extremely important for the development of this relatively young industry in Croatia, which is unfortunately very well known for its lack of progress in terms of digitalisation, and it also marks a significant step forward in finally putting the Republic of Croatia on the world’s blockchain map. After Gibraltar and Austria, the Croatian Cryptostamp is the third cryptocurrency in the world.

A physical postage stamp worth 50 kuna can be used to send shipments and parcels just like any other stamp can, and the digital part can be kept by the crypto stamp owner as part of their personal virtual collection. In this way, a new dimension was added which serves as protection against decay which is typically caused by the passage of time.

The digital token was created on the Ethereum platform and is represented on the blockchain as a non-fungible token (NFT) according to the ERC721 standard, which is used for digital objects whose value is collectible, as in the case of varying types of cryptocurrency.

For the needs of Croatian Post (Hrvatska post), in a circulation of 100,000 cryptostamps, AKD has realised this complex business process, which includes the printing of unique QR codes and the individualisation and printing of the Cryptostamp. Croatia’s Cryptostamp is printed in multicolour offset on a 75 gram PVC card, measuring 35.73 x 40.98 millimetres, and comes in five different motifs that symbolise postal means of transport: a van, a train, a ship, a plane and of course the most modern of all, a drone.

You can learn more about the Croatian Cryptostamp and how to buy it here.

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